Sicav Annual Report Final Audited and Signed 2021

Fonds de Compensation
de la Sécurité Sociale,
SICAV-FIS
Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé
Annual Report, including audited financial

statements as of 31 December 2021
R.C.S. Luxembourg B 129 879

No subscriptions can be received on the basis of this financial report. Subscriptions are only valid if made on the basis of
the current Issue Document accompanied with the latest annual and most recent semi-annual report, if published thereafter.
Fonds de Compensation de la Sécurité Sociale, SICAV-FIS
Société d’Investissement à Capital Variable –

Fonds d’Investissement Spécialisé
Annual Report, including audited financial statements

as of 31 December 2021
Contents
General Information 3 FDC SICAV EMMA Equities - Active 1 215
Schedule of Investments and Other Net Assets 215
Information to the Shareholder 5 Industrial Classification of the Investment Portfolio 241
Report of the Board of Directors 6 FDC SICAV EMMA Equities - Indexed 243
Independent Auditor’s Report 9
Industrial Classification of the Investment Portfolio 269
Statement of Net Assets 11
FDC SICAV EUR Bonds - Active 1 271
Statement of Operations and Changes in Net Assets 16 Schedule of Investments and Other Net Assets 271
Statement of Share Statistics 21
FDC SICAV EUR Bonds - Active 2 282
Notes to the Financial Statements 24 Schedule of Investments and Other Net Assets 282
FDC SICAV Global Equities - Active 1 44
Schedule of Investments and Other Net Assets 44 FDC SICAV EUR Bonds - Active 3 287
Industrial Classification of the Investment Portfolio 50 Schedule of Investments and Other Net Assets 287
Schedule of Investments and Other Net Assets 52 FDC SICAV EUR Bonds - Indexed 294
Schedule of Investments and Other Net Assets 58 FDC SICAV EUR Green Bonds - Active 1 352
FDC SICAV Global Equities - Indexed 61
Schedule of Investments and Other Net Assets 61 FDC SICAV Global Bonds - Active 1 357
FDC SICAV Global Equities - Indexed 2 94
FDC SICAV Global Equities Sustainable Impact - Active 1 129
FDC SICAV Global Equities Small Cap - Active 1 132
Schedule of Investments and Other Net Assets 132 FDC SICAV Global Bonds - Indexed 387
FDC SICAV Global Equities Small Cap - Indexed 138
Schedule of Investments and Other Net Assets 138 FDC SICAV EMMA Bonds - Active 1 444
1
Contents (continued)
FDC SICAV EMMA Bonds - Indexed 450

FDC SICAV EUR Money Market - Active 1 457

FDC SICAV Global Real Estate - Active 1 460

FDC SICAV Global Real Estate - Active 2 462

2
General Information
Registered Office Mr Carlos Pereira

Private sector employee
Fonds de Compensation de la Sécurité Sociale, 60, boulevard J.-F. Kennedy
SICAV-FIS L-4170 Esch-sur-Alzette, Grand Duchy of Luxembourg
Atrium Business Park
31, Z.A. Bourmicht Mr Claude Rumé
L-8070 Bertrange, Grand Duchy of Luxembourg Civil servant
1a, boulevard Prince Henri
L-1724 Luxembourg, Grand Duchy of Luxembourg
Board of Directors
Mr Serge Schimoff
Chairman
Mr Alain Reuter 69, route d’Esch
President of Fonds de Compensation L-2953 Luxembourg, Grand Duchy of Luxembourg
1a, boulevard Prince Henri
Mrs Annick Sunnen
Civil servant
Members 125, route d’Esch
Mr Raymond Bausch (since 25 February 2021)
Civil servant
2, rue de la Congrégation Mr Norbert Tremuth
L-1352 Luxembourg, Grand Duchy of Luxembourg Retiree
18, rue Auguste Lumière
Mr André Birget L-1950 Luxembourg, Grand Duchy of Luxembourg
Retiree
46, rue Emile Mayrisch Dr Yves Wagner
L-4240 Esch-sur-Alzette, Grand Duchy of Luxembourg Company Director
19, rue de Bitbourg
Mr Claude Bizjak L-1273 Luxembourg, Grand Duchy of Luxembourg
7, rue Alcide de Gasperi
Administration and Management
Administrative Agent
Mr Gabriel Di Letizia
Private sector employee Citibank Europe plc, Luxembourg Branch
50, avenue J.-F. Kennedy Atrium Business Park
L-2951 Luxembourg, Grand Duchy of Luxembourg 31, Z.A. Bourmicht
L-8070 Bertrange, Grand Duchy of Luxembourg
Mr Marc Flammang
Bank Director Custodian Agent
48, avenue Charles Martel
L-1243 Luxembourg, Grand Duchy of Luxembourg Citibank Europe plc, Luxembourg Branch
Atrium Business Park
Mr Marc Hengen 31, Z.A. Bourmicht
Private sector employee L-8070 Bertrange, Grand Duchy of Luxembourg
12, rue Erasme
L-1468 Luxembourg, Grand Duchy of Luxembourg Investment Managers (by delegation)
Mr Yves Mass FDC SICAV Global Equities - Active 1

Private sector employee Robeco Institutional Asset Management BV
12, rue Erasme Weena 850
L-1468 Luxembourg, Grand Duchy of Luxembourg NL-3012 AD, Rotterdam, Netherlands
(since 25 February 2021)
FDC SICAV Global Equities - Active 2
Mr Jean-Paul Olinger KBI Global Investors Dublin Limited
Private sector employee 3rd Floor, 2 Harbourmaster Place, IFSC
7, rue Alcide de Gasperi Dublin 1, Ireland
3
General Information (continued)
FDC SICAV Global Equities - Active 3 FDC SICAV EUR Green Bonds - Active 1
NN Investment Partners Allianz Global Investors GmbH (French Branch)
Schenkkade 65 3, boulevard des Italiens
NL-2595 AS, The Hague, Netherlands F-75002 Paris, France
FDC SICAV Global Equities - Indexed FDC SICAV Global Bonds - Active 1
State Street Global Advisors Natixis Investment Managers International
20 Churchill Place, Canary Wharf 43, avenue Pierre Mendès-France
London E14 5HJ, United Kingdom F-75013 Paris, France
FDC SICAV Global Equities - Indexed 2 FDC SICAV Global Bonds - Active 2
UBS Asset Management (UK) Limited AXA Investment Managers Paris S.A.
5 Broadgate Tour Majunga - La Défense
London EC2M 2QS, United Kingdom 6, place de la Pyramide
F-92800 Puteaux, France
FDC SICAV Global Equities Sustainable Impact - Active 1
BNP Paribas Asset Management FDC SICAV Global Bonds - Active 3
1 boulevard Haussmann Wellington Management International Limited
F-75009 Paris, France 80 Victoria Street, Cardinal Place
London SW1E 5JL, United Kingdom
FDC SICAV Global Equities Small Cap - Active 1
Allianz Global Investors GmbH (UK Branch) FDC SICAV Global Bonds - Indexed
199 Bishopsgate BlackRock Investment Management (UK) Limited
London EC2M 3TY, United Kingdom 12 Throgmorton Avenue
London EC2N 2DL, United Kingdom
FDC SICAV Global Equities Small Cap - Indexed
BlackRock Investment Management (UK) Limited FDC SICAV EMMA Bonds - Active 1
12 Throgmorton Avenue Pictet Asset Management Limited
London EC2N 2DL, United Kingdom Moor House, Level 11
120 London Wall
FDC SICAV EMMA Equities - Active 1 London EC2Y 5ET, United Kingdom
Dimensional Fund Advisors Limited
20 Triton Street, Regent’s Place FDC SICAV EMMA Bonds - Indexed
London NW1 3BF, United Kingdom UBS Asset Management (UK) Limited
5 Broadgate
FDC SICAV EMMA Equities - Indexed London EC2M 2QS, United Kingdom
Pictet Asset Management S.A.
60, route des Acacias FDC SICAV EUR Money Market - Active 1
CH-1211 Geneva 73, Switzerland AXA Investment Managers Paris S.A.
Tour Majunga - La Défense
FDC SICAV EUR Bonds - Active 1 6, place de la Pyramide
Allianz Global Investors GmbH (French Branch) F-92800 Puteaux, France
3, boulevard des Italiens
F-75002 Paris, France FDC SICAV Global Real Estate - Active 1
LaSalle Investment Management
FDC SICAV EUR Bonds - Active 2 One, Curzon Street
HSBC Global Asset Management (France) London W1J 5HD, United Kingdom
Immeuble Coeur Défense, Tour A
110, esplanade du Général de Gaulle FDC SICAV Global Real Estate - Active 2
F-75419 Paris Cedex 08, France CBRE Global Investment Partners Limited
Third Floor, One New Change
FDC SICAV EUR Bonds - Active 3 London EC4M 9AF, United Kingdom
Amundi S.A.
90, boulevard Pasteur Independent Auditor
F-75015 Paris, France
Ernst & Young S.A.
FDC SICAV EUR Bonds - Indexed 35E, avenue J.-F. Kennedy
Credit Suisse Asset Management (Suisse) S.A. L-1855 Luxembourg, Grand Duchy of Luxemburg
Kalandergasse 4
CH-8045 Zurich, Switzerland Legal Advisor
Arendt & Medernach S.A.

41A, avenue J.-F. Kennedy
4
Information to the Shareholder
As per the Issue Document, annual reports including audited financial statements are available for inspection by the Shareholder at the registered
office of the Company four months after the close of the accounting year. Unaudited half-yearly reports are also available in the same manner two
months after the end of the period to which they refer.
5
Report of the Board of Directors
Il y a deux ans, de nombreux experts ont commencé à prédire les “années folles” pour la décennie 2020-2030, en référence aux années 1920, une
décennie de croissance forte et équilibrée, de marchés financiers performants, d’augmentation de la prospérité et du bien-être général pour une
population mondiale. La décennie actuelle entre maintenant dans sa troisième année, et nous constatons qu’une croissance durable et équilibrée
était absente tant en 2020 qu’en 2021. Mais on peut quand même dire que les dernières années ont été peu communes, incertaines et « folles ».
À la fin de la Première Guerre mondiale et dans le contexte d’une pandémie appelée grippe espagnole, le président américain Harding a voulu «
ramener la normalité » aux États-Unis. Cette période a vu le développement et l’utilisation à grande échelle de nombreuses innovations, comme
ceux des automobiles, des téléphones, des films, de la radio et des appareils électriques dont ont profité des millions de personnes dans le monde
occidental. Les nations ont connu une croissance industrielle et économique rapide et une accélération de la demande des consommateurs, le tout
accompagné de nouvelles tendances dans le mode de vie et dans la culture.
Jusqu’à présent, les années vingt d’aujourd’hui ont apporté le contraire. Sous les confinements et autres restrictions, la vie s’est arrêtée et aucune
révolution industrielle majeure n’a changé le mode de vie ou la culture du monde occidental. Pourtant, les marchés financiers et notamment les
marchés actions dans les pays développés ont connu des performances extraordinaires, espérant que l’accélération de la demande observée après le
premier choc de la crise sanitaire allait générer une nouvelle phase de croissance économique exceptionnelle.
La « demande accélérée des consommateurs » des années folles pourrait également caractériser le début de cette décennie, mais contrairement à ce
qui s’est passé il y a cent ans, les conséquences restent incertaines du côté fabrication, du côté de l’inflation, ou du côté des politiques budgétaires,
fiscales et monétaires.
En ce qui concerne la production, le début de la décennie a vu des chaînes d’approvisionnement vitales s’effondrer et d’importantes perturbations
continuent de prévaloir aujourd’hui. C’est le cas pour plusieurs biens allant du bois aux semi-conducteurs, mais aussi plus récemment pour certains
services.
Les goulots d’étranglement dans le domaine de la production de semi-conducteurs semblent être à l’origine de nombreux problèmes
d’approvisionnement. Certes, les ventes de semi-conducteurs ont doublé au cours des cinq dernières années, mais la demande reste supérieure
à l’offre. Les puces semi-conductrices sont en effet de plus en plus indispensables pour un nombre croissant de biens, allant des équipements
informatiques de base (téléphones, ordinateurs personnels) à l’industrie automobile et bien d’autres secteurs. La pandémie a accru la demande
d’équipements électroniques à des fins professionnelles, mais aussi dans le domaine des loisirs (par exemple, les jeux électroniques). Le minage de
crypto-monnaies joue probablement également un rôle important : selon le Cambridge Center for Alternative Finance, le « hashrate » de bitcoin,
un terme industriel utilisé pour décrire la puissance de calcul collective des mineurs, a augmenté aux États-Unis de 428% de septembre 2020 à
septembre 2021.
La mondialisation, l’un des principaux facteurs de développement au cours des dernières décennies, a montré ses limites, tout comme la
devise « just in time » dans la production. La production locale est aujourd’hui prévue dans de nombreux pays pour remédier à ces problèmes
d’approvisionnement, notamment au Japon, aux États-Unis ou dans l’Union européenne pour les semi-conducteurs et autres produits vitaux car
les pandémies ne sont pas les seuls risques pour le commerce international, la géopolitique jouant également un rôle majeur. Mais la construction
d’usines de puces nationales ou la réorganisation des voies d’approvisionnement prendront du temps, sans parler des difficultés diverses liées à la
mitigation des risques géopolitiques. Nous ne pouvons donc pas nous attendre à une sécurité suffisante des chaînes d’approvisionnement dans de
nombreux domaines avant cinq ans ou plus.
Le transport a également connu de nombreux goulots d’étranglement au cours de l’année, et le transport maritime en particulier, qui représente
environ 80% du commerce mondial en volume, a connu des congestions dans les ports et par conséquent des augmentations de prix importantes.
Les politiques de transition énergétique visant à réorienter la production pour rattraper d’autres politiques qui ont échoué pendant les décennies
précédentes n’ont pas contribué à améliorer l’approvisionnement et les flux commerciaux.
En ce qui concerne l’inflation, les hausses de prix étaient censées être temporaires et limitées à certains biens, mais les pressions sur les prix se sont
élargies en cours d’année et se sont révélées plus élevées que prévu. Le « pic de la bulle du bois de charpente » avec des augmentations de prix de
300% en seulement quelques mois ne serait qu’une anecdote s’il n’était pas un exemple de marchés nerveux et d’inflation hors de contrôle. Au cours
de l’année 2021, économistes et prévisionnistes s’étaient accordés pour dire que l’inflation serait transitoire, mais la durée de la transition a été
augmentée régulièrement. Les pressions sur les prix des biens et services se sont étendues en fin d’année à certains marchés du travail, notamment
aux États-Unis, faisant craindre aux marchés un resserrement des politiques monétaires et des hausses de taux d’intérêt.
Les perturbations de la chaîne d’approvisionnement ont eu des implications économiques et monétaires importantes en 2021. L’analyse des services
du Fonds Monétaire International (FMI) suggère que les perturbations de l’approvisionnement ont réduit de 0,5 à 1,0 point de pourcentage la
croissance du PIB mondial en 2021 tout en ajoutant 1,0 point de pourcentage à l’inflation sous-jacente.
6
Report of the Board of Directors (continued)
On peut se demander d’où vient l’augmentation significative de la demande, et en particulier celle de biens durables, une telle augmentation ayant
été rarement observée lors des crises économiques précédentes. Les soutiens fiscaux mis en place par tous les gouvernements du monde entier
pour éviter un effondrement durable des économies après le premier choc sanitaire en sont probablement une explication logique, de nombreux
consommateurs n’ayant de ce fait pas vraiment été touchés financièrement par la crise économique qui par ailleurs a été de courte durée. De grandes
parties du marché du travail ont bénéficié d’une sécurité d’emploi relative et d’un impact négligeable sur le revenu. Les bonnes performances des
bourses ont accentué l’effet richesse au même titre que l’envolée des prix sur le marché immobilier.
Contrairement au monde développé, les marchés émergents n’ont pas bien performé. Leur fragilité est liée à des risques régionaux qui ont éloigné
les investisseurs. La Chine a été l’un de ces risques. Le développement immobilier y est menacé, et n’est plus soutenu par les autorités chinoises
comme l’a montré l’exemple d’Evergrande. Les Chinois ont plus de 70% de leurs économies dans l’immobilier. Si le marché s’effondre, l’impact sur
le consommateur chinois sera important. Mais plus important encore, le secteur immobilier n’est qu’un exemple d’une nouvelle approche chinoise
de ce que les régulateurs considèrent comme des activités surendettées non durables. La répression réglementaire de Pékin a donc également
touché d’autres secteurs, et notamment le secteur technologique. Pékin continuera à freiner les géants de l’internet et du e-commerce comme
Alibaba Group et Tencent Holdings, ce qui explique que certains indices boursiers chinois liés à ce secteur ont baissé en 2021 de plus de 50%.
Ces pertes dans l’immobilier et dans les entreprises du secteur technologique auront sans aucun doute des répercussions sur d’autres secteurs et
activités. Même le FMI suppose une modération significative des investissements dans ces secteurs à effet de levier compte tenu de la poursuite des
politiques strictes visant à limiter les risques liés aux activités à effet de levier.
Un autre risque susceptible d’affecter la croissance mondiale est le creusement des inégalités observé en 2021, la richesse nouvellement créée étant
plus bénéfique à certains qu’à d’autres. Les années folles risquent de créer un nombre croissant de personnes souffrant de la faim et déplacées. Selon
les Nations Unies, 274 millions de personnes auront besoin d’aide humanitaire et de protection en 2022. Ce nombre représente une augmentation
significative par rapport aux 235 millions de personnes il y a un an, qui était déjà le chiffre le plus élevé depuis des décennies. À une époque où le
monde parle de durabilité, l’augmentation de la pauvreté, non seulement dans les pays sous-développés, devrait être une préoccupation majeure.
En parlant de durabilité, la « durabilité dans la finance » est devenue une priorité pour les banques et gestionnaires de fortune pour donner suite
à des réglementations de plus en plus contraignantes en la matière. L’élément de pauvreté mentionné ci-dessus devrait être sérieusement pris en
compte dans les S et G des critères ESG (critères Environnementaux, Sociaux et de bonne Gouvernance), mais trop de défis doivent déjà être
relevés par la communauté financière pour répondre au tsunami réglementaire actuel. Les exigences de déclaration des données non financières
telles que suggérées par les directives européennes supposent l’accès à ces données qui ne sont tout simplement pas disponibles ou qui diffèrent
d’une entreprise à l’autre, d’un pays à l’autre. Pour certains économistes, les “accords verts” que nous voyons émerger en politique créeront de
nouvelles opportunités économiques et soutiendront la croissance économique, à commencer par des créations d’emplois importantes. Il y a
cependant un risque que, du moins à court terme, le contraire se produise au fur et à mesure que différentes incertitudes sur les futurs besoins
de production émergent. La première région à connaître ces incertitudes est l’Europe, ses objectifs fixés dans le « Green Deal » semblant plus
ambitieux que ceux fixés par d’autres pays. La stratégie de la Commission européenne sur le changement climatique, lancée en 2020, se concentre
sur la promesse de faire de l’Europe un émetteur net de gaz à effet de serre nul d’ici 2050 et de démontrer que les économies se développeront sans
augmenter l’utilisation des ressources existantes.
En ce qui concerne finalement les politiques gouvernementales, d’énormes défis attendent les économistes et les politiques. Sur le plan fiscal et
budgétaire, personne ne semble d’accord sur l’impact des nouveaux (importants) déficits créés pendant la pandémie. De plus en plus d’économistes
s’accordent à dire que les taux d’intérêt nominaux négatifs ne sont pas soutenables à long terme car ils ont des effets indésirables sur les agrégats
d’épargne, d’investissement, de dépôt, de prêt et de réserve. Peut-être retrouverons-nous un jour le chemin des politiques monétaires traditionnelles.
Pour la même raison, l’assouplissement quantitatif par les banques centrales n’est pas durable. Si presque tout le monde consent aujourd’hui à dire
que le soutien extraordinaire des banques centrales du monde entier doit prendre fin, la vitesse à laquelle cela se produira dépendra de chaque pays.
La Réserve fédérale américaine vise cette année à augmenter les taux d’intérêt, la Banque centrale européenne probablement l’année prochaine.
Une communication claire sur ces politiques serait appréciée par les marchés. L’incertitude sur les futures politiques monétaires pèsera sur les taux.
Nous pouvons conclure, jusqu’à présent, que de nombreux économistes pensent toujours que l’inflation est temporaire et que les banques centrales
ne devraient pas trop réduire leur approche expansionniste car certains marchés du travail restent vulnérables et l’offre est toujours à risque. Mais
la plupart de ces économistes ne sont pas d’accord sur ce que signifie « temporaire ». Les pressions se sont déjà avérées plus collantes que la plupart
d’entre eux ne le pensaient.
Néanmoins, nous pouvons convenir que les problèmes de pandémie deviendront moins importants avec l’aide des vaccins, et que les dépenses de
consommation et les modèles de demande induits par la pandémie se stabiliseront quelque part dans le futur, que la production s’ajustera, que les
goulots d’étranglement s’atténueront et que les chaînes d’approvisionnement seront restaurées, que le concept de mondialisation sera redéfini, que la
technologie améliorera la productivité, que les politiques retrouveront le chemin de la soutenabilité, et que les politiques monétaires se souviendront
de la théorie monétaire à l’ancienne.
Tout cela n’est qu’une question de temps.
7
Report of the Board of Directors (continued)
Dans ce contexte, la SICAV a performé à raison de 12,03%, surperformant son indice de référence stratégique de 2,46%. Cette performance est
surtout due à la très bonne tenue des actions qui ont fait 28,18% en 2021, l’indice de référence stratégique associé à cette classe d’actifs ayant affiché
une croissance de 26,17% en fin d’année. Les obligations ont affiché un résultat négatif de -2,53%, performance dépassant néanmoins son indice
de référence stratégique de 4 points de base. Les fonds monétaires ont performé, dans un environnement de taux négatifs, à raison de -0,55% alors
que l’indice de référence stratégique respectif a clôturé l’année avec un résultat de -0,60%. Finalement, l’immobilier monde s’est montré très robuste
en 2021 avec une performance de 25,18%, correspondant à une surperformance 9,73% en comparaison avec son indice de référence stratégique.
La valeur de la SICAV s’élevait ainsi en fin d’année à 24,60 milliards d’euros, soit une augmentation de quelque 3 milliards d’euros par rapport
à l’année précédente. Cette augmentation est originaire de souscriptions nettes annuelles d’un total de 375 millions d’euros et d’une plus-value
d’environ 2,63 milliards d’euros.
Dr Yves Wagner
Administrateur
8
Independent Auditor’s Report
To the Shareholders of
Fonds de Compensation de la Sécurité Sociale SICAV-FIS
31, Z.A. Bourmicht
L-8070 Bertrange
Grand-Duchy of Luxembourg
Opinion
We have audited the financial statements of Fonds de Compensation de la Sécurité Sociale SICAV-FIS (the “Fund) and of each of its sub-funds,
which comprise the statement of net assets and the schedule of investments and other net assets as at 31 December 2021, and the statement
of operations and changes in net assets for the year then ended, and the notes to the financial statements, including a summary of significant
accounting policies.
In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Fund and of each of its sub-funds as
at 31 December 2021, and of the results of their operations and changes in their net assets for the year then ended in accordance with Luxembourg
legal and regulatory requirements relating to the preparation and presentation of the financial statements.
Basis for Opinion
We conducted our audit in accordance with the Law of 23 July 2016 on the audit profession (the “Law of 23 July 2016”) and with International
Standards on Auditing (“ISAs”) as adopted for Luxembourg by the “Commission de Surveillance du Secteur Financier” (“CSSF”). Our
responsibilities under the Law of 23 July 2016 and ISAs as adopted for Luxembourg by the CSSF are further described in the “responsibilities of
the “réviseur d’entreprises agréé” for the audit of the financial statements” section of our report. We are also independent of the Fund in accordance
with the International Code of Ethics for Professional Accountants, including International Independence Standards, issued by the International
Ethics Standards Board for Accountants (“IESBA Code”) as adopted for Luxembourg by the CSSF together with the ethical requirements that
are relevant to our audit of the financial statements, and have fulfilled our other ethical responsibilities under those ethical requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Other information
The Board of Directors of the Fund is responsible for the other information. The other information comprises the information included in the
annual report but does not include the financial statements and our report of the “réviseur d’entreprises agréé” thereon.
Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether
the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are
required to report this fact. We have nothing to report in this regard.
Responsibilities of the Board of Directors of the Fund for the financial statements
The Board of Directors of the Fund is responsible for the preparation and fair presentation of these financial statements in accordance with
Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements, and for such internal
control as the Board of Directors of the Fund determines is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Board of Directors of the Fund is responsible for assessing the Fund and each of its sub-funds’ ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the
Board of Directors of the Fund either intends to liquidate the Fund or any of its sub-funds or to cease operations, or has no realistic alternative
but to do so.
9
Independent Auditor’s Report (continued)
Responsibilities of the “réviseur d’entreprises agréé” for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether
due to fraud or error, and to issue a report of the “réviseur d’entreprises agréé” that includes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg
by the CSSF will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if,
individually or in the aggregate, they could reasonably be expected to influence the économie decisions of users taken on the basis of these financial
statements.
As part of an audit in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg by the CSSF, we exercise professional
judgment and maintain professional skepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internai control.
• Obtain an understanding of internai control relevant to the audit in order to design audit procedures that are appropriate in the circums tances,
but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internai control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimâtes and related disclosures made by the
Board of Directors of the Fund.
• Conclude on the appropriateness of the Board of Directors of the Fund’s use of the going concern basis of accounting and, based on the audit
evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Fund or any
of its sub-funds’ ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our report of the “réviseur d’entreprises agréé” to the related disclosures in the financial statements or, if such disclosures are inadéquate, to
modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our report of the “réviseur d’entreprises agréé”.
However, future events or conditions may cause the Fund or any of its sub-funds to cease to continue as a going concern.
• Evaluate the overall présentation, structure and content of the financial statements, including the disclosures, and whether the financial
statements represent the underlying transactions and events in a manner that achieves fair présentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internai control that we identify during our audit.
Ernst & Young

Société anonyme
Cabinet de révision agréé
Nadia Faber
Luxembourg, 28 April 2022
10
Statement of Net Assets as of 31 December 2021
FDC SICAV FDC SICAV FDC SICAV FDC SICAV FDC SICAV
Global Equities Global Equities Global Equities Global Equities Global Equities
- Active 1 - Active 2 - Active 3 - Indexed - Indexed 2
EUR EUR EUR EUR EUR
Assets
Securities at cost 676,784,892 753,256,077 574,596,018 1,326,526,379 1,679,952,913
Unrealised gains/(losses) 223,245,546 173,829,489 414,145,764 1,628,265,528 1,132,152,134
Securities at market value 900,030,438 927,085,566 988,741,782 2,954,791,907 2,812,105,047
Liquid assets 6,592,904 8,334,312 15,727,618 19,750,932 7,633,017
Due from brokers 141,041 – – 672,671 943,268
Dividend accruals 932,557 1,583,529 504,548 1,993,362 1,869,488
Interest accruals – – – – –
Accrued interests on swaps – – – – –
Receivable resulting from sales of securities – – – – –
Net unrealised gain on futures contracts 47,900 – – 149,962 124,672
Net unrealised gain on forward foreign exchange contracts – – – – –
Net unrealised gain on swaps contracts – – – – –
Tax reclaim 55,038 412,776 507,249 369,106 224,405
Total assets 907,799,878 937,416,183 1,005,481,197 2,977,727,940 2,822,899,897
Liabilities
Bank overdraft 796 – – – –
Due to brokers – – – – –
Payable resulting from purchases of securities – – – – –
Net unrealised loss on forward foreign exchange contracts – – – – –
Accrued expenses 450,629 759,059 694,169 208,228 118,379
Other payable – – – – –
Total liabilities 451,425 759,059 694,169 208,228 118,379
Net assets 907,348,453 936,657,124 1,004,787,028 2,977,519,712 2,822,781,518
The accompanying notes form an integral part of these financial statements.
11
Statement of Net Assets as of 31 December 2021 (continued)
Global Equities Global Equities Global Equities EMMA Equities EMMA Equities
Sustainable Impact Small Cap Small Cap - Active 1 - Indexed
- Active 1 - Active 1 - Indexed
EUR EUR EUR EUR EUR
Assets
Securities at cost 305,656,383 476,185,065 430,848,238 486,928,310 627,492,366
Unrealised gains/(losses) 141,313,783 105,963,036 153,553,350 142,640,865 229,275,790
Securities at market value 446,970,166 582,148,101 584,401,588 629,569,175 856,768,156
Liquid assets 5,248,755 26,846,951 5,534,702 3,426,307 1,854,645
Due from brokers – – 309,532 – –
Dividend accruals 159,889 395,343 603,737 1,304,216 1,440,943
Interest accruals – – – – –
Receivable resulting from sales of securities – – 47,484 133,271 12,896
Net unrealised gain on futures contracts – – 62,887 – –
Tax reclaim 18,310 112,228 45,831 45,855 77,460
Total assets 452,397,120 609,502,623 591,005,761 634,478,824 860,154,100
Liabilities
Bank overdraft – – – – 16,026
Due to brokers – – 73,342 – –
Payable resulting from purchases of securities – 3,285,868 – – 531,871
Net unrealised loss on forward foreign exchange contracts – 27,476 – – –
Total liabilities 392,991 3,780,753 176,042 514,904 646,439
Net assets 452,004,129 605,721,870 590,829,719 633,963,920 859,507,661
12
EUR Bonds EUR Bonds EUR Bonds EUR Bonds EUR Green Bonds
- Active 1 - Active 2 - Active 3 - Indexed - Active 1
EUR EUR EUR EUR EUR
Assets
Securities at cost 932,152,743 1,047,294,726 1,038,812,876 2,390,811,768 228,592,069
Unrealised gains/(losses) 4,853,576 (3,135,989) 8,101,003 73,852,115 39,535
Securities at market value 937,006,319 1,044,158,737 1,046,913,879 2,464,663,883 228,631,604
Liquid assets 4,312,645 6,902,147 40,235,662 467,394 1,178,662
Due from brokers – 1,178,885 4,141,012 – –
Dividend accruals – – – – –
Interest accruals 4,344,179 7,134,109 5,354,630 17,702,631 918,611
Receivable resulting from sales of securities – – – – –
Net unrealised gain on futures contracts 556,710 150,500 3,386,245 – 15,056
Tax reclaim 21,751 6,363 – – –
Total assets 946,241,604 1,059,530,741 1,100,031,428 2,482,833,908 230,743,933
Liabilities
Bank overdraft – – – – –
Due to brokers 82,523 – – – 2,393
Payable resulting from purchases of securities – – – – –
Total liabilities 208,979 88,399 210,006 127,818 62,753
Net assets 946,032,625 1,059,442,342 1,099,821,422 2,482,706,090 230,681,180
13
Global Bonds Global Bonds Global Bonds Global Bonds EMMA Bonds
EUR EUR EUR EUR EUR
Assets
Securities at cost 884,307,330 1,024,532,655 767,256,792 2,405,147,647 278,571,349
Unrealised gains/(losses) 16,741,640 17,018,090 5,299,983 127,989,179 (16,190,666)
Securities at market value 901,048,970 1,041,550,745 772,556,775 2,533,136,826 262,380,683
Liquid assets 29,165,763 25,278,636 18,686,447 31,126,060 5,514,877
Due from brokers 96,729 8,531,500 1,861 – 1,303,644
Dividend accruals – – – – –
Interest accruals 5,360,157 4,677,953 3,887,046 18,371,202 4,220,671
Accrued interests on swaps – – 8,655 – 122,142
Receivable resulting from sales of securities – – 232,852 8,739,310 –
Net unrealised gain on futures contracts – 579,935 1,708,247 – –
Net unrealised gain on forward foreign exchange contracts 3,759,029 3,373,763 1,010,581 1,629,296 3,114,668
Net unrealised gain on swaps contracts – – 20,449 – 1,839,749
Tax reclaim 62,978 62,181 10,254 – 256,508
Total assets 939,493,626 1,084,054,713 798,123,167 2,593,002,694 278,752,942
Liabilities
Bank overdraft – – 19,125 – –
Due to brokers 1,653,183 361,790 1,649,268 390,001 3,650,025
Payable resulting from purchases of securities – – 1,458,607 17,616,797 627,204
Accrued interests on swaps – – 8,017 – 71,044
Other payable – – 236 – –
Total liabilities 2,109,768 579,775 3,487,506 18,152,416 4,666,582
Net assets 937,383,858 1,083,474,938 794,635,661 2,574,850,278 274,086,360
14
FDC SICAV FDC SICAV FDC SICAV FDC SICAV Combined

EMMA Bonds EUR Money Market Global Real Estate Global Real Estate
- Indexed - Active 1 - Active 1 - Active 2
EUR EUR EUR EUR EUR
Assets
Securities at cost 298,618,374 171,880,856 270,641,295 369,337,167 19,446,184,288
Unrealised gains/(losses) (35,490,465) (520,928) 102,043,193 114,807,967 4,759,793,518
Securities at market value 263,127,909 171,359,928 372,684,488 484,145,134 24,205,977,806
Liquid assets 1,612,256 1,988,419 25,859,622 6,636,417 299,915,150
Due from brokers – – – – 17,320,143
Dividend accruals – – – – 10,787,612
Interest accruals 3,986,318 307,210 – – 76,264,717
Accrued interests on swaps – 47,128 – – 177,925
Receivable resulting from sales of securities – – – – 9,165,813
Net unrealised gain on futures contracts – – – – 6,782,114
Net unrealised gain on forward foreign exchange contracts 19,247 – – – 12,906,584
Net unrealised gain on swaps contracts – 815 – – 1,861,013
Tax reclaim 332,254 – – – 2,620,547
Total assets 269,077,984 173,703,500 398,544,110 490,781,551 24,643,779,424
Liabilities
Bank overdraft – – – – 35,947
Due to brokers – – – – 7,862,525
Payable resulting from purchases of securities – – 2,638,058 – 26,158,405
Net unrealised loss on forward foreign exchange contracts – – – – 27,476
Accrued interests on swaps – 44,085 – – 123,146
Accrued expenses 123,748 23,927 168,255 334,307 6,561,036
Other payable – – – – 236
Total liabilities 123,748 68,012 2,806,313 334,307 40,768,771
Net assets 268,954,236 173,635,488 395,737,797 490,447,244 24,603,010,653
15
Statement of Operations and Changes in Net Assets for the year ended 31 December 2021
EUR EUR EUR EUR EUR
Net assets at the beginning of the year 794,860,549 951,001,096 1,244,270,821 2,260,682,737 2,144,736,057
Income
Dividends, net 16,241,245 29,924,207 9,723,248 45,034,589 42,547,074
Interest on securities, net – – – – –
Interest on bank accounts – 2,373 3,914 6,905 443
Interest received on swaps – – – – –
Other income – – – 99 306
Total Income 16,241,245 29,926,580 9,727,162 45,041,593 42,547,823
Expenses
Management fees 1,677,817 3,152,406 3,122,944 637,258 323,350
Custodian & administration fees 160,424 186,009 194,354 419,650 395,203
Professional fees 21,485 32,001 25,118 41,106 27,274
Interest paid on swaps – – – – –
Interest expenses 17,083 64,627 141,452 20,279 9,561
Other charges 23,772 23,755 23,750 20,904 20,774
Total Expenses 1,900,581 3,458,798 3,507,618 1,139,197 776,162
Net operational income/(loss) 14,340,664 26,467,782 6,219,544 43,902,396 41,771,661
Net profit/(loss) on:
Net realised gain/(loss) on sales of securities 98,473,802 152,757,764 292,264,648 23,463,757 11,360,497
Net realised gain/(loss) on futures contracts 1,723,189 – – 1,907,177 2,440,413
Net realised gain/(loss) on forward foreign exchange contracts – 254,171 53,789 – (6,826)
Net realised gain/(loss) on foreign exchange 291,221 (200,733) 930,852 594,529 605,728
Net realised loss on swap contracts – – – – –
Net realised gain on options contracts – – – – –
Variation of unrealised capital gain/(loss) on:
Net change in unrealised gain/(loss) on securities 147,772,413 106,377,044 61,047,374 647,040,229 621,995,699
Net change in unrealised gain/(loss) on futures contracts (113,385) – – (71,113) (121,777)
Net change in unrealised gain/(loss) on forward foreign
exchange contracts – – – – 66
Net change in unrealised gain/(loss) on swap contracts – – – – –
Net change in unrealised gain on options – – – – –
Capital gain/(loss) on investments 248,147,240 259,188,246 354,296,663 672,934,579 636,273,800
Increase/(decrease) of net assets resulting from operations 262,487,904 285,656,028 360,516,207 716,836,975 678,045,461
Capital Movements
Subscriptions – – – – –
Redemptions (150,000,000) (300,000,000) (600,000,000) – –
Net payments from subscription and redemption activity (150,000,000) (300,000,000) (600,000,000) – –
Net assets at the end of the year 907,348,453 936,657,124 1,004,787,028 2,977,519,712 2,822,781,518
16
(continued)
EUR EUR EUR EUR EUR
Net assets at the beginning of the year 343,120,161 506,174,081 472,351,070 570,999,005 819,941,520
Income
Dividends, net 7,011,056 6,837,322 8,888,418 16,589,511 18,611,174
Interest on securities, net – – – – –
Interest on bank accounts – 844 2,379 5,092 4,177
Other income 122,749 – 2,659 – –
Total Income 7,133,805 6,838,166 8,893,456 16,594,603 18,615,351
Expenses
Management fees 1,396,970 1,738,448 346,706 2,034,746 168,734
Other charges 23,743 20,750 20,774 20,751 20,749
Total Expenses 1,550,804 2,032,139 520,335 2,523,898 740,008
Net realised gain/(loss) on sales of securities 26,970,323 100,726,757 28,157,329 7,834,691 5,256,436
Net realised gain/(loss) on futures contracts – – 568,141 – –
Net realised gain/(loss) on forward foreign
exchange contracts – (12,377) (1,871) (614) 84,426
Net realised gain/(loss) on foreign exchange (18,029) (909,938) 288,947 (28,229) (467,742)
Net change in unrealised gain/(loss) on securities 76,348,673 (5,037,872) 81,127,260 41,088,362 16,818,076
Net change in unrealised gain/(loss) on futures contracts – – (34,278) – –
exchange contracts – (24,808) – – (398)
Capital gain/(loss) on investments 103,300,967 94,741,762 110,105,528 48,894,210 21,690,798
Increase/(decrease) of net assets resulting from operations 108,883,968 99,547,789 118,478,649 62,964,915 39,566,141
Capital Movements
Subscriptions – – – – –
Redemptions – – – – –
Net payments from subscription and redemption activity – – – – –
Net assets at the end of the year 452,004,129 605,721,870 590,829,719 633,963,920 859,507,661
17
(continued)
EUR EUR EUR EUR EUR
Net assets at the beginning of the year 946,044,253 935,480,542 979,641,494 2,255,347,389 109,264,492
Income
Dividends, net – – – – –
Interest on securities, net 9,525,384 15,598,603 12,463,905 35,244,104 1,417,686
Interest on bank accounts 93 – 295 9 –
Other income – – – – –
Total Income 9,525,477 15,598,603 12,464,200 35,244,113 1,417,686
Expenses
Management fees 440,671 278,394 786,885 374,051 117,268
Other charges 24,206 23,649 23,649 20,650 23,687
Total Expenses 721,892 668,935 1,262,246 835,051 209,321
Net realised gain/(loss) on sales of securities 11,148,810 (2,421,156) 3,648,124 (4,067,655) 598,827
Net realised gain/(loss) on futures contracts (784,836) (301,150) (1,765,307) – 5,383
exchange contracts – – – – –
Net realised gain/(loss) on foreign exchange 2 – (4) (3) (42)
Net realised gain on options contracts 3,807 – – – –
Net change in unrealised gain/(loss) on securities (44,867,806) (38,396,062) (46,303,769) (102,982,703) (5,410,551)
Net change in unrealised gain/(loss) on futures contracts 636,990 150,500 3,398,930 – 14,706
exchange contracts – – – – –
Net change in unrealised gain on options 47,820 – – – –
Capital gain/(loss) on investments (33,815,213) (40,967,868) (41,022,026) (107,050,361) (4,791,677)
Increase/(decrease) of net assets resulting from operations (25,011,628) (26,038,200) (29,820,072) (72,641,299) (3,583,312)
Capital Movements
Subscriptions 25,000,000 150,000,000 150,000,000 300,000,000 125,000,000
Net payments from subscription and redemption activity 25,000,000 150,000,000 150,000,000 300,000,000 125,000,000
Net assets at the end of the year 946,032,625 1,059,442,342 1,099,821,422 2,482,706,090 230,681,180
18
(continued)
EUR EUR EUR EUR EUR
Net assets at the beginning of the year 844,083,178 839,198,322 815,709,199 2,333,472,903 275,680,532
Income
Dividends, net – – – – –
Interest on securities, net 17,045,598 16,344,837 14,662,041 53,401,649 13,651,528
Interest on bank accounts 1,222 126 261 1,562 4,739
Interest received on swaps – – 491,493 – 1,066,144
Other income – – – – –
Total Income 17,046,820 16,344,963 15,153,795 53,403,211 14,722,411
Expenses
Management fees 1,726,160 738,955 1,350,377 441,457 1,227,318
Interest paid on swaps – – 425,248 – 775,557
Other charges 30,092 23,649 23,651 20,679 20,651
Total Expenses 1,988,906 1,052,308 2,068,255 992,488 2,263,623
Net realised gain/(loss) on sales of securities 4,439,899 3,385,083 (6,440,830) (5,224,160) (7,365,435)
Net realised gain/(loss) on futures contracts – 3,193,669 (298,739) – –
exchange contracts (42,792,949) (44,539,665) (21,426,549) (97,372,354) (4,302,903)
Net realised gain/(loss) on foreign exchange 820,914 6,705,060 (593,788) 8,022,856 12,083,008
Net realised loss on swap contracts – – (137,149) – (10,393,055)
Net change in unrealised gain/(loss) on securities 285,065 (855,674) 3,612,926 2,389,124 (8,793,354)
Net change in unrealised gain/(loss) on futures contracts – 522,751 1,935,448 – –
exchange contracts 2,989,837 (1,927,263) (10,498,482) (18,848,814) 2,989,078
Net change in unrealised gain/(loss) on swap contracts – – (311,915) – 1,729,701
Capital gain/(loss) on investments (34,257,234) (33,516,039) (34,159,078) (111,033,348) (14,052,960)
Increase/(decrease) of net assets resulting from operations (19,199,320) (18,223,384) (21,073,538) (58,622,625) (1,594,172)
Capital Movements
Subscriptions 112,500,000 262,500,000 – 300,000,000 –
Net payments from subscription and redemption activity 112,500,000 262,500,000 – 300,000,000 –
Net assets at the end of the year 937,383,858 1,083,474,938 794,635,661 2,574,850,278 274,086,360
19
(continued)
FDC SICAV FDC SICAV FDC SICAV FDC SICAV Combined

EUR EUR EUR EUR EUR
Net assets at the beginning of the year 275,439,117 174,589,674 314,297,566 393,674,043 21,600,059,801
Income
Dividends, net – 99 9,072,126 11,484,774 221,964,843
Interest on securities, net 13,816,877 259,468 – – 203,431,680
Interest on bank accounts 1,430 – – – 35,864
Interest received on swaps – 97,339 – – 1,654,976
Other income – – – – 125,813
Total Income 13,818,307 356,906 9,072,126 11,484,774 427,213,176
Expenses
Management fees 458,445 69,605 577,551 1,048,196 24,234,712
Custodian & administration fees 153,635 49,664 73,160 94,692 5,289,857
Interest paid on swaps – 94,729 – – 1,295,534
Interest expenses 3,489 419,357 191,309 167,760 1,863,148
Other charges 23,528 23,651 96,441 121,563 719,468
Total Expenses 651,313 671,378 955,812 1,546,639 34,037,707
Net operational income/(loss) 13,166,994 (314,472) 8,116,314 9,938,135 393,175,469
Net realised gain/(loss) on sales of securities (4,303,790) (315,048) (968,255) (540,507) 738,839,911
Net realised gain/(loss) on futures contracts – – – – 6,687,940
“Net realised gain/(loss) on forward foreign
exchange contracts” 454,768 – – – (209,608,954)
Net realised gain/(loss) on foreign exchange (114,861) 4 13,009 53,319 28,076,080
Net realised loss on swap contracts – – – – (10,530,204)
Net realised gain on options contracts – – – – 3,807
Net change in unrealised gain/(loss) on securities (15,550,202) (325,499) 74,279,163 87,322,254 1,698,980,170
Net change in unrealised gain/(loss) on futures contracts – – – – 6,318,772
exchange contracts (137,790) – – – (25,458,574)
Net change in unrealised gain/(loss) on swap contracts – 829 – – 1,418,615
Net change in unrealised gain on options – – – – 47,820
Capital gain/(loss) on investments (19,651,875) (639,714) 73,323,917 86,835,066 2,234,775,383
Increase/(decrease) of net assets resulting from operations (6,484,881) (954,186) 81,440,231 96,773,201 2,627,950,852
Capital Movements
Subscriptions – – – – 1,425,000,000
Redemptions – – – – (1,050,000,000)
Net payments from subscription and redemption activity – – – – 375,000,000
Net assets at the end of the year 268,954,236 173,635,488 395,737,797 490,447,244 24,603,010,653
20
Statement of Share Statistics as of 31 December 2021
EUR EUR EUR EUR EUR
Net assets
as of 31 December 2021 907,348,453 936,657,124 1,004,787,028 2,977,519,712 2,822,781,518
as of 31 December 2020 794,860,549 951,001,096 1,244,270,821 2,260,682,737 2,144,736,057
as of 31 December 2019 817,257,017 992,688,979 1,008,137,806 2,106,219,848 1,993,666,584
Net asset value per share

as of 31 December 2021 144.65 268.94 401.85 362.42 185.79
as of 31 December 2020 105.98 201.25 294.62 275.17 141.16
as of 31 December 2019 108.97 210.07 238.71 256.37 131.22
Shares outstanding
as of 31 December 2021 6,272,618.69 3,482,793.54 2,500,433.89 8,215,583.92 15,193,397.09
as of 31 December 2020 7,500,000.00 4,725,437.34 4,223,253.42 8,215,583.92 15,193,397.09
as of 31 December 2019 7,500,000.00 4,725,437.34 4,223,253.42 8,215,583.92 15,193,397.09
EUR EUR EUR EUR EUR
Net assets
as of 31 December 2021 452,004,129 605,721,870 590,829,719 633,963,920 859,507,661
as of 31 December 2020 343,120,161 506,174,081 472,351,070 570,999,005 819,941,520
as of 31 December 2019 232,497,753 415,582,753 444,262,826 503,989,419 757,403,078

as of 31 December 2021 179.12 261.93 263.11 168.81 186.28
as of 31 December 2020 135.97 218.88 210.35 152.04 177.70
as of 31 December 2019 116.25 179.71 197.84 149.52 164.15
Shares outstanding
as of 31 December 2021 2,523,521.05 2,312,511.88 2,245,563.81 3,755,548.01 4,614,144.43
as of 31 December 2020 2,523,521.05 2,312,511.88 2,245,563.81 3,755,548.01 4,614,144.43
as of 31 December 2019 2,000,000.00 2,312,511.88 2,245,563.81 3,370,814.25 4,614,144.43
21
Statement of Share Statistics as of 31 December 2021 (continued)
EUR EUR EUR EUR EUR
Net assets
as of 31 December 2021 946,032,625 1,059,442,342 1,099,821,422 2,482,706,090 230,681,180
as of 31 December 2020 946,044,253 935,480,542 979,641,494 2,255,347,389 109,264,492
as of 31 December 2019 908,166,604 898,055,463 932,401,935 1,901,518,290 103,589,927

as of 31 December 2021 174.88 174.16 181.65 145.30 106.33
as of 31 December 2020 179.62 179.02 187.19 149.72 109.26
as of 31 December 2019 172.43 171.86 178.17 143.78 103.59
Shares outstanding
as of 31 December 2021 5,409,704.14 6,083,315.79 6,054,688.28 17,086,409.63 2,169,449.70
as of 31 December 2020 5,266,985.64 5,225,566.92 5,233,316.86 15,063,755.90 1,000,000.00
as of 31 December 2019 5,266,985.64 5,225,566.92 5,233,316.86 13,224,755.76 1,000,000.00
EUR EUR EUR EUR EUR
Net assets
as of 31 December 2021 937,383,858 1,083,474,938 794,635,661 2,574,850,278 274,086,360
as of 31 December 2020 844,083,178 839,198,322 815,709,199 2,333,472,903 275,680,532
as of 31 December 2019 732,502,111 747,850,843 786,534,951 2,234,071,848 289,069,562

as of 31 December 2021 166.54 187.41 119.54 132.58 116.65
as of 31 December 2020 170.34 191.51 122.71 135.73 117.33
as of 31 December 2019 157.29 181.57 118.32 129.95 123.03
Shares outstanding
as of 31 December 2021 5,628,529.19 5,781,359.95 6,647,320.88 19,421,563.09 2,349,580.60
as of 31 December 2020 4,955,319.93 4,381,951.81 6,647,320.88 17,191,742.96 2,349,580.60
as of 31 December 2019 4,656,883.74 4,118,793.92 6,647,320.88 17,191,742.96 2,349,580.60
22
Statement of Share Statistics as of 31 December 2021 (continued)
FDC SICAV FDC SICAV FDC SICAV FDC SICAV

EUR EUR EUR EUR
Net assets
as of 31 December 2021 268,954,236 173,635,488 395,737,797 490,447,244
as of 31 December 2020 275,439,117 174,589,674 314,297,566 393,674,043
as of 31 December 2019 292,636,874 175,170,819 310,463,841 399,862,781

as of 31 December 2021 114.12 109.56 34.18 153.83
as of 31 December 2020 116.87 110.16 27.15 123.48
as of 31 December 2019 124.17 110.53 26.81 125.42
Shares outstanding
as of 31 December 2021 2,356,716.34 1,584,808.09 11,578,426.89 3,188,204.58
as of 31 December 2020 2,356,716.34 1,584,808.09 11,578,426.89 3,188,204.58
as of 31 December 2019 2,356,716.34 1,584,808.09 11,578,426.89 3,188,204.58
23
Notes to the Financial Statements
1. Organisation
Fonds de Compensation de la Sécurité Sociale, SICAV-FIS (the “Company”) was incorporated on 16 July 2007 under the laws of the Grand Duchy
of Luxembourg as a Société d’Investissement à Capital Variable (“SICAV”) with multiple Sub-Funds for an unlimited period.
The Company has been created under the law of 13 February 2007 on Specialized Investment Funds, as amended, by the Fonds de compensation
commun au régime général de pension, a public institution created by the modified law of 6 May 2004 for the administration of general pension assets.
The Company’s articles of incorporation have been deposited with the Register and have been published in the Recueil électronique des Sociétés et
Associations (“Mémorial C – No 1623”) on 2 August 2007. They have been amended on 7 May 2020. The Company has been registered under
number B129879 at the Luxembourg Trade and Companies Register.
The Company is exempt from the scope of the Luxembourg Alternative Investment Fund Managers law of 12 July 2013, as amended, pursuant to
Article 2 Paragraph (2) e) and Paragraph 1 (39) of that law.
As of 31 December 2021, the Company has issued shares in the following twenty-four Sub-Funds:
Equity Sub-Funds
FDC SICAV Global Equities - Indexed
FDC SICAV EMMA Equities - Active 1
FDC SICAV EMMA Equities - Indexed
Bond Sub-Funds
FDC SICAV EUR Bonds - Active 1
FDC SICAV EUR Bonds - Indexed
FDC SICAV EUR Green Bonds - Active 1
FDC SICAV Global Bonds - Active 1
FDC SICAV Global Bonds - Indexed
FDC SICAV EMMA Bonds - Active 1
FDC SICAV EMMA Bonds - Indexed
Money Market Sub-Fund

FDC SICAV EUR Money Market - Active 1
Real Estate Sub-Funds

FDC SICAV Global Real Estate - Active 1
The Company may create further Sub-Funds at the discretion of the Board of Directors. The Company’s shares are limited to one unique
shareholder, the Fonds de compensation commun au régime général de pension.
The Company as a whole constitutes a single legal entity. In relation to third parties, the segregation of liabilities of the different Sub-Funds is
ensured.
24
as of 31 December 2021 (continued)
2. Significant Accounting Policies
a) General
These financial statements are prepared in accordance with Luxembourg legal and regulatory requirements relating to undertakings for collective
investment in transferable securities and generally accounting principles.
b) Foreign currency translation

The financial statements and accounting records of each Sub-Fund are expressed in EUR. Transactions in currencies other than the Sub-Funds’
currency are translated into EUR based on the exchange rate in effect at the date of the transaction.
Assets and liabilities denominated in other currencies are translated at the rate of exchange at each balance sheet date. Any resulting gains or losses
are recognised in the Statement of Operations and Changes in Net Assets under the heading “Net realised gain/(loss) on foreign exchange”.
Exchange rates used as of 31 December 2021 are as follows:
Currency Exchange Rate Currency Exchange Rate

1 EUR= AED 4.176997 KWD 0.343719
ARS 116.779626 MXN 23.272757
AUD 1.564129 MYR 4.737583
BRL 6.334212 NGN 470.500621
CAD 1.436453 NOK 10.028130
CHF 1.036160 NZD 1.660995
CLP 968.654174 PEN 4.538289
CNH 7.231521 PHP 57.987864
COP 4,622.764228 PKR 200.705965
CZK 24.849769 PLN 4.583377
DKK 7.437590 QAR 4.140543
DOP 65.116812 RON 4.948759
EGP 17.865334 RSD 117.576510
FRF 6.559570 RUB 85.298530
GBP 0.839603 SAR 4.269506
HKD 8.865950 SEK 10.296062
HUF 368.565021 SGD 1.533117
IDR 16,208.665906 THB 37.987707
ILS 3.539426 TRY 15.101656
INR 84.537615 TWD 31.463037
JPY 130.954232 USD 1.137200
KRW 1,351.846128 UYU 50.833669
ZAR 18.149608
c) Investment Securities
Listed securities and securities dealt in on another regulated market are valued on the basis of their last available market price.
Securities which are neither listed on any stock exchange nor dealt in on another regulated market are valued at their last available market price; if
there is no such market price, they are valued in good faith on the basis of their reasonably foreseeable sale prices.
The value of any cash at hand or on deposit, bills and accounts receivable, prepaid expenses, dividends and interests declared or due but not yet
collected will be deemed to be the full value thereof, unless it is unlikely that such values are received in full, in which case the value thereof will be
determined by deducting such amount to reflect the true value thereof.
25
2. Significant Accounting Policies (continued)
c) Investment Securities (continued)

Money market instruments which are neither listed on any stock exchange nor dealt in on another regulated market and maturing within one year
from the date of purchase are valued at amortised cost, which approximates market value.
Shares or units of investment funds are valued on the basis of their last available NAV per share or unit.
Any difference arising between the cost of securities held at the balance sheet date and their market value at that date is recognised in the
Statement of Net Assets under the heading “Unrealised gains/(losses)”.
The net movement in the balance of the “Unrealised gains/(losses)” of securities at the beginning and at the end of the year is recognised in the
Statement of Operations and Changes in Net Assets under the heading “Net change in unrealised gain/(loss) on securities”. Security transactions
are accounted for on the date the securities are purchased or sold. Purchases of securities are recorded at cost.
As of 31 December 2021 none of the Sub-Funds own collateralized financial instruments (ABS, MBS, CDO).
d) Interest Income
Interest income is recognised on an accrual basis, net of any unrecoverable withholding tax.
e) Dividend Income
Dividends are accounted for on an ex-dividend basis net of any unrecoverable withholding tax.
f ) Realised Gains and Losses

Realised gains and losses comprise the profit or loss arising on the disposal of securities during the year and differences arising on the revaluation
of other assets and liabilities denominated in foreign currency.
Realised gains or losses are determined on the basis of the weighted average cost of the securities sold.
g) Derivatives Valuation
Forward foreign exchange contracts
Outstanding forward foreign exchange contracts are valued at the closing date by reference to the forward exchange rate applicable to the
outstanding life of the contract.
The net unrealised gain or loss on outstanding forward foreign exchange contracts is calculated as the difference between the contract rate and the
rate to close out the contract on any valuation day.
The net unrealised gain or loss on such contracts is disclosed in the Statement of Net Assets under the heading “Net unrealised gain on forward
foreign exchange contracts” or “Net unrealised loss on forward foreign exchange contracts”.
The net realised gain or loss on forward foreign exchange contracts is disclosed in the Statement of Operations and Changes in Net Assets under
the heading “Net realised gain/(loss) on forward foreign exchange contracts”.
Futures contracts
Outstanding futures contracts are valued at the closing date at the last available market price of the instruments.
The net unrealised gain or loss on outstanding futures contracts is included in the Statement of Net Assets under the heading “Net unrealised gain
on futures contracts” or “Net unrealised loss on futures contracts”.
The net realised gain or loss on futures contracts is disclosed in the Statement of Operations and Changes in Net Assets under the heading “Net
realised gain/(loss) on futures contracts”.
Swap contracts
Outstanding interest rate swap contracts, if any, are valued at the closing date at their market value determined based on the interests rates curves
available at the valuation date.
Outstanding cross currency swaps, if any, are valued at the closing date at their market value, which is determined on the basis of valuations
elements laid down in the contract.
The net unrealised gain or loss on outstanding swap contracts is included in the Statement of Net Assets under the heading “Net unrealised gain
on swap contracts” or “Net unrealised loss on swap contracts”.
26
2. Significant Accounting Policies (continued)
g) Derivatives Valuation (continued)

Swap contracts (continued)
The net realised gain or loss on swap contracts is disclosed in the Statement of Operations and Changes in Net Assets under the heading “Net
realised gain/(loss) on swap contracts”.
Interest received or paid on swap contracts, if any, are disclosed in the Statement of Operations and Changes in Net Assets under the heading
“Interest received on swaps” and/or “Interest paid on swaps”.
Options contracts
Outstanding options contracts, if any, are valued at the closing date at the last available market price of the instruments.
The market value of options contracts is included in the Statement of Net Assets under the heading “Options at market value”.
The net realised gain or loss on options contracts is disclosed in the Statement of Operations and Changes in Net Assets under the heading “Net
realised gain/(loss) on options contracts”.
The net movement in the balance of the “Options at market value” at the beginning and at the end of the year is recognised in the Statement of
Operations and Changes in Net Assets under the heading “Net change in unrealised gain/(loss) on options contracts”.
h) Margin Cash and Cash Collateral

Margin cash and cash collateral paid or received on swap contracts, futures contracts and/or options contracts to cover any exposure by the
counterparties to the respective Sub-Fund or by the Sub-Fund to the counterparties are shown under “Due to brokers” and “Due from brokers” in
the Statement of Net Assets.
i) Combined Figures
The combined Statement of Net Assets and the combined Statement of Operations and Changes in Net Assets are expressed in EUR and are the
sum of all Sub-Funds.
3. Custodian and Administration Fees
The Custodian Bank charges a custody fee to each Sub-Fund based on the average net assets of the respective Sub-Fund during the year.
The Administrative Agent charges an administration fee to each Sub-Fund based on the average net assets of the respective Sub-Fund during the
year.
4. Management Fees
A management fee is charged and is allocated to the Investment Managers. The fee is accrued daily based on the net assets attributable to each
Sub-Fund and based on the rates as disclosed in the relevant Investment Management Agreement. The fee is paid quarterly in arrears. The rates set
out below represent the effective ratio of the management fees compared to the yearly average net assets attributable to each Sub-Fund.
Average applicable rates for the year ended 31 December 2021 are as follows:
Sub-Funds %
FDC SICAV Global Equities - Active 1 0.20%
FDC SICAV Global Equities - Indexed 0.02%
FDC SICAV Global Equities - Indexed 2 0.01%
FDC SICAV Global Equities Sustainable Impact - Active 1 0.35%
FDC SICAV Global Equities Small Cap - Active 1 0.30%
FDC SICAV Global Equities Small Cap - Indexed 0.06%
27
4. Management Fees (continued)
Sub-Funds %
FDC SICAV EMMA Equities - Active 1 0.32%
FDC SICAV EMMA Equities - Indexed 0.02%
FDC SICAV EUR Bonds - Active 1 0.05%
FDC SICAV EUR Bonds - Indexed 0.02%
FDC SICAV EUR Green Bonds - Active 1 0.07%
FDC SICAV Global Bonds - Active 1 0.19%
FDC SICAV Global Bonds - Indexed 0.02%
FDC SICAV EMMA Bonds - Active 1 0.45%
FDC SICAV EMMA Bonds - Indexed 0.17%
FDC SICAV EUR Money Market - Active 1 0.04%
FDC SICAV Global Real Estate - Active 1 0.17%
FDC SICAV Global Real Estate - Active 2 0.25%
5. Taxation
The Company is not liable to any tax on income or capital gains and is exempt from the taxe d’abonnement as provided by the article 267,
paragraph 1 of the Code de la Sécurité Sociale in Luxembourg.
6. Other Charges
The other charges include compliance fees, supervisory fees, bank charges, CSSF fees, legal fees, brokerage FTT, reporting and performance fees,
research fees, UK tax reporting, monthly and financial reporting fees, publication/printing fees, registration fees and VAT.
In the Sub-Funds listed below other charges represent more than 10% of total expenses:
In the Sub-Fund FDC SICAV EUR Green Bonds – Active 1 the other charges are mainly composed of research fees, supervisory fees, publication/
printing fees, reporting and performance fees and monthly and financial reporting fees.
In the Sub Funds FDC SICAV Global Real Estate - Active 1 the other charges are mainly composed of UK tax reporting.
7. Forward Foreign Exchange Contracts
As of 31 December 2021, the Sub-Funds had the following outstanding forward foreign exchange contracts:
Maturity Date Currency Amount purchased Currency Amount sold Unrealised Gain/(Loss)
(in Sub-Fund Ccy)
4-Jan-22 JPY 179,628,188 EUR 1,384,717 (13,093)
4-Jan-22 JPY 133,610,803 EUR 1,029,978 (9,738)
5-Jan-22 JPY 90,235,630 EUR 692,566 (3,544)
5-Jan-22 JPY 23,195,541 EUR 178,063 (947)
5-Jan-22 JPY 3,628,168 EUR 27,858 (154)
Total Unrealised Loss on Forward Foreign Exchange Contracts (27,476)
28
7. Forward Foreign Exchange Contracts (continued)
(in Sub-Fund Ccy)
16-Mar-22 EUR 149,924,670 JPY 19,209,908,000 3,367,802
16-Mar-22 EUR 15,034,103 AUD 23,995,000 (286,691)
16-Mar-22 EUR 6,018,692 KRW 8,050,000,000 93,925
16-Mar-22 EUR 13,085,432 NOK 135,860,000 (423,896)
16-Mar-22 EUR 5,474,187 DKK 40,710,000 194
16-Mar-22 EUR 76,615,385 GBP 65,487,000 (1,238,405)
16-Mar-22 EUR 77,980,965 CNH 566,173,000 189,013
16-Mar-22 EUR 965,738 SEK 9,915,000 3,628
16-Mar-22 EUR 382,408,547 USD 432,649,000 2,546,588
16-Mar-22 EUR 33,918,114 CAD 48,425,000 265,847
16-Mar-22 EUR 1,865,386 CNH 13,507,000 9,562
16-Mar-22 GBP 2,006,000 EUR 2,346,443 38,306
16-Mar-22 JPY 526,260,000 EUR 4,102,055 (87,013)
16-Mar-22 USD 7,851,554 MXN 167,191,000 (187,338)
16-Mar-22 USD 31,720,110 AUD 44,330,000 (454,315)
16-Mar-22 USD 12,740,000 EUR 11,263,900 (78,178)
Total Unrealised Gain on Forward Foreign Exchange Contracts, Net 3,759,029
(in Sub-Fund Ccy)
12-Jan-22 EUR 13,787,562 AUD 22,000,000 (274,953)
12-Jan-22 EUR 1,931,249 MXN 47,000,000 (83,793)
12-Jan-22 EUR 4,743,450 PLN 21,900,000 (29,989)
12-Jan-22 EUR 1,689,637 SEK 17,300,000 9,617
12-Jan-22 EUR 5,183,118 CHF 5,400,000 (28,803)
12-Jan-22 EUR 1,202,280 NZD 2,000,000 (1,358)
12-Jan-22 EUR 1,570,313 NOK 16,200,000 (44,398)
12-Jan-22 EUR 30,515,464 CAD 44,400,000 (386,294)
12-Jan-22 EUR 84,962,275 JPY 10,864,500,000 2,011,131
12-Jan-22 EUR 241,870,967 USD 274,220,000 793,121
12-Jan-22 EUR 241,724,493 USD 274,220,000 646,611
12-Jan-22 EUR 84,913,070 JPY 10,864,500,000 1,961,918
12-Jan-22 EUR 65,036,368 GBP 55,437,000 (974,002)
12-Jan-22 JPY 1,400,000,000 EUR 10,914,171 (225,045)
29
(in Sub-Fund Ccy)
11-Jan-22 USD 1,567,183 ILS 4,950,000 (20,472)
11-Jan-22 USD 772,027 HUF 252,700,000 (6,003)
11-Jan-22 USD 718,345 CZK 16,320,000 (24,419)
11-Jan-22 USD 1,208,054 PLN 5,040,000 (36,605)
11-Jan-22 JPY 383,275,000 USD 3,389,432 (53,488)
11-Jan-22 USD 3,709,941 MYR 15,640,000 (44,206)
11-Jan-22 USD 286,229 MYR 1,207,000 (3,483)
11-Jan-22 USD 1,874,400 RUB 141,520,000 (9,742)
11-Jan-22 USD 13,146,265 KRW 15,647,079,000 6,806
11-Jan-22 EUR 562,848,000 USD 639,682,943 464,751
11-Jan-22 USD 1,858,487 SGD 2,540,000 (22,382)
11-Jan-22 GBP 333,000 USD 444,424 5,801
11-Jan-22 USD 59,871,805 GBP 44,861,000 (781,574)
11-Jan-22 USD 1,268,253 DKK 8,290,000 371
11-Jan-22 CNH 10,073,000 USD 1,575,543 6,603
11-Jan-22 CNH 16,616,000 USD 2,599,126 10,738
11-Jan-22 USD 687,990 CNH 4,398,000 (2,808)
11-Jan-22 USD 61,431,666 CNH 392,748,000 (256,776)
11-Jan-22 CNH 11,201,000 USD 1,752,033 7,294
11-Jan-22 USD 2,895,604 CHF 2,655,000 (16,814)
11-Jan-22 USD 10,473,387 CNH 66,959,000 (43,780)
11-Jan-22 USD 478,652 CNH 3,060,000 (1,981)
11-Jan-22 USD 3,825,354 CNH 24,455,000 (15,790)
11-Jan-22 USD 918,287 COP 3,698,400,000 10,753
11-Jan-22 USD 134,105,952 JPY 15,104,340,000 2,576,472
11-Jan-22 USD 1,141,965 NOK 10,338,000 (26,498)
11-Jan-22 USD 7,114,068 CNH 45,483,000 (29,872)
11-Jan-22 EUR 1,524,000 USD 1,718,144 13,481
11-Jan-22 PLN 460,000 USD 110,933 2,746
11-Jan-22 USD 760,026 GBP 574,000 (15,310)
11-Jan-22 USD 937,952 CNH 6,000,000 (4,396)
11-Jan-22 USD 36,704,872 CAD 46,996,000 (439,830)
11-Jan-22 USD 1,120,473 SEK 10,153,000 (903)
11-Jan-22 USD 3,137,707 THB 106,180,000 (35,687)
11-Jan-22 CAD 395,000 USD 309,234 3,054
11-Jan-22 USD 15,321,803 AUD 21,398,000 (207,632)
11-Jan-22 EUR 1,453,000 USD 1,650,808 1,677
11-Jan-22 USD 3,864,505 MXN 82,370,000 (134,588)
11-Jan-22 USD 1,762,405 NZD 2,574,000 301
11-Jan-22 USD 2,515,840 EUR 2,219,000 (7,175)
11-Jan-22 EUR 206,000 USD 233,100 1,068
30
FDC SICAV Global Bonds - Active 3 (continued)
(in Sub-Fund Ccy)
11-Jan-22 EUR 201,000 USD 227,851 683
11-Jan-22 EUR 402,000 USD 454,071 2,800
11-Jan-22 EUR 3,061,000 USD 3,446,865 30,663
11-Jan-22 EUR 828,000 USD 940,517 1,136
11-Jan-22 USD 560,941 EUR 494,000 (843)
11-Jan-22 AUD 478,000 USD 343,101 3,905
11-Jan-22 CNH 10,586,000 USD 1,666,168 (2,193)
11-Jan-22 USD 1,030,736 EUR 910,000 (3,819)
11-Jan-22 AUD 191,000 USD 136,655 1,949
11-Jan-22 EUR 1,483,000 USD 1,675,442 10,022
11-Jan-22 AUD 475,000 USD 339,941 4,766
11-Jan-22 NZD 331,000 USD 224,965 1,429
11-Jan-22 EUR 1,512,000 USD 1,713,305 5,733
11-Jan-22 AUD 558,000 USD 399,740 5,247
11-Jan-22 NZD 165,000 USD 112,041 802
11-Jan-22 USD 1,236,237 EUR 1,093,000 (6,151)
11-Jan-22 EUR 398,000 USD 450,158 2,240
11-Jan-22 NZD 173,000 USD 116,789 1,442
11-Jan-22 USD 2,775,784 CNH 17,712,000 (6,862)
11-Jan-22 EUR 878,000 USD 989,413 8,150
11-Jan-22 NZD 466,000 USD 313,930 4,463
11-Jan-22 USD 1,805,464 EUR 1,597,000 (9,709)
11-Jan-22 EUR 95,000 USD 107,639 369
11-Jan-22 CAD 5,268,000 USD 4,090,262 70,545
11-Jan-22 AUD 392,000 USD 279,197 5,114
11-Jan-22 AUD 179,000 USD 127,352 2,457
11-Jan-22 AUD 266,000 USD 189,146 3,742
11-Jan-22 AUD 241,000 USD 172,241 2,624
11-Jan-22 AUD 241,000 USD 172,328 2,547
11-Jan-22 AUD 97,000 USD 70,100 375
4-Jan-22 USD 70,228 AUD 97,180 (375)
11-Jan-22 EUR 989,000 USD 1,123,080 1,634
11-Jan-22 AUD 267,000 USD 193,712 367
4-Jan-22 USD 193,731 AUD 267,031 (366)
11-Jan-22 USD 557,668 JPY 64,231,000 (137)
4-Jan-22 JPY 64,231,022 USD 557,639 134
4-Feb-22 USD 1,884,697 RUB 141,520,000 6,068
11-Jan-22 RUB 141,520,000 USD 1,895,019 (8,396)
5-Jan-22 CNH 4,676,280 USD 735,588 (325)
11-Jan-22 USD 720,508 CNH 4,593,000 (1,161)
4-Feb-22 USD 2,052,813 EUR 1,804,000 (135)
31
(in Sub-Fund Ccy)
4-Feb-22 GBP 737,000 USD 998,198 (62)
4-Feb-22 USD 365,548 CAD 462,000 (165)
5-Jan-22 CAD 461,777 USD 365,379 172
(in Sub-Fund Ccy)
5-Jan-22 USD 249,076,435 CNH 1,592,520,000 (1,147,214)
5-Jan-22 USD 9,437,920 THB 317,620,000 (61,587)
5-Jan-22 USD 1,518,569 RON 6,630,000 (3,976)
5-Jan-22 USD 2,647,058 HUF 855,860,000 6,674
5-Jan-22 USD 4,341,835 CZK 97,650,000 (110,023)
5-Jan-22 USD 5,516,419 ILS 17,440,000 (76,519)
5-Jan-22 USD 3,240,024 NOK 29,400,000 (82,353)
5-Jan-22 USD 7,131,195 SGD 9,745,000 (85,336)
5-Jan-22 USD 6,660,866 DKK 43,550,000 1,285
5-Jan-22 USD 5,718,211 SEK 51,715,000 5,303
5-Jan-22 USD 7,476,852 MXN 162,940,000 (421,142)
5-Jan-22 USD 84,622,105 GBP 63,370,000 (1,062,877)
5-Jan-22 USD 5,663,716 NZD 8,290,000 (10,341)
5-Jan-22 USD 222,281,342 JPY 25,042,505,000 4,226,671
5-Jan-22 EUR 96,165,000 USD 109,502,364 (117,500)
5-Jan-22 USD 222,301,622 JPY 25,042,500,000 4,244,541
5-Jan-22 USD 47,687,608 AUD 66,665,000 (687,452)
5-Jan-22 EUR 288,490,000 USD 328,353,837 (222,735)
5-Jan-22 USD 95,466,955 CAD 121,865,000 (887,963)
5-Jan-22 EUR 115,395,000 USD 131,355,167 (102,082)
5-Jan-22 EUR 307,720,000 USD 350,421,689 (396,421)
5-Jan-22 USD 12,748,425 CHF 11,665,000 (48,880)
5-Jan-22 EUR 192,325,000 USD 219,017,787 (251,484)
5-Jan-22 USD 84,667,073 GBP 63,370,000 (1,023,335)
5-Jan-22 EUR 192,325,000 USD 218,927,971 (172,504)
5-Jan-22 AUD 4,450,000 USD 3,156,875 69,063
5-Jan-22 JPY 592,590,000 USD 5,222,921 (67,481)
5-Jan-22 CHF 1,620,000 USD 1,753,361 21,828
5-Jan-22 EUR 17,560,000 USD 19,795,388 154,461
5-Jan-22 GBP 1,420,000 USD 1,880,286 37,828
5-Jan-22 CAD 7,960,000 USD 6,208,133 82,265
5-Jan-22 EUR 3,020,000 USD 3,404,419 26,588
32
FDC SICAV Global Bonds - Indexed (continued)
(in Sub-Fund Ccy)
5-Jan-22 EUR 730,843,498 USD 831,778,832 (517,349)
5-Jan-22 CHF 20,000 USD 21,645 270
5-Jan-22 EUR 7,690,000 USD 8,731,977 12,209
16-Mar-22 USD 13,455,499 IDR 195,239,290,000 (164,124)
16-Mar-22 USD 1,700,873 COP 6,705,540,000 57,380
16-Mar-22 USD 1,996,531 PEN 8,200,000 (44,349)
16-Mar-22 USD 38,024,571 KRW 44,808,155,000 406,383
16-Mar-22 USD 9,894,849 MYR 41,875,000 (128,470)
16-Mar-22 USD 7,217,996 RUB 542,750,000 71,576
16-Mar-22 USD 1,338,984 CLP 1,134,320,000 20,623
5-Jan-22 CNH 796,260,000 USD 124,865,923 285,318
8-Feb-22 USD 124,571,924 CNH 796,260,000 (277,804)
5-Jan-22 CNH 796,260,000 USD 124,903,529 252,248
8-Feb-22 USD 124,608,379 CNH 796,260,000 (245,663)
8-Feb-22 USD 1,409,718 CNH 9,000,000 (1,640)
5-Jan-22 CNH 15,000,000 USD 2,354,773 3,141
8-Feb-22 USD 2,349,613 CNH 15,000,000 (2,660)
5-Jan-22 RON 6,630,000 USD 1,517,465 4,946
2-Feb-22 USD 1,513,744 RON 6,630,000 (4,670)
5-Jan-22 HUF 855,860,000 USD 2,622,552 14,879
2-Feb-22 USD 2,615,745 HUF 855,860,000 (14,672)
2-Feb-22 USD 4,436,499 CZK 97,650,000 (16,052)
5-Jan-22 CZK 97,650,000 USD 4,447,775 16,819
2-Feb-22 USD 9,563,036 THB 317,620,000 50,124
5-Jan-22 THB 317,620,000 USD 9,558,806 (44,716)
3-Feb-22 USD 7,222,478 SGD 9,745,000 (3,848)
5-Jan-22 SGD 9,745,000 USD 7,223,844 3,863
5-Jan-22 SEK 51,715,000 USD 5,713,769 (1,397)
2-Feb-22 USD 5,715,011 SEK 51,715,000 1,398
5-Jan-22 NOK 29,400,000 USD 3,334,382 (630)
2-Feb-22 USD 3,332,723 NOK 29,400,000 697
2-Feb-22 USD 5,617,705 ILS 17,440,000 11,824
5-Jan-22 ILS 17,440,000 USD 5,617,074 (11,991)
5-Jan-22 DKK 43,550,000 USD 6,631,406 24,621
2-Feb-22 USD 6,635,244 DKK 43,550,000 (24,866)
2-Feb-22 USD 5,666,555 NZD 8,290,000 (5,900)
5-Jan-22 NZD 8,290,000 USD 5,668,445 6,182
5-Jan-22 JPY 24,746,205,000 USD 214,961,952 (53,169)
2-Feb-22 USD 215,005,170 JPY 24,746,205,000 47,639
2-Feb-22 USD 215,002,524 JPY 24,746,210,000 45,275
5-Jan-22 JPY 24,746,210,000 USD 214,960,129 (51,527)
33
FDC SICAV Global Bonds - Indexed (continued)
(in Sub-Fund Ccy)
5-Jan-22 GBP 62,660,000 USD 84,532,100 296,384
2-Feb-22 USD 84,528,196 GBP 62,660,000 (293,782)
2-Feb-22 USD 7,931,468 MXN 162,940,000 12,857
5-Jan-22 MXN 162,940,000 USD 7,969,519 (12,431)
5-Jan-22 USD 177,251,039 EUR 156,125,000 (272,919)
5-Jan-22 CAD 113,905,000 USD 89,643,802 467,161
2-Feb-22 EUR 156,125,000 USD 177,349,101 277,736
2-Feb-22 USD 89,642,391 CAD 113,905,000 (465,516)
2-Feb-22 USD 45,137,045 AUD 62,215,000 (88,784)
5-Jan-22 AUD 62,215,000 USD 45,130,761 90,762
2-Feb-22 EUR 331,760,000 USD 376,428,166 970,308
5-Jan-22 USD 376,215,840 EUR 331,760,000 (963,510)
2-Feb-22 EUR 390,305,000 USD 442,927,559 1,078,315
5-Jan-22 USD 110,669,565 EUR 97,575,000 (266,222)
5-Jan-22 USD 442,683,931 EUR 390,305,000 (1,064,902)
2-Feb-22 EUR 97,575,000 USD 110,728,598 271,223
5-Jan-22 CHF 10,025,000 USD 10,995,097 7,724
2-Feb-22 USD 11,003,364 CHF 10,025,000 (7,703)
5-Jan-22 USD 287,746,540 EUR 253,700,000 (692,192)
2-Feb-22 EUR 253,700,000 USD 287,906,371 699,616
5-Jan-22 USD 376,249,016 EUR 331,760,000 (934,340)
2-Feb-22 EUR 331,760,000 USD 376,458,357 943,760
5-Jan-22 GBP 62,660,000 USD 84,613,558 224,754
2-Feb-22 USD 84,610,425 GBP 62,660,000 (221,468)
2-Feb-22 EUR 117,090,000 USD 132,717,862 463,047
5-Jan-22 USD 132,642,128 EUR 117,090,000 (461,337)
2-Feb-22 GBP 2,440,000 USD 3,304,780 (191)
2-Feb-22 USD 11,389,848 EUR 10,010,000 (1,047)
2-Feb-22 USD 1,496,186 CAD 1,890,000 (12)
2-Feb-22 EUR 273,218,498 USD 310,242,337 590,067
5-Jan-22 USD 310,075,673 EUR 273,218,498 (577,282)
34
(in Sub-Fund Ccy)
6-Jan-22 USD 1,959,975 TRY 18,220,000 524,028
10-Jan-22 TRY 48,030,401 USD 5,123,263 (1,349,180)
6-Apr-22 USD 5,123,263 TRY 50,251,725 1,566,290
6-Jan-22 TRY 17,360,000 USD 1,859,668 (490,418)
12-Jan-22 TRY 37,498,563 USD 3,999,293 (1,057,521)
13-Jul-22 USD 3,999,293 TRY 41,351,882 1,369,359
10-Jan-22 USD 5,123,263 TRY 49,337,023 1,273,130
6-Apr-22 TRY 51,800,288 USD 5,123,263 (1,347,488)
12-Jan-22 USD 3,999,293 TRY 38,513,192 1,000,572
13-Jul-22 TRY 42,572,302 USD 3,999,293 (1,103,211)
20-Jan-22 TRY 31,141,307 USD 3,173,649 (764,025)
20-Jul-22 USD 3,173,649 TRY 34,577,046 985,925
20-Jan-22 TRY 26,352,356 USD 2,678,640 (640,411)
20-Jul-22 USD 2,678,640 TRY 29,293,725 824,873
22-Feb-22 USD 993,757 TRY 9,850,000 263,358
20-Jul-22 USD 1,982,248 TRY 21,354,645 631,832
20-Jul-22 USD 1,982,248 TRY 21,329,074 633,525
28-Jan-22 RUB 92,589,959 USD 1,309,763 (69,926)
28-Jan-22 USD 3,165,976 THB 105,000,000 20,609
10-Jan-22 EUR 1,670,000 TRY 19,293,420 405,720
10-Jan-22 USD 2,008,926 ZAR 30,727,755 75,985
10-Jan-22 USD 1,362,799 ZAR 20,845,805 51,494
20-Jan-22 USD 5,852,289 TRY 58,523,124 1,360,785
20-Jul-22 TRY 63,818,954 USD 5,852,289 (1,545,720)
10-Jan-22 ZAR 16,085,080 USD 1,051,739 (39,831)
10-Jan-22 ZAR 28,008,057 USD 1,830,576 (68,688)
10-Jan-22 ZAR 19,153,585 USD 1,252,771 (47,777)
10-Jan-22 USD 2,644,479 ZAR 40,664,277 88,159
28-Jan-22 USD 1,699,273 RUB 125,283,865 30,552
10-Jan-22 USD 1,325,985 ZAR 20,779,346 22,738
22-Feb-22 TRY 9,960,000 USD 915,373 (175,473)
20-Jul-22 TRY 10,110,000 USD 860,019 (185,879)
18-Feb-22 USD 3,760,316 TRY 41,540,000 701,986
24-Jan-22 USD 4,795,794 CNH 30,746,730 (27,614)
26-Jan-22 USD 4,055,562 CNH 26,005,000 (23,341)
20-Jul-22 TRY 10,135,341 USD 723,436 (64,345)
18-Feb-22 TRY 10,810,000 USD 815,760 (31,801)
28-Jan-22 THB 12,150,000 USD 364,666 (904)
19-Jan-22 USD 456,512 MXN 9,860,351 (20,932)
10-Jan-22 USD 2,503,550 ZAR 39,894,166 6,491
10-Jan-22 USD 3,694,008 ZAR 58,864,166 9,578
35
FDC SICAV EMMA Bonds - Active 1 (continued)
(in Sub-Fund Ccy)
10-Jan-22 ZAR 57,323,840 USD 3,597,345 (9,315)
4-Jan-22 BRL 10,085,019 USD 1,800,999 7,346
6-Jan-22 TRY 35,131,606 USD 2,838,207 (178,866)
7-Jan-22 USD 707,231 RON 3,088,080 (1,830)
1-Feb-22 USD 868,786 TRY 11,690,000 12,099
19-Jan-22 USD 1,193,311 MXN 25,507,996 (43,257)
1-Feb-22 TRY 12,610,000 USD 913,156 8,425
1-Feb-22 USD 296,364 TRY 4,092,560 (2,814)
7-Jan-22 PHP 20,303,248 USD 401,587 (5,168)
6-Jan-22 HUF 1,150,701,861 USD 3,590,960 (37,479)
7-Mar-22 CLP 2,232,603,694 USD 2,633,845 (34,787)
7-Feb-22 USD 358,579 ZAR 5,739,612 809
10-Jan-22 USD 3,439,439 ZAR 54,649,240 17,643
28-Jan-22 THB 105,670,000 USD 3,120,561 36,965
7-Feb-22 PLN 2,516,525 USD 616,145 5,777
1-Feb-22 TRY 570,240 USD 39,588 1,882
7-Jan-22 TRY 29,300,148 USD 2,080,010 101,702
7-Feb-22 CLP 191,142,968 USD 224,516 (1,277)
7-Jan-22 RON 3,079,998 USD 701,167 5,528
10-Jan-22 USD 112,912 HUF 36,679,977 (132)
10-Jan-22 HUF 1,249,000,000 EUR 3,396,805 (12,052)
6-Jan-22 USD 460,361 HUF 150,078,403 (2,134)
7-Feb-22 USD 226,409 ZAR 3,600,000 1,834
14-Jan-22 CNH 40,480,000 USD 6,337,734 19,807
14-Jan-22 USD 1,935,277 MXN 40,700,000 (42,915)
14-Jan-22 USD 1,934,890 MXN 40,700,000 (43,256)
19-Jan-22 MXN 14,900,000 USD 709,553 14,190
14-Mar-22 USD 915,875 TRY 13,500,000 (35,522)
18-Jan-22 CNH 23,100,000 USD 3,618,341 8,793
19-Jan-22 USD 465,267 MXN 9,823,620 (11,630)
16-Feb-22 USD 567,999 PEN 2,311,154 (8,717)
18-Jan-22 USD 2,006,949 RUB 148,960,178 21,527
4-Jan-22 BRL 1,920,000 USD 336,895 6,658
14-Jan-22 MXN 40,800,000 USD 1,914,172 65,657
14-Jan-22 MXN 40,600,000 USD 1,903,653 66,334
20-Jan-22 USD 8,537,674 CNH 54,526,131 (22,397)
20-Jan-22 CNH 39,249,600 USD 6,142,116 19,238
22-Feb-22 CNH 12,191,131 USD 1,903,098 6,538
22-Feb-22 USD 966,673 THB 32,370,000 (1,816)
10-Jan-22 EUR 1,698,662 HUF 629,000,000 (5,917)
10-Jan-22 EUR 1,699,304 HUF 629,000,000 (5,273)
36
FDC SICAV EMMA Bonds - Active 1 (continued)
(in Sub-Fund Ccy)
17-Mar-22 PLN 42,853,105 USD 10,400,169 150,714
21-Jan-22 USD 6,149,560 CNH 39,285,000 (17,190)
21-Jan-22 CNH 38,620,000 USD 6,042,684 19,319
19-Jan-22 MXN 24,479,629 USD 1,160,611 27,827
18-Apr-22 USD 883,745 TRY 14,730,000 (123,809)
17-Feb-22 TRY 14,730,000 USD 920,625 125,397
1-Feb-22 TRY 13,370,000 USD 838,923 122,605
1-Feb-22 TRY 14,130,000 USD 886,672 129,521
22-Feb-22 CNH 3,750,400 USD 585,438 2,028
22-Feb-22 USD 6,133,836 CNH 39,350,000 (29,030)
24-Jan-22 USD 325,349 COP 1,310,000,000 3,884
24-Feb-22 IDR 9,242,970,000 USD 642,453 4,168
23-Feb-22 USD 3,120,756 CNH 20,000,000 (11,793)
28-Jan-22 CNH 29,308,869 USD 4,580,197 17,386
28-Jan-22 USD 4,847,046 CNH 30,996,911 (15,734)
22-Mar-22 CZK 16,873,945 USD 750,888 13,401
22-Feb-22 USD 1,565,447 TRY 22,792,840 (66,959)
4-Jan-22 USD 2,084,241 BRL 12,005,019 (61,227)
2-Feb-22 BRL 12,005,019 USD 2,070,188 59,418
23-Mar-22 USD 919,386 TRY 12,430,000 45,295
30-Mar-22 USD 4,834,281 CNH 30,996,910 (10,607)
13-Jan-22 THB 196,643,723 USD 5,866,483 17,282
10-Jan-22 ZAR 7,591,851 USD 478,227 (2,818)
28-Jan-22 CNH 1,400,000 USD 219,249 421
24-Feb-22 IDR 3,984,320,000 USD 278,451 467
(in Sub-Fund Ccy)
16-Mar-22 CNH 1,795,000 USD 280,359 481
16-Mar-22 MXN 14,500,000 USD 679,506 17,297
16-Mar-22 CNH 2,529,000 USD 394,103 1,469
Total Unrealised Gain on Forward Foreign Exchange Contracts 19,247
37
8. Futures Contracts
As of 31 December 2021, the Sub-Funds had the following outstanding positions on futures contracts:
Maturity Date Long/(Short) Contract Trade Ccy Commitment Local Market Price Unrealised Gain/(Loss)
Quantity (in Sub-Fund Ccy) (in trade Ccy)“ (in Sub-Fund Ccy)
18-Mar-22 24 S&P 500 INDEX USD 5,021,280 4,759 47,900
Total Unrealised Gain on Futures Contracts 47,900
Quantity (in Sub-Fund Ccy) (in trade Ccy) (in Sub-Fund Ccy)
18-Mar-22 68 S&P 500 INDEX USD 14,226,961 4,759 145,228
10-Mar-22 31 TOPIX PRICE INDEX JPY 4,715,541 1,992 4,734
Maturity Date Long/(Short) Trade Ccy Commitment Local Market Price Unrealised Gain/(Loss)
18-Mar-22 34 S&P 500 INDEX USD 7,113,480 4,759 67,023
10-Mar-22 4 TOPIX PRICE INDEX JPY 608,457 1,992 12,523
18-Mar-22 56 EURO STOXX 50 PR EUR 2,401,000 4,288 36,015
18-Mar-22 9 FTSE 100 INDEX GBP 785,085 7,324 9,111
18-Mar-22 58 RUSSELL 2000 INDEX USD 5,719,416 2,243 62,887
08-Mar-22 (187) BUNDESREPUB. DEUTSCHLAND 0% EUR (32,046,190) 171 556,710
38
8. Futures Contracts (continued)
08-Mar-22 90 BUNDESREPUB. DEUTSCHLAND 0% EUR 15,423,300 171 (288,690)
08-Mar-22 (445) BUNDESOBLIGATION 0% EUR (59,291,800) 133 465,800
08-Mar-22 (84) EURO-BUXL 30Y BND EUR (17,366,160) 207 962,420
08-Mar-22 (318) BUONI POLIENNALI DEL 1.65% EUR (33,387,774) 147 892,660
08-Mar-22 (526) EURO-OAT FUTURE EUR (85,816,900) 163 1,620,080
08-Mar-22 1,011 EURO-SCHATZ FUT EUR 113,262,330 112 (186,945)
08-Mar-22 185 ITALY BUONI POLIENNALI D 0% EUR 18,511,655 113 (79,080)
Total Unrealised Gain on Futures Contracts, Net 3,386,245
08-Mar-22 (5) BUNDESREPUB. DEUTSCHLAND 0% EUR (856,850) 171 15,056
22-Mar-22 (141) US TREASURY N/B 3% USD (24,441,281) 197 (116,239)
22-Mar-22 (524) US 10YR NOTE USD (51,234,224) 130 (226,790)
22-Mar-22 (186) US TREASURY N/B 1.25% USD (15,872,950) 146 130,529
29-Mar-22 (27) UK TSY 4.75% GBP (4,275,253) 125 41,805
08-Mar-22 (187) BUONI POLIENNALI DEL 1.65% EUR (19,633,691) 147 488,070
Total Unrealised Gain on Futures Contracts, Net 579,935
22-Mar-22 127 US TREASURY N/B 3% USD 22,014,487 197 (404,612)
22-Mar-22 28 CANADIAN GOVERNMENT 1.25% CAD 2,780,014 143 6,453
08-Mar-22 (92) BUNDESOBLIGATION 0% EUR (12,258,080) 133 93,440
22-Mar-22 (217) US 10YR NOTE USD (21,217,217) 130 7,598
31-Mar-22 379 US TREASURY N/B 0.75% USD 32,533,340 121 (25,693)
22-Mar-22 (23) CANADIAN GOVERNMENT 1% CAD (1,582,769) 122 (7,525)
29-Mar-22 (194) UK TSY 4.75% GBP (30,718,482) 125 449,379
22-Mar-22 (12) US TREASURY N/B 5% USD (1,522,654) 160 4,781
39
8. Futures Contracts (continued)
08-Mar-22 44 BUONI POLIENNALI DEL 1.65% EUR 4,619,692 147 (125,630)
08-Mar-22 (9) EURO-OAT FUTURE EUR (1,468,350) 163 20,750
08-Mar-22 117 EURO-SCHATZ FUT EUR 13,107,510 112 (17,550)
15-Mar-22 89 AUST 10Y BOND FUT AUD 7,918,715 98 (13,992)
Total Unrealised Gain on Futures Contracts, Net 1,708,247
9. Swap Contracts
As of 31 December 2021, the Sub-Funds had the following outstanding swap contracts:
Description Maturity Date Pay Receive Trade Ccy Unrealised Gain/(Loss)

(in Sub-Fund Ccy)
Interest Rate Swap 15-Dec-26 KRW-CD-KSDA-BBG 1.730% KRW (28,932)
Interest Rate Swap 04-Feb-37 0.530% EUR-EURIBOR-REUTUERS EUR (6,901)
Interest Rate Swap 15-Dec-26 KRW-CD-KSDA-BBG 1.970% KRW 35,034
Interest Rate Swap 20-Mar-26 USD-SOFR-COMPOUND 1.350% USD (3,433)
Interest Rate Swap 20-Mar-34 1.450% USD-SOFR-COMPOUND USD 8,000
Interest Rate Swap 20-Mar-26 USD-SOFR-COMPOUND 1.400% USD 2,060
Interest Rate Swap 20-Mar-26 USD-SOFR-COMPOUND 1.380% USD 14
Interest Rate Swap 20-Mar-34 1.490% USD-SOFR-COMPOUND USD 750
Interest Rate Swap 20-Mar-26 USD-SOFR-COMPOUND 1.380% USD (82)
Interest Rate Swap 20-Mar-26 USD-SOFR-COMPOUND 1.380% USD (390)
Total Unrealised Gain on Swap Contracts, Net 20,449
40
9. Swap Contracts (continued)

(in Sub-Fund Ccy)
Cross Currency Swap 09-Oct-22 USD IDR 9.800% USD/IDR 8,435
Cross Currency Swap 19-Mar-24 USD IDR 7.520% USD/IDR 108,593
Cross Currency Swap 16-Mar-24 19.950% TRY TRY/USD 151,515
Cross Currency Swap 21-Dec-23 19.000% TRY TRY/USD 154,061
Interest Rate Swap 01-Jul-24 THFX6M 0.683% THB (6,145)
Interest Rate Swap 15-Sep-24 2.397% KLIB3M MYR 104,247
Interest Rate Swap 28-Oct-23 2.520% KLIB3M MYR (1,638)
Interest Rate Swap 16-Mar-24 18.710% BISTTREF TRY 307,539
Interest Rate Swap 16-Mar-32 JIBA3M 7.850% ZAR 45,789
Interest Rate Swap 16-Mar-32 JIBA3M 7.805% ZAR 19,065
Interest Rate Swap 16-Mar-27 6.705% JIBA3M ZAR (18,773)
Interest Rate Swap 15-Jun-25 6.790% JIBA3M ZAR (138,189)
Interest Rate Swap 03-Mar-32 7.920% MXIBTIIE MXN (58,500)
Interest Rate Swap 15-Jun-25 3.010% WIBO6M PLN 86,041
Interest Rate Swap 16-Mar-25 3.159% WIBO6M PLN 34,424
Interest Rate Swap 02-Jan-25 BZDIOVRA 10.678% BRL 15,088
Interest Rate Swap 21-Sep-23 9.630% MOSKP3 RUB (6,108)
Interest Rate Swap 21-Sep-25 MOSKP3 8.930% RUB 8,857
Interest Rate Swap 03-Mar-32 7.372% MXIBTIIE MXN 26,368
Total Unrealised Gain on Swap Contracts, Net 1,839,749

(in Sub-Fund Ccy)
Interest Rate Swap 01-Feb-22 -0.601% ESTRON EUR 173
Interest Rate Swap 25-Aug-22 -0.579% ESTRON EUR 335
Interest Rate Swap 02-Sep-22 -0.568% ESTRON EUR 307
Total Unrealised Gain on Swap Contracts 815
41
10. Changes in the Investment Portfolio
Changes in the Investment Portfolio during the reporting year are available to the Shareholder at the registered offices of the Company and the
Custodian Bank.
11. Valuation date of investment funds held in Real Estate Sub-Funds
As at 31 December 2021 and in accordance with note 2.c), all investment funds held by the Sub-Funds FDC SICAV Global Real Estate - Active 1
and FDC SICAV Global Real Estate - Active 2 have been valued based on the NAV per share or unit as of 31 December 2021, except Ardstone
Partners Icavrdstone R and Goodman Japan Core held by the Sub-Fund FDC SICAV Global Real Estate - Active 2, which have been valued based
on the last available NAV dated respectively 26 October 2021 and 29 September 2021.
The NAVs of the two Sub-Funds calculated and reported internally beginning of January 2022 were based on latest values available at the
beginning of 2022. The final NAVs as reflected in these financial statements have been adjusted to take into consideration the NAVs per share or
unit of the target funds as of 31 December 2021 (except for Goodman Japan Core for which the NAV/share as of 29 September 2021 was used).
Compared to the market value as per NAVs available on 31 December 2021, the market value of Sub-Fund FDC SICAV Global Real Estate -
Active 1 was updated by a plus of EUR 24,523,149 and the market value of Sub-Fund FDC SICAV Global Real Estate - Active 2 by a plus of
EUR 27,780,118, which represents a NAV impact of 6.61% for the Sub-Fund FDC SICAV Global Real Estate - Active 1 and 6.00% for the Sub-
Fund FDC SICAV Global Real Estate - Active 2. The calculated NAV was initially EUR 371,214,648 for the Sub-Fund FDC SICAV Global Real
Estate - Active 1 and EUR 462,667,126 for the Sub-Fund FDC SICAV Global Real Estate - Active 2.
12. Commitments linked to investments in real estate target funds
As at 31 December 2021, the Sub-Funds had the following outstanding commitments:
Investment Currency Total Commitment Total Commitment Outstanding Commitment Outstanding Commitment
Amount (in local Ccy) Amount (in Sub- Amount (in local Ccy) Amount (in Sub-Fund Ccy)
Fund Ccy)
Goodman European Partnership EUR 2,767,785 2,767,785 2,767,785 2,767,785
MS Prime Asia Fund USD 6,000,000 5,276,117 4,652,307 4,091,019
Clarion Lion Properties Fund* USD 3,000,000 2,638,058 3,000,000 2,638,058
Prologis Targeted US Logistics Fund* USD (7,000,000) (6,155,470) 7,001,065 6,156,406
Total 4,526,490 15,653,268
Investment Currency Total Commitment Total Commitment Outstanding Commitment Outstanding Commitment
Amount (in local Ccy) Amount (in Sub- Amount (in local Ccy) Amount (in Sub-Fund Ccy)
Fund Ccy)
Ardstone Residential Income Fund EUR 22,000,000 22,000,000 3,900,000 3,900,000
Goodman Japan Industrial Fund JPY 3,117,371,900 23,805,049 98,291,022 750,575
NREP Nordics Income+ Fund EUR 26,000,000 26,000,000 9,194,547 9,194,547
Total 71,805,049 13,845,122
* Transactions in Clarion Lion Properties Fund and Prologis Targeted US Logistics Fund settled in January 2022.
42
13. Significant Events
New Issue Documents were published in May and November 2021. As the official language of the Issue Document changed from French to
English, the names of the Sub-Funds have been translated as follows:
Previous Sub-Fund name (in French) New Sub-Fund name (in English)
FDC SICAV Actions Monde - Actif 1 FDC SICAV Global Equities - Active 1
FDC SICAV Actions Monde - Indexé FDC SICAV Global Equities - Indexed
FDC SICAV Actions Monde - Indexé 2 FDC SICAV Global Equities - Indexed 2
FDC SICAV Actions Monde Sustainable Impact - Actif 1 FDC SICAV Global Equities Sustainable Impact - Active 1
FDC SICAV Actions Monde Small Cap - Actif 1 FDC SICAV Global Equities Small Cap - Active 1
FDC SICAV Actions Monde Small Cap - Indexé FDC SICAV Global Equities Small Cap - Indexed
FDC SICAV Actions EMMA - Actif 1 FDC SICAV EMMA Equities - Active 1
FDC SICAV Actions EMMA - Indexé FDC SICAV EMMA Equities - Indexed
FDC SICAV Obligations EUR - Actif 1 FDC SICAV EUR Bonds - Active 1
FDC SICAV Obligations EUR - Indexé FDC SICAV EUR Bonds - Indexed
FDC SICAV Obligations EUR Green Bonds - Actif 1 FDC SICAV EUR Green Bonds - Active 1
FDC SICAV Obligations Monde - Actif 1 FDC SICAV Global Bonds - Active 1
FDC SICAV Obligations Monde - Indexé FDC SICAV Global Bonds - Indexed
FDC SICAV Obligations EMMA - Actif 1 FDC SICAV EMMA Bonds - Active 1
FDC SICAV Obligations EMMA - Indexé FDC SICAV EMMA Bonds - Indexed
FDC SICAV Monétaire EUR - Actif 1 FDC SICAV EUR Money Market - Active 1
FDC SICAV Immobilier Monde - Actif 1 FDC SICAV Global Real Estate - Active 1
FDC SICAV Immobilier Monde - Actif 2 FDC SICAV Global Real Estate - Active 2
14. Subsequent Events
In relation to COVID-19, the Fund’s operations have not been negatively impacted as of 31 December 2021.
In relation to Russia-Ukraine war, main impacts and key steps taken by the Fund are mentioned below.
In a general way, it should be noted that the Fund has entrusted management of its assets to the duly mandated Investment Managers which
have proven contingency measures in place and are best qualified to take appropriate decisions in specific market circumstances. The Fund was in
ongoing contact with its Investment Managers and these were in constant discussion with index providers, market makers and participants as well
as other actors to understand and assess given situation as well as the implications of any sanctions imposed by policy makers. It is understood that
the Fund’s Investment Managers have, since the first signs of tension between Russia and Ukraine, positioned the portfolios entrusted to them in
such a way as to protect the Fund’s assets and interests as much as possible and will continue to do so.
Beginning March, the Fund’s Pricing Committee instructed to proceed to a fair valuation of sanctioned and no longer tradable Russian securities.
Also, sanctioned securities were reported to competent authorities. In the context of the announcements from different index providers to remove
Russian securities from their benchmarks, it should be noted that securities no longer included in the Fund’s benchmarks need to be sold by the
respective Investment Manager within a specific timeframe. Such divestment and its timeframe are subject to open markets, prevailing market
conditions and restrictions as well as incumbent sanctions.
Finally and with regard to valorisation impacts, the Fund having one single shareholder, the risk of NAV suspensions or strong NAV fluctuations
is considered as low as there will be no potential redemptions from various investors.
43
Schedule of Investments and Other Net Assets as of 31 December 2021
(expressed in EUR)
Quantity Description Market Value % NAV
Transferable securities and money market instruments admitted to an official exchange listing
AUD Equities
518,671 Dexus 3,687,433 0.41
237,425 Fortescue Metals Group Limited 2,915,958 0.32
41,747 James Hardie Industries plc 1,475,971 0.16
1,806,624 Medibank Private Limited 3,869,368 0.43
1,067,922 Stockland 2,894,895 0.32
52,631 Woolworths Limited 1,278,989 0.14
16,122,614 1.78
CAD Equities
52,247 Bank of Montreal 4,953,532 0.55
25,002 Bank of Nova Scotia 1,558,651 0.17
45,060 Canadian Imperial Bank of Commerce 4,625,348 0.51
25,359 Canadian Tire Corp. Limited - A 3,203,123 0.35
116,739 Empire Company Limited 3,132,104 0.35
115,338 Gildan Activewear Inc. 4,306,145 0.48
166,009 Hydro One Limited 3,803,365 0.42
64,704 Loblaw Companies Limited 4,668,388 0.51
50,975 Magna International Inc. 3,632,064 0.40
53,428 National Bank of Canada 3,587,026 0.40
35,381 Open Text Corp. 1,478,833 0.16
55,699 Royal Bank of Canada 5,205,592 0.57
87,788 Toronto-Dominion Bank 5,926,874 0.65
50,081,045 5.52
CHF Equities
141 Lindt & Spruengli AG 1,718,683 0.19
885 Partners Group Holding AG - Reg 1,291,849 0.14
317,457 UBS Group AG 5,030,733 0.55
8,041,265 0.88
DKK Equities
1,470 AP Moller - Maersk A/S - B 4,634,768 0.51
29,111 Novo-Nordisk A/S - B 2,876,817 0.32
7,511,585 0.83
EUR Equities
246,214 ABN Amro Bank NV 3,180,100 0.35
805,950 Aegon NV 3,540,538 0.39
805,338 Banco Bilbao Vizcaya Argentaria SA 4,228,025 0.47
1,226,557 Banco Santander Central Hispano 3,606,691 0.40
47,111 Bayerische Motoren Werke AG 4,168,852 0.46
189,810 Carrefour SA 3,056,890 0.34
230,768 CNH Industrial NV 3,939,210 0.43
61,305 Compagnie de Saint-Gobain 3,792,940 0.42
21,661 Daimler AG - Reg 1,464,067 0.16
10,830 Daimler Truck Holding AG 349,701 0.04
82,961 Deutsche Post AG - Reg 4,690,615 0.52
215,066 Deutsche Telekom AG - Reg 3,505,576 0.39
1,076 Hermes International 1,652,736 0.18
117,811 ING Groep NV 1,442,242 0.16
44
Schedule of Investments and Other Net Assets as of 31 December 2021 (continued)
(expressed in EUR)
EUR Equities (continued)

44,056 Ipsen SA 3,546,508 0.39
95,695 Kesko Oyj - B 2,807,691 0.31
103,391 Klepierre SA 2,155,702 0.24
158,975 Koninklijke Ahold Delhaize NV 4,790,712 0.53
26,571 La Francaise des Jeux SAEM 1,034,675 0.11
17,453 Merck KGaA 3,961,831 0.44
9,690 Michelin 1,396,814 0.15
87,415 NN Group NV 4,161,828 0.45
398,962 Nokia Oyj 2,223,814 0.25
69,934 Publicis Groupe SA 4,140,093 0.46
121,123 Raiffeisen International Bank Holding AG 3,134,663 0.35
55,716 Randstad Holding NV 3,345,189 0.37
57,822 Sanofi 5,121,873 0.56
136,562 Societe Generale SA 4,124,855 0.45
83,112 STMicroelectronics NV 3,604,567 0.40
1,263,316 Telefonica Deutschland Holding AG 3,083,754 0.34
95,252,752 10.51
GBP Equities
38,495 Anglo American plc 1,382,808 0.15
1,419,985 Barclays plc 3,162,653 0.35
355,996 BP plc 1,401,337 0.15
213,994 British Land Company plc 1,353,388 0.15
265,573 Glaxosmithkline plc 5,081,803 0.56
1,108,714 J Sainsbury plc 3,642,000 0.40
820,917 Kingfisher plc 3,307,710 0.36
308,115 Land Securities Capital Markets plc 2,849,210 0.31
80,513 Royal Dutch Shell plc - B 1,555,787 0.17
42,542 Standard Chartered plc 227,201 0.03
2,660,264 Vodafone Group plc 3,556,935 0.39
27,520,832 3.02
HKD Equities
19,745 CK Asset Holdings Limited 109,460 0.01
109,460 0.01
ILS Equities
184,430 Bank Hapoalim BM 1,672,645 0.18
1,672,645 0.18
JPY Equities
126,400 Ajinomoto Company Inc. 3,375,384 0.37
166,400 Brother Industries Limited 2,809,458 0.31
177,500 Canon Inc. 3,796,575 0.42
230,700 Dai-ichi Mutual Life Insurance Company 4,096,797 0.45
619,400 Daiwa Securities Group Inc. - ADR 3,068,284 0.34
53,400 Dentsu Inc. 1,671,882 0.18
22,500 Fujifilm Holdings Corp. 1,464,901 0.16
27,800 Fujitsu Limited 4,188,440 0.46
10,100 Hoya Corp. 1,319,629 0.15
124,200 Iida Group Holdings Company Limited 2,537,980 0.28
45
(expressed in EUR)
JPY Equities (continued)

147,700 Itochu Corp. 3,967,864 0.44
117,800 KDDI Corp. 3,024,290 0.33
147,900 Lixil Corp. 3,461,618 0.38
495,400 Marubeni Corp. 4,235,070 0.47
90,100 Medipal Holdings Corp. 1,482,697 0.16
56,200 Mitsubishi Corp. 1,567,283 0.17
885,400 Mitsubishi UFJ Financial Group Inc. 4,225,037 0.47
212,300 Mitsui & Company Limited 4,415,276 0.48
124,500 Mizuho Financial Group Inc. 1,390,894 0.15
125,700 MS&AD Insurance Group Holdings 3,406,605 0.38
27,200 Nippon Yusen Kabushiki Kaisha 1,819,506 0.20
782,200 Nomura Holdings Inc. 2,996,694 0.33
176,100 Osaka Gas Company Limited 2,556,360 0.28
326,900 Panasonic Corp. 3,157,809 0.35
13,500 Rinnai Corp. 1,070,069 0.12
116,900 SG Holdings Company Limited 2,403,983 0.26
20,400 Sony Group Corp. 2,254,910 0.25
122,700 T&D Holdings Inc. 1,379,218 0.15
57,700 Takeda Pharmaceutical Company Limited 1,382,200 0.15
155,400 Yamaha Motor Company Limited 3,274,034 0.36
81,800,747 9.00
SEK Equities
150,510 Electrolux AB - B 3,208,697 0.35
88,596 Getinge AB - B 3,399,774 0.37
285,674 Husqvarna AB - B 4,019,000 0.44
52,738 Lundin Petroleum AB 1,662,139 0.18
12,289,610 1.34
SGD Equities
547,300 UOL Group Limited 2,531,025 0.28
2,531,025 0.28
USD Equities
45,090 Abbott Laboratories 5,580,343 0.62
20,579 Accenture plc - A 7,501,780 0.83
8,036 Adobe Inc. 4,007,118 0.44
16,192 Advance Auto Parts Inc. 3,415,527 0.38
81,021 Aflac Inc. 4,160,056 0.46
24,897 Agilent Technologies Inc. 3,495,257 0.39
45,079 Ally Financial Inc. 1,887,277 0.21
6,386 Alphabet Inc. - A 16,268,465 1.79
5,123 Alphabet Inc. - C 13,035,404 1.44
5,322 Amazon.com Inc. 15,604,430 1.72
26,470 American International Group Inc. 1,323,500 0.15
34,770 Amerisourcebergen Corp. 4,063,125 0.45
11,356 Anthem Inc. 4,628,878 0.51
224,944 Apple Inc. 35,124,259 3.88
15,777 Applied Materials Inc. 2,183,142 0.24
16,780 Arista Networks Inc. 2,121,109 0.23
46
(expressed in EUR)
USD Equities (continued)

35,326 Arrow Electronics Inc. 4,170,966 0.46
255,296 AT&T Inc. 5,522,583 0.61
2,241 Autozone Inc. 4,131,208 0.46
6,957 Avalonbay Communities Inc. 1,545,259 0.17
53,753 Bath & Body Works Inc. 3,298,823 0.36
38,216 Best Buy Company Inc. 3,414,303 0.38
12,567 Biogen Idec Inc. 2,651,314 0.29
2,061 Bio-Rad Laboratories Inc. - A 1,369,354 0.15
98,386 Bristol-Myers Squibb Company 5,394,273 0.59
15,488 Broadcom Inc. 9,062,495 0.99
26,746 Cadence Design Systems Inc. 4,382,797 0.49
29,955 Capital One Financial Corp. 3,821,818 0.42
26,389 Caterpillar Inc. 4,797,452 0.53
51,340 CBRE Group Inc. - A 4,898,790 0.54
127,485 Cisco Systems Inc. 7,104,049 0.78
90,406 Citigroup Inc. 4,800,931 0.53
7,581 Costco Wholesale Corp. 3,784,500 0.42
18,193 Cummins Inc. 3,489,818 0.38
75,284 CVS Health Corp. 6,829,315 0.75
10,973 Danaher Corp. 3,174,663 0.35
15,603 Deere & Company 4,704,636 0.53
4,486 Dell Technologies Inc. - C 221,578 0.02
36,591 DISH Network Corp. - A 1,043,803 0.11
59,926 Dominion Resources Inc. 4,139,804 0.46
21,876 Dover Corp. 3,493,389 0.39
26,169 Dow Inc. 1,305,228 0.14
115,538 Dropbox Inc. - A 2,493,231 0.27
15,037 Duke Energy Corp. 1,387,075 0.15
24,962 DuPont de Nemours Inc. 1,773,154 0.20
21,090 Ebay Inc. 1,233,279 0.14
17,155 Emerson Electric Company 1,402,480 0.15
6,482 Epam Systems Inc. 3,810,141 0.42
35,059 Equitable Holdings Inc. 1,010,890 0.11
80,328 Exelon Corp. 4,079,973 0.45
30,648 Expeditors International Washington Inc. 3,619,170 0.40
308,558 Ford Motor Company 5,635,552 0.62
13,605 Fortinet Inc. 4,299,716 0.47
111,142 Fox Corp. 3,606,348 0.39
11,843 Gartner Inc. 3,481,667 0.38
67,819 General Mills Inc. 4,018,329 0.44
29,197 Genuine Parts Company 3,599,560 0.40
66,021 Gilead Sciences Inc. 4,215,428 0.46
16,778 Goldman Sachs Group Inc. 5,644,059 0.62
22,729 Henry Schein Inc. 1,549,577 0.17
24,093 Hershey Company 4,098,903 0.45
264,455 Hewlett Packard Enterprise Company 3,667,302 0.40
3,718 Home Depot Inc. 1,356,848 0.15
137,480 HP inc. 4,554,055 0.50
47
(expressed in EUR)

2,010 Hubspot Inc. 1,165,047 0.13
68,158 Intel Corp. 3,086,649 0.34
72,398 International Paper Company 2,990,906 0.33
98,359 Interpublic Group of Companies Inc. 3,239,135 0.36
17,042 Iqvia Holdings Inc. 4,228,130 0.47
101,706 Iron Mountain Inc. 4,680,158 0.52
1,077 Jazz Pharmaceuticals plc 120,656 0.01
9,966 Johnson & Johnson 1,499,194 0.17
74,747 Johnson Controls International plc 5,344,424 0.59
52,604 JPMorgan Chase & Company 7,324,870 0.80
135,080 Juniper Networks Inc. 4,241,740 0.47
23,149 Keysight Technologies Inc. 4,203,746 0.45
95,941 Kinder Morgan Inc. 1,338,045 0.15
31,818 KKR & Company Inc. 2,084,454 0.23
74,154 Knight-Swift Transportation 3,973,747 0.44
105,597 Kraft Heinz Company 3,333,567 0.37
86,079 Kroger Company 3,425,902 0.38
16,278 Laboratory Corp. of America Holdings 4,497,635 0.50
10,401 Liberty Global Inc. - A 253,714 0.03
44,578 Lkq Corp. 2,353,163 0.26
73,882 Loews Corp. 3,752,572 0.41
11,424 Lowe’s Companies Inc. 2,596,619 0.29
290,785 Lumen Technologies Inc. 3,209,068 0.35
23,317 McKesson Corp. 5,096,647 0.56
827 Mercadolibre Inc. 980,590 0.11
84,849 Merck & Company Inc. 5,718,279 0.63
39,111 Meta Platforms Inc. 11,567,873 1.27
70,467 Metlife Inc. 3,872,215 0.43
127,052 Microsoft Corp. 37,574,857 4.15
12,975 Moderna Inc. 2,897,811 0.32
11,719 Molina Healthcare Inc. 3,277,857 0.36
40,123 NetApp Inc. 3,245,616 0.36
150,908 Newell Rubbermaid Inc. 2,898,198 0.32
168,933 News Corp. 3,314,189 0.37
9,382 NortonLifeLock Inc. 214,337 0.02
14,694 Nucor Corp. 1,474,956 0.16
19,158 Nvidia Corp. 4,954,766 0.55
102,945 Occidental Petroleum Corp. 2,624,319 0.30
54,591 Omnicom Group Inc. 3,517,308 0.39
63,321 ON Semiconductor Corp. 3,781,887 0.42
69,240 Oracle Corp. 5,309,902 0.59
6,595 O’Reilly Automotive Inc. 4,095,662 0.45
19,781 Otis Worldwide Corp. 1,514,537 0.17
41,956 Owens Corning 3,338,918 0.37
21,436 Pentair Limited - Reg 1,376,601 0.15
185,659 Pfizer Inc. 9,640,488 1.06
70,272 PulteGroup Inc. 3,532,138 0.39
24,514 Qorvo Inc. 3,371,214 0.37
48
(expressed in EUR)

37,753 Qualcomm Inc. 6,070,956 0.67
28,894 Quest Diagnostics Inc. 4,395,841 0.48
43,054 Regency Centers Corp. 2,852,725 0.31
2,541 Regeneron Pharmaceuticals Inc. 1,411,091 0.16
30,938 Republic Services Inc. 3,793,796 0.42
36,499 Robert Half International Inc. 3,579,290 0.39
4,540 S&P Global Inc. 1,884,068 0.21
59,181 Sealed Air Corp. 3,511,205 0.39
17,943 Snap-On Inc. 3,398,315 0.37
97,795 Synchrony Financial 3,989,369 0.44
4,866 Synopsys Inc. 1,576,786 0.17
23,705 Target Corp. 4,824,380 0.53
21,333 TE Connectivity Limited 3,026,615 0.33
6,652 Tesla Inc. 6,181,587 0.68
21,133 Tjx Companies Inc. 1,410,849 0.16
17,415 Tractor Supply Company 3,653,903 0.40
26,470 Trane Technologies plc 4,702,545 0.52
88,788 Ugi Corp. 3,584,468 0.40
31,380 United Parcel Service Inc. - B 5,914,516 0.65
11,158 United Rentals Inc. 3,260,369 0.36
15,786 UnitedHealth Group Inc. 6,970,439 0.77
4,913 Veeva Systems Inc. - A 1,103,740 0.12
1,976 VMware Inc. 201,353 0.02
83,751 Walgreens Boots Alliance Inc. 3,841,411 0.42
10,048 Waste Management Inc. 1,474,684 0.16
11,006 Waters Corp. 3,606,081 0.40
8,833 West Pharmaceutical Services Inc. 3,642,952 0.41
17,493 Whirlpool Corp. 3,609,662 0.40
597,096,858 65.84
Total Equities 900,030,438 99.19
Total Transferable securities and money market instruments admitted to an official exchange listing 900,030,438 99.19
Total Investment in Securities 900,030,438 99.19
Other Net Assets 7,318,015 0.81
Total Net Assets 907,348,453 100.00
49
Industrial Classification of the Investment Portfolio
Sector % NAV
Banks 8.58
Pharmaceuticals 6.99
Software 5.88
Computers and peripherals 5.69
Retail 5.50
Media 3.99
Semiconductors 3.98
Food services 3.88
Insurance 3.81
Internet software and services 3.26
Healthcare services 3.09
Transportation 2.98
Financial services 2.95
Electronic equipment 2.84
Machinery 2.68
Real estate investment trust 2.43
Telecommunication services 2.41
Distribution and wholesale 2.22
Auto manufacturers 1.96
Telecommunication equipment 1.73
IT Consulting and services 1.65
Electrical utilities 1.48
Building materials 1.45
Advertising 1.39
Home furnishings 1.35
Healthcare supplies and equipment 1.30
Miscellaneous machinery 1.22
Biotechnology 1.06
Real estate 1.06
Oil and gas producers 0.80
Employment services 0.76
Commercial services 0.74
Oil and gas services 0.68
Home builders 0.67
Apparel 0.66
Security and alarm services 0.59
Environment control and services 0.58
Automobile parts and equipment 0.55
Stores 0.53
Iron and steel 0.48
Leisure and entertainment 0.47
Electrical equipment 0.46
Business and office equipment 0.42
Packaging and containers 0.39
Food 0.37
Forest products and paper 0.33
Household products 0.32
Mining (non precious) 0.15
Pipelines 0.15
50
Sector % NAV
Broadcasting, radio and television 0.14
Chemicals 0.14
Total Investment in Securities 99.19
Other Net Assets 0.81
Total Net Assets 100.00
51
(expressed in EUR)
AUD Equities
32,932 Aristocrat Leisure Limited 917,346 0.10
79,218 Australia & New Zealand Banking Group Limited 1,393,291 0.15
82,872 BHP Group Limited 2,198,788 0.23
38,135 Commonwealth Bank of Australia 2,462,479 0.26
144,932 Computershare Limited 1,853,198 0.20
6,041 CSL Limited 1,122,823 0.12
145,023 Dexus 1,031,025 0.11
265,233 Insurance Australia Group Limited 722,378 0.08
15,648 Macquarie Group Limited 2,054,881 0.22
251,081 Suncorp-Metway Limited 1,777,006 0.19
350,092 Tabcorp Holdings Limited 1,123,604 0.12
21,842 Wesfarmers Limited 828,084 0.09
78,208 Westpac Banking Corp. 1,067,521 0.11
34,592 Woolworths Limited 840,622 0.09
20,993,191 2.24
CAD Equities
74,001 Agnico-Eagle Mines Limited 3,461,391 0.37
180,517 Great-West Lifeco Inc. 4,770,377 0.51
158,337 Hydro One Limited 3,627,594 0.39
520,179 Manulife Financial Corp. 8,730,889 0.93
176,334 Quebecor Inc. - B 3,504,698 0.37
65,901,028 7.05
CHF Equities
83,689 ABB Limited - Reg 2,818,818 0.30
74,306 Adecco Group AG - Reg 3,341,820 0.36
12,485 Logitech International SA - Reg 926,350 0.10
55,091 Nestle SA - Reg 6,775,785 0.73
24,422 Roche Holding AG 8,935,281 0.95
2,247 Swisscom AG - Reg 1,115,953 0.12
23,914,007 2.56
DKK Equities
351 AP Moller - Maersk A/S - B 1,106,669 0.12
8,910 Coloplast A/S - B 1,378,862 0.15
75,995 Novo-Nordisk A/S - B 7,510,004 0.80
9,995,535 1.07
EUR Equities
113,086 ACS Actividades de Construccion y Servicios 2,665,437 0.28
6,672 ASM International NV 2,593,406 0.28
210,685 AXA SA 5,516,787 0.59
5,258 Capgemini SE 1,133,099 0.12
111,315 Coca-Cola Europacific Partners Plc 5,463,340 0.58
52
(expressed in EUR)

34,165 Erste Group Bank AG 1,412,723 0.15
14,964 Gecina SA 1,839,076 0.20
360,653 Iberdrola SA 3,754,398 0.40
59,458 Inditex SA 1,696,337 0.18
58,589 Infineon Technologies AG 2,388,088 0.25
37,208 KBC Group NV 2,807,716 0.30
67,208 La Francaise des Jeux SAEM 2,617,079 0.28
26,326 NN Group NV 1,253,381 0.13
35,567 OMV AG 1,776,572 0.19
38,669 Philips NV 1,266,990 0.14
41,044 Porsche Automobil Holding SE Pfd 3,424,712 0.37
170,280 Proximus SA 2,918,599 0.31
57,593 Publicis Groupe SA 3,409,506 0.36
31,354 Randstad Holding NV 1,882,494 0.20
183,998 Red Electrica Corp. SA 3,500,562 0.37
234,102 Repsol YPF SA 2,443,088 0.26
43,523 Sanofi 3,855,267 0.41
16,144 SAP SE 2,016,386 0.22
10,397 Schneider Electric SE 1,793,067 0.19
8,702 Siemens AG - Reg 1,328,621 0.14
102,265 TotalEnergies SE 4,564,088 0.48
74,324,095 7.91
GBP Equities
362,495 3i Group plc 6,255,997 0.67
568,364 Barratt Developments plc 5,063,540 0.54
19,750 Berkeley Group Holdings plc 1,123,225 0.12
22,584 Ferguson plc 3,525,040 0.38
250,979 Kingfisher plc 1,011,266 0.11
876,427 Legal & General Group plc 3,105,481 0.33
665,951 M&G plc 1,582,382 0.17
159,796 Rio Tinto plc 9,310,618 1.00
166,479 Sage Group plc 1,690,561 0.18
534,272 Tesco plc 1,844,747 0.20
115,394 Unilever plc 5,422,648 0.58
41,946,512 4.49
HKD Equities
87,000 AIA Group Limited 771,288 0.08
776,500 Boc Hong Kong Holdings Limited 2,237,727 0.24
134,000 Sun Hung Kai Properties Limited 1,429,785 0.15
190,000 Wharf Real Estate Investment 848,640 0.09
405,000 Xinyi Glass Holdings Limited 890,767 0.10
6,178,207 0.66
JPY Equities
33,300 AGC Inc. 1,396,037 0.15
273,900 Asahi Kasei Corp. 2,260,988 0.24
53
(expressed in EUR)

110,800 Astellas Pharma Inc. 1,582,625 0.17
48,500 Bridgestone Corp. 1,832,904 0.20
112,900 Brother Industries Limited 1,906,176 0.20
25,000 Daito Trust Construction Company Limited 2,514,237 0.27
328,800 Daiwa Securities Group Inc. - ADR 1,628,757 0.17
272,300 ENEOS Holdings Inc 894,745 0.10
6,500 Hikari Tsushin Inc. 879,048 0.09
35,500 Hitachi Limited 1,688,873 0.18
110,300 Honda Motor Company Limited 2,720,561 0.29
7,700 Hoya Corp. 1,006,054 0.11
211,900 Kajima Corp. 2,137,540 0.23
26,300 Kao Corp. 1,208,817 0.13
76,800 KDDI Corp. 1,971,693 0.21
86,700 Kirin Holdings Company Limited 1,222,831 0.13
55,800 Medipal Holdings Corp. 918,252 0.10
42,500 MS&AD Insurance Group Holdings 1,151,796 0.12
6,000 Nintendo Company Limited 2,458,111 0.26
170,100 Obayashi Corp. 1,156,045 0.12
32,500 Otsuka Corp. 1,362,499 0.15
54,900 SCSK Corp. 959,618 0.10
24,500 Secom Company Limited 1,494,087 0.16
59,100 Seiko Epson Corp. 934,648 0.10
229,700 Sekisui House Limited 4,330,744 0.46
22,300 Seven & I Holdings Company Limited 860,979 0.09
27,300 Shionogi & Company Limited 1,693,817 0.18
111,400 Softbank Corp. 1,237,312 0.13
27,200 Sompo Holdings Inc 1,009,244 0.11
113,300 Sumitomo Mitsui Financial Group Inc. 3,411,435 0.36
44,800 Taisei Corp. 1,195,654 0.13
6,300 Tokyo Electron Limited 3,188,625 0.34
36,600 Yamaha Motor Company Limited 771,105 0.08
70,500 Yamato Holdings Company Limited 1,455,176 0.16
89,100 Yokogawa Electric Corp. 1,411,129 0.14
59,268,461 6.31
SEK Equities
38,921 Boliden AB 1,323,064 0.14
248,499 Electrolux AB - B 5,297,708 0.57
656,422 Nordea Bank Abp 7,044,891 0.75
100,244 Skanska AB - B 2,280,206 0.24
182,434 Svenska Handelsbanken AB - A 1,733,963 0.19
17,679,832 1.89
SGD Equities
543,900 CapitaLand Integrated Commercial Trust 723,726 0.08
175,200 Singapore Exchange Limited 1,062,776 0.11
370,000 Singapore Technologies Engineering Limited 907,433 0.10
2,693,935 0.29
54
(expressed in EUR)
USD Equities
53,495 AbbVie Inc. 6,369,348 0.68
49,048 Accenture plc - A 17,879,747 1.91
27,659 Advance Auto Parts Inc. 5,834,366 0.62
396,011 AGNC Investment Corp. 5,237,430 0.56
487,211 AT&T Inc. 10,539,388 1.13
93,264 Automatic Data Processing Inc. 20,222,508 2.16
26,134 Booz Allen Hamilton Holding Corp. 1,948,560 0.21
49,325 Bunge Limited 4,049,404 0.43
18,484 Celanese Corp. 2,731,640 0.29
98,836 Cigna Corp. 19,957,536 2.13
34,295 Citigroup Inc. 1,821,206 0.19
109,752 Comcast Corp. - A 4,857,385 0.52
173,056 Conagra Foods Inc. 5,196,854 0.55
60,059 Consolidated Edison Inc. 4,506,010 0.48
80,626 Cummins Inc. 15,465,842 1.65
35,813 Darden Restaurants Inc. 4,743,994 0.51
8,586 Domino’s Pizza Inc. 4,260,761 0.45
159,540 Expeditors International Washington Inc. 18,839,806 2.01
259,145 Franklin Resources Inc. 7,631,697 0.81
574,817 HP inc. 19,040,939 2.03
144,602 Huntington Bancshares Inc. 1,960,748 0.21
77,771 IBM Corp. 9,140,760 0.98
193,548 Intel Corp. 8,765,144 0.94
541,269 Interpublic Group of Companies Inc. 17,824,942 1.90
304,595 Iron Mountain Inc. 14,016,405 1.49
23,514 Kimberly-Clark Corp. 2,955,171 0.32
1,031,251 Kinder Morgan Inc. 14,382,379 1.54
25,025 Lam Research Corp. 15,825,474 1.69
12,321 Lear Corp. 1,982,173 0.21
152,845 Microsoft Corp. 45,202,981 4.82
38,854 Morgan Stanley 3,353,771 0.36
20,262 Motorola Inc. 4,841,000 0.52
179,655 NetApp Inc. 14,532,592 1.55
372,423 Newmont Corp. 20,311,005 2.17
290,314 Omnicom Group Inc. 18,704,983 2.00
78,990 Pfizer Inc. 4,101,618 0.44
67,859 Prudential Financial Inc. 6,458,897 0.69
35,447 Public Service Enterprise Group Inc. 2,080,002 0.22
201,998 Regions Financial Corp. 3,872,280 0.41
110,874 Robert Half International Inc. 10,872,906 1.16
55
(expressed in EUR)

14,069 Skyworks Solutions Inc. 1,919,332 0.20
40,171 Starbucks Corp. 4,131,905 0.44
96,425 T Rowe Price Group Inc. 16,673,419 1.79
118,600 Texas Instruments Inc. 19,655,771 2.11
53,752 Valero Energy Corp. 3,550,222 0.38
75,992 Verizon Communications Inc. 3,472,163 0.37
273,114 ViacomCBS Inc. - B 7,248,136 0.77
124,026 Vornado Realty Trust 4,565,361 0.49
325,283 Western Union Company 5,102,927 0.54
11,013 Whirlpool Corp. 2,272,521 0.24
604,190,763 64.51
56
Sector % NAV
Banks 7.42
Retail 6.50
Semiconductors 5.81
Software 5.22
Advertising 4.26
Insurance 3.93
Transportation 2.67
Precious metals 2.54
Food services 2.39
Machinery 2.13
Biotechnology 1.99
Pipelines 1.54
Home builders 1.12
Engineering and construction 1.10
Chemicals 0.53
Real estate 0.51
Agriculture 0.43
Media 0.37
Toys and games 0.26
Food 0.20
Iron and steel 0.17
Stores 0.15
Beverages 0.13
Cosmetics and personal care 0.13
57
(expressed in EUR)
CHF Equities
231,381 Nestle SA - Reg 28,458,151 2.84
20,116 Partners Group Holding AG - Reg 29,363,662 2.93
57,821,813 5.77
DKK Equities
241,570 Novo-Nordisk A/S - B 23,872,513 2.37
109,006 Novozymes A/S - B 7,873,253 0.78
31,745,766 3.15
EUR Equities
7,884 Adyen NV 18,223,866 1.81
38,665 ASML Holding NV 27,324,556 2.71
147,598 HelloFresh SE 9,968,769 0.99
293,533 Neste Oyj 12,727,591 1.27
525,394 Siemens Gamesa Renewable Energy SA 11,070,052 1.10
91,700,911 9.11
GBP Equities
1,367,455 3i Group plc 23,599,758 2.35
1,186,362 Compass Group 23,328,694 2.32
860,986 RELX plc 24,631,747 2.45
177,936 Unilever plc 8,361,650 0.83
79,921,849 7.95
HKD Equities
1,871,600 AIA Group Limited 16,592,441 1.65
16,592,441 1.65
JPY Equities
52,200 Daikin Industries Limited 10,399,801 1.04
329,300 Recruit Holdings Company Limited 17,531,924 1.74
27,931,725 2.78
SEK Equities
428,761 Atlas Copco AB - A 26,060,318 2.59
26,060,318 2.59
USD Equities
59,857 Adobe Inc. 29,847,441 2.97
15,042 Alphabet Inc. - A 38,319,800 3.81
3,103 Alphabet Inc. - C 7,895,541 0.79
66,226 Anthem Inc. 26,994,724 2.69
136,977 Apple Inc. 21,388,503 2.13
143,249 Aptiv plc 20,778,159 2.07
394,379 Brown & Brown Inc. 24,372,983 2.42
121,013 Chubb Limited 20,570,720 2.05
429,606 Comcast Corp. - A 19,013,428 1.89
63,465 Estee Lauder Companies Inc. 20,660,168 2.06
105,546 Eversource Energy 8,444,051 0.84
48,055 Illumina Inc. 16,076,367 1.60
49,806 Intuit Inc. 28,171,136 2.80
58
(expressed in EUR)

33,977 Intuitive Surgical Inc. 10,735,083 1.07
38,274 Linde plc 11,659,569 1.16
105,589 Match Group Inc. 12,279,410 1.22
164,610 Microsoft Corp. 48,682,408 4.85
31,197 Moody’s Corp. 10,714,847 1.07
125,097 Nasdaq Omx Group Inc. 23,102,023 2.31
31,415 Netflix Inc. 16,642,326 1.66
153,039 Nike Inc. 22,429,661 2.23
63,075 Nordson Corp. 14,158,596 1.41
110,190 Northern Trust Corp. 11,589,717 1.15
79,062 Nvidia Corp. 20,447,524 2.04
60,885 S&P Global Inc. 25,266,847 2.51
49,395 Solaredge Technologies Inc. 12,186,735 1.21
42,776 Thermo Fisher Scientific Inc. 25,098,363 2.50
66,466 Ulta Beauty Inc. 24,100,062 2.40
109,658 Visa Inc. 20,896,927 2.08
88,336 Zoetis Inc. 18,955,886 1.89
656,966,959 65.40
Total Net Assets 1,004,787,028 100.00
59
Sector % NAV
Software 13.13
Insurance 6.12
Food services 5.99
Semiconductors 4.75
Media 4.60
Machinery 2.59
Retail 2.40
Apparel 2.23
Biotechnology 1.60
Energy - alternate sources 1.21
Banks 1.15
Food 0.99
Chemicals 0.78
60
(expressed in EUR)
AUD Equities
16,161 Afterpay Touch Group Limited 857,682 0.03
14,067 Ampol Limited 266,747 0.01
58,617 Apa Group 377,007 0.01
13,715 ASX Limited 814,590 0.03
258,855 Aurizon Holdings Limited 577,576 0.02
123,207 Ausnet Services Holding 202,440 0.01
16,955 Bluescope Steel Limited 226,554 0.01
89,091 Brambles Limited 605,473 0.02
2,157 Cochlear Limited 298,039 0.01
60,452 Coles Group Limited 693,363 0.02
27,156 Computershare Limited 347,235 0.01
15,618 Crown Resorts Limited 119,422 0.00
23,564 CSL Limited 4,379,770 0.15
69,642 Dexus 495,112 0.02
89,241 Endeavour Group Limiteda 384,549 0.01
78,253 Goodman Group 1,325,789 0.04
96,811 Gpt Group 335,468 0.01
25,690 James Hardie Industries plc 908,274 0.03
39,245 Lendlease Group 268,219 0.01
115,485 Medibank Private Limited 247,342 0.01
179,713 Mirvac Group 334,349 0.01
176,563 National Australia Bank Limited 3,255,535 0.11
36,484 Newcrest Mining Limited 571,007 0.02
45,486 Northern Star Resources Limited 273,650 0.01
22,845 Orica Limited 199,950 0.01
96,139 Origin Energy Limited 322,076 0.01
228,910 Qantas Airways Limited 733,213 0.02
98,789 QBE Insurance Group Limited 716,856 0.02
12,370 Ramsay Health Care Limited 565,462 0.02
2,150 Rea Group Limited 230,432 0.01
18,885 Rio Tinto Limited 1,208,709 0.04
153,485 Santos Limited 619,188 0.02
299,279 Scentre Group 604,631 0.02
13,377 Seek Limited 280,346 0.01
45,119 Sonic Healthcare Limited 1,345,093 0.05
463,128 South32 Limited 1,187,334 0.04
119,489 Stockland 323,908 0.01
79,392 Suncorp-Metway Limited 561,891 0.02
47,845 Sydney Airport Finance Company Pty Limited 265,512 0.01
120,608 Tabcorp Holdings Limited 387,086 0.01
61
(expressed in EUR)
AUD Equities (continued)

223,357 Telstra Corp. Limited 596,902 0.02
173,389 Transurban Group 1,531,994 0.05
25,352 Treasury Wine Estates Limited 200,660 0.01
257,675 Vicinity Centres 278,411 0.01
58,521 Wesfarmers Limited 2,218,676 0.07
6,265 WiseTech Global Limited 234,638 0.01
41,508 Woodside Petroleum Limited 581,966 0.02
7,547 Xero Limited 682,455 0.02
56,856,065 1.90
CAD Equities
15,753 Agnico-Eagle Mines Limited 736,845 0.02
35,600 Air Canada 523,670 0.02
32,000 Algonquin Power & Utilities Corp. 407,002 0.01
55,500 Alimentation Couche-Tard Inc. 2,047,752 0.07
15,760 Altagas Limited 299,631 0.01
17,800 Ballard Power Systems Inc. 196,903 0.01
34,250 Bank of Montreal 3,247,239 0.11
86,927 Barrick Gold Corp. 1,455,386 0.05
18,200 Bausch Health Cos Inc. 442,693 0.01
15,861 BCE Inc. 726,659 0.02
42,100 BlackBerry Limited 346,424 0.01
55,000 CAE Inc. 1,221,794 0.04
18,150 Cameco Corp. 348,481 0.01
12,500 Canadian Apartment Properties 521,771 0.02
40,250 Canadian National Railway Company 4,353,810 0.15
60,200 Canadian Natural Resources Limited 2,240,024 0.08
61,188 Canadian Pacific Railway Company 3,875,436 0.13
3,400 Canadian Tire Corp. Limited - A 429,458 0.01
5,250 Canadian Utilities Limited 134,096 0.00
9,000 Canopy Growth Corp. 69,170 0.00
4,750 CCL Industries Inc. 224,297 0.01
71,823 Cenovus Energy Inc. 775,504 0.03
15,800 CGI Inc. 1,230,273 0.04
1,250 Constellation Software Inc. 2,042,304 0.07
14,400 Dollarama Inc. 634,663 0.02
13,400 Emera Inc. 589,750 0.02
9,900 Empire Company Limited 265,617 0.01
114,000 Enbridge Inc. 3,921,282 0.12
1,250 Fairfax Financial Holdings Limited 541,472 0.02
40,151 First Quantum Minerals Limited 846,091 0.03
4,000 FirstService Corp. 692,261 0.02
19,651 Fortis Inc. 834,904 0.03
11,700 Franco-Nevada Corp. 1,424,897 0.05
6,633 George Weston Limited 677,221 0.02
62
(expressed in EUR)
CAD Equities (continued)

7,300 Gildan Activewear Inc. 272,546 0.01
22,050 Great-West Lifeco Inc. 582,698 0.02
12,050 Hydro One Limited 276,073 0.01
2,800 IA Financial Corp. Inc. 141,086 0.00
3,050 IGM Financial Inc. 96,864 0.00
21,750 Imperial Oil Limited 690,753 0.02
11,100 Intact Financial Corp. 1,270,533 0.04
12,039 Keyera Corp. 239,112 0.01
86,991 Kinross Gold Corp. 444,507 0.01
10,300 Kirkland Lake Gold Limited 380,105 0.01
12,900 Lightspeed Commerce Inc. 458,721 0.02
13,580 Loblaw Companies Limited 979,796 0.03
41,500 Lundin Mining Corp. 285,439 0.01
16,935 Metro Inc. 793,666 0.03
12,086 Northland Power Inc. 319,303 0.01
31,100 Nutrien Limited 2,058,534 0.07
3,750 Onex Corp. 259,180 0.01
13,400 Open Text Corp. 560,085 0.02
35,319 Pembina Pipeline Corp. 943,428 0.03
35,477 Power Corp. of Canada 1,032,361 0.03
13,350 Restaurant Brands International Inc. 712,829 0.02
3,650 Riocan Real Estate Investment Trust 58,290 0.00
5,900 Ritchie Bros Auctioneers Inc. 317,949 0.01
16,150 Rogers Communications Inc. - B 677,164 0.02
11,850 Saputo Inc. 235,110 0.01
19,000 Shaw Communications Inc. - B 507,785 0.02
6,300 Shopify Inc. 7,638,707 0.26
36,650 Sun Life Financial Inc. 1,796,457 0.06
82,218 Suncor Energy Inc. 1,811,545 0.06
55,469 TC Energy Corp. 2,271,735 0.08
34,873 Teck Resources Limited 884,417 0.03
41,244 Telus Corp. 855,342 0.03
9,509 Thomson Reuters Corp. 1,001,373 0.03
4,500 TMX Group Limited 401,771 0.01
8,000 Toromont Industries Limited 636,902 0.02
6,400 Tourmaline Oil Corp. 181,959 0.01
21,864 Wheaton Precious Metals Corp. 826,186 0.03
5,100 WSP Global Inc. 651,962 0.02
96,295,951 3.21
CHF Equities
98,659 ABB Limited - Reg 3,323,038 0.11
14,661 Adecco Group AG - Reg 659,360 0.02
22,414 Alcon Inc. 1,746,552 0.06
63
(expressed in EUR)
CHF Equities (continued)

2,239 Baloise Holding AG P.P. 144A - Reg 322,185 0.01
79 Barry Callebaut AG - Reg 168,955 0.01
11,315 Clariant AG - Reg 207,482 0.01
26,177 Compagnie Financiere Richemont SA - Reg 3,459,833 0.12
174,589 Credit Suisse Group AG - Reg 1,494,898 0.05
397 Ems-Chemie Holding AG - Reg 391,192 0.01
2,209 Geberit AG - Reg 1,588,700 0.05
528 Givaudan - Reg 2,441,878 0.08
15,072 Holcim Limited - Reg 676,535 0.02
19,021 Julius Baer Group Limited 1,123,094 0.04
2,891 Kuehne + Nagel International AG - Reg 821,408 0.03
4 Lindt & Spruengli AG - Reg 471,742 0.02
50 Lindt & Spruengli AG 609,462 0.02
4,282 Lonza Group AG - Reg 3,147,363 0.11
154,714 Nestle SA - Reg 19,028,676 0.64
115,000 Novartis AG - Reg 8,910,015 0.30
36,239 Roche Holding AG 13,258,769 0.45
1,655 Schindler Holding AG 392,123 0.01
1,077 Schindler Holding AG - Reg 254,033 0.01
340 SGS SA - Reg 999,826 0.03
6,880 Sika AG 2,524,491 0.09
3,377 Sonova Holding AG - Reg 1,166,124 0.04
628 Straumann Holding AG - Reg 1,173,985 0.04
1,534 Swatch Group AG 413,050 0.01
1,891 Swatch Group AG - Reg 97,547 0.00
2,642 Swiss Life Holding AG - Reg 1,425,338 0.05
4,465 Swiss Prime Site AG - Reg 386,318 0.01
9,523 Swiss Re Limited 829,550 0.03
1,505 Swisscom AG - Reg 747,445 0.03
3,628 Temenos Group AG - Reg 441,350 0.01
196,261 UBS Group AG 3,110,143 0.10
6,013 Vifor Pharma AG 941,562 0.03
8,009 Zurich Financial Services AG - Reg 3,094,893 0.10
84,745,137 2.85
DKK Equities
13,514 Ambu A/S - B 314,339 0.01
152 AP Moller - Maersk A/S - A 445,112 0.01
4,786 Carlsberg A/S - B 726,820 0.02
6,443 Chr Hansen Holding A/S 446,478 0.01
7,055 Coloplast A/S - B 1,091,793 0.04
6,054 Demant A/S 272,762 0.01
12,325 DSV A/S 2,531,255 0.09
4,597 Genmab A/S 1,625,541 0.05
90,620 Novo-Nordisk A/S - B 8,955,280 0.30
14,084 Novozymes A/S - B 1,017,255 0.03
64
(expressed in EUR)
DKK Equities (continued)

9,054 Orsted AS 1,016,714 0.03
4,805 Pandora A/S 526,783 0.02
20,327 Tryg A/S 441,381 0.01
49,825 Vestas Wind Systems AS 1,339,817 0.03
21,902,140 0.70
EUR Equities
18,662 ABN Amro Bank NV 241,038 0.01
9,216 Accor SA 262,195 0.01
21,835 ACS Actividades de Construccion y Servicios 514,651 0.02
10,033 Adidas AG 2,540,356 0.09
922 Adyen NV 2,131,203 0.07
99,009 Aegon NV 434,947 0.01
6,621 Aena SME SA 918,995 0.03
4,298 Aeroports de Paris 486,963 0.02
7,101 Ageas SA 323,451 0.01
26,352 Air Liquide SA 4,040,289 0.13
13,084 Akzo Nobel NV 1,262,606 0.04
22,655 Allianz SE - Reg 4,704,311 0.16
16,217 Alstom SA 506,295 0.02
30,778 Amadeus IT Holding SA 1,835,600 0.06
2,517 Amundi SA 182,608 0.01
48,901 Anheuser-Busch InBev SA/ NV 2,600,066 0.09
34,486 ArcelorMittal SA 970,608 0.03
2,088 Argenx SE 658,346 0.02
3,274 Arkema SA 405,485 0.01
36,727 Aroundtown SA 195,388 0.01
2,538 ASM International NV 986,521 0.03
22,273 ASML Holding NV 15,740,328 0.53
61,915 Assicurazioni Generali SpA 1,153,476 0.04
125,664 AXA SA 3,290,512 0.11
1,189,296 Banco Santander Central Hispano 3,497,125 0.12
50,136 BASF SE 3,097,402 0.10
61,095 Bayer AG 2,871,465 0.10
8,285 Bayerische Motoren Werke AG Pfd 607,291 0.02
4,767 Beiersdorf AG 430,841 0.01
1,520 Biomerieux 189,848 0.01
66,592 BNP Paribas 4,046,796 0.14
34,241 Bollore Investissement 168,466 0.01
25,950 Bouygues SA 817,166 0.03
5,820 Brenntag AG 463,156 0.02
23,087 Bureau Veritas SA 673,679 0.02
174,350 Caixabank SA 420,881 0.01
9,014 Capgemini SE 1,942,517 0.07
37,594 Carrefour SA 605,451 0.02
30,161 Cellnex Telecom SA 1,543,640 0.05
75,033 CNH Industrial NV 1,280,813 0.04
65
(expressed in EUR)

9,705 CNP Assurances 211,084 0.01
4,118 Colruyt SA 153,437 0.01
46,063 Commerzbank AG 308,115 0.01
5,141 Continental AG 478,679 0.02
9,854 Covestro AG 534,087 0.02
2,735 Covivio 197,467 0.01
56,889 Credit Agricole 713,957 0.02
52,087 CRH plc 2,423,087 0.08
51,660 Daimler AG - Reg 3,491,699 0.12
32,179 Danone SA 1,756,651 0.06
41,150 Dassault Systemes SE 2,152,557 0.07
48,957 Davide Campari-Milano NV 629,342 0.02
9,645 Delivery Hero AG 945,210 0.03
109,008 Deutsche Bank AG - Reg 1,201,050 0.04
10,101 Deutsche Boerse AG 1,485,857 0.05
55,894 Deutsche Lufthansa AG - Reg 345,425 0.01
1,910 Diasorin SpA 319,830 0.01
134,960 E.ON SE 1,645,432 0.06
18,349 Edenred 744,419 0.03
8,187 Eiffage SA 740,596 0.02
31,898 Electricite de France SA 329,506 0.01
3,394 Elisa Oyj 183,683 0.01
12,290 Enagas SA 250,716 0.01
13,224 Endesa SA 267,125 0.01
436,453 Enel SpA 3,075,248 0.10
304,037 Energias de Portugal SA 1,469,107 0.05
127,433 Engie SA 1,658,413 0.06
178,221 ENI SpA 2,177,861 0.07
16,723 Erste Group Bank AG 691,496 0.02
14,411 Essilor International SA 2,698,316 0.09
1,509 Eurazeo 115,891 0.00
6,940 Eurofins Scientific SE 755,072 0.03
7,337 Evonik Industries AG 208,884 0.01
6,021 Exor NV 475,418 0.02
5,021 Faurecia 209,419 0.01
6,417 Ferrari NV 1,459,868 0.05
50,902 Ferrovial SA 1,402,859 0.05
8,368 Flutter Entertainment plc 1,163,152 0.04
27,853 Fortum Oyj 751,752 0.03
11,145 Fresenius Medical Care AG & Company KGaA 636,825 0.02
21,602 Fresenius SE & Company Kgaa 764,711 0.03
2,019 Fuchs Petrolub SE 80,598 0.00
31,895 Galp Energia SGPS SA 271,745 0.01
8,259 Gea Group AG 397,175 0.01
66
(expressed in EUR)

2,667 Gecina SA 327,774 0.01
36,995 Getlink SE 538,647 0.02
11,361 Grifols SA 191,717 0.01
10,664 Groupe Bruxelles Lambert SA 1,046,779 0.04
2,108 Hannover Rueckversicherung AG - Reg 352,352 0.01
436 HeidelbergCement AG 25,951 0.00
5,557 Heineken Holding NV 450,951 0.02
12,740 Heineken NV 1,259,476 0.04
9,422 HelloFresh SE 636,362 0.02
3,641 Henkel AG & Company KGaA 250,137 0.01
10,473 Henkel AG & Company KGaA Pfd 745,049 0.03
12,027 Holcim Limited 538,208 0.02
332,792 Iberdrola SA 3,464,365 0.12
50,523 Inditex SA 1,441,421 0.05
190,895 ING Groep NV 2,336,937 0.08
781,482 Intesa Sanpaolo SpA 1,777,090 0.06
6,921 Ipsen SA 557,141 0.02
18,137 Jeronimo Martins SGPS SA 364,554 0.01
6,282 Just Eat Takeaway 304,489 0.01
13,274 KBC Group NV 1,001,656 0.03
4,233 Kering SA 2,992,308 0.10
10,858 Kerry Group plc - A 1,224,014 0.04
7,772 Kingspan Group plc 816,060 0.03
3,245 Kion Group AG 313,078 0.01
8,335 Klepierre SA 173,785 0.01
3,802 Knorr-Bremse AG 330,394 0.01
18,118 Kone Oyj - B 1,142,159 0.04
8,259 Koninklijke DSM NV 1,635,282 0.05
3,935 Lanxess AG 214,458 0.01
4,484 LEG Immobilien SE 550,187 0.02
17,712 Legrand SA 1,822,565 0.06
12,891 Linde plc 3,944,646 0.13
13,814 L’Oreal SA 5,759,747 0.19
15,018 Louis Vuitton Moet Hennessy SE 10,918,086 0.37
25,237 Mediobanca Banca di Credito Finanziario SpA 255,146 0.01
10,725 Merck KGaA 2,434,575 0.08
9,165 Michelin 1,321,135 0.04
8,668 Moncler SpA 554,925 0.02
8,040 Mtu Aero Engines Holding AG 1,442,376 0.05
7,713 Muenchener Rueckversicherungs AG - Reg 2,009,237 0.07
12,385 Naturgy Energy Group SA 354,583 0.01
6,972 Nemetschek SE 786,442 0.03
25,683 Neste Oyj 1,113,615 0.04
28,590 Nexi SpA 399,974 0.01
15,364 NN Group NV 731,480 0.02
67
(expressed in EUR)

337,649 Nokia Oyj 1,880,685 0.06
10,743 OMV AG 536,613 0.02
102,973 Orange SA 969,285 0.03
3,750 Orion Oyj 136,950 0.00
3,731 Orpea SA 328,701 0.01
10,803 Pernod-Ricard SA 2,284,835 0.08
47,125 Philips NV 1,544,051 0.05
8,459 Porsche Automobil Holding SE Pfd 705,819 0.02
33,117 Poste Italiane SpA 382,170 0.01
46,551 Prosus NV 3,422,895 0.11
10,881 Proximus SA 186,500 0.01
9,879 Prysmian SpA 327,094 0.01
14,200 Publicis Groupe SA 840,639 0.02
2,880 Puma SE 309,600 0.01
8,371 Qiagen NV 410,095 0.01
3,843 Raiffeisen International Bank Holding AG 99,457 0.00
4,391 Randstad Holding NV 263,636 0.01
15,673 Recordati SpA 885,525 0.03
14,364 Red Electrica Corp. SA 273,275 0.01
808 Remy Cointreau 172,912 0.01
9,145 Renault SA 279,334 0.01
96,258 Repsol YPF SA 1,004,548 0.03
121,007 Royal KPN NV 330,349 0.01
26,804 RWE AG 957,439 0.03
18,574 Sampo Oyj - A 818,370 0.03
65,875 Sanofi 5,835,208 0.20
56,428 SAP SE 7,047,857 0.24
1,514 Sartorius AG 901,133 0.03
2,375 Sartorius Stedim Biotech 1,145,700 0.05
31,392 Schneider Electric SA 5,414,540 0.18
5,080 Scout24 AG 312,014 0.01
47,103 Siemens AG - Reg 7,191,686 0.23
23,551 Siemens Energy AG 529,662 0.02
9,639 Siemens Gamesa Renewable Energy SA 203,094 0.01
16,464 Siemens Healthineers AG 1,083,660 0.03
18,553 Smurfit Kappa Group plc 898,707 0.03
121,798 Snam SpA 645,529 0.02
5,476 Sodexo SA 421,981 0.01
5,711 Solvay SA - A 583,664 0.02
109,263 Stellantis NV 1,823,162 0.06
34,714 Stora Enso Oyj 560,284 0.02
3,648 Suez SA 72,267 0.00
7,373 Symrise AG 960,702 0.03
356,593 Telecom Italia SpA 154,833 0.01
26,978 Telefonica Deutschland Holding AG 65,853 0.00
281,440 Telefonica SA 1,084,107 0.04
68
(expressed in EUR)

4,484 Teleperformance 1,757,728 0.06
22,207 Tenaris SA 204,526 0.01
75,100 Terna - Rete Elettrica Nazionale 534,261 0.02
3,980 Ubisoft Entertainment SA 171,419 0.01
13,774 UCB SA 1,382,221 0.05
10,487 Umicore SA 374,910 0.01
6,659 Unibail-Rodamco-Westfield SE 410,328 0.01
105,932 UniCredit SpA 1,434,743 0.05
11,109 Uniper SE 464,356 0.02
3,883 United Internet AG - Reg 135,672 0.00
59,760 Universal Music Group NV 1,480,852 0.05
30,498 Upm-Kymmene Oyj 1,020,463 0.04
12,408 Valeo SA 329,805 0.01
31,911 Veolia Environnement SA 1,029,449 0.03
28,585 Vinci SA 2,655,832 0.08
59,760 Vivendi SA 710,546 0.02
9,923 Volkswagen AG Pfd 1,761,134 0.06
45,677 Vonovia SE 2,215,334 0.07
21,431 Wartsila Oyj 264,887 0.01
1,162 Wendel Investissement 122,475 0.01
14,389 Wolters Kluwer NV 1,490,700 0.05
11,076 Worldline SA 542,835 0.02
7,037 Zalando SE 500,612 0.02
279,096,578 9.40
GBP Equities
43,137 3i Group plc 744,465 0.03
102,603 Aberdeen plc 294,390 0.01
9,810 Admiral Group plc 368,867 0.01
13,566 Antofagasta plc 216,270 0.01
28,278 Ashtead Group plc 2,001,278 0.07
19,079 Associated British Foods plc 456,295 0.02
77,387 Astrazeneca plc 7,998,596 0.27
37,215 Auto Trader Group plc 328,002 0.01
4,712 Aveva Group plc 191,039 0.01
241,007 Aviva plc 1,178,048 0.04
923,068 Barclays plc 2,055,897 0.07
44,949 Barratt Developments plc 400,450 0.01
4,062 Berkeley Group Holdings plc 231,015 0.01
123,906 BHP Group plc 3,245,955 0.11
1,148,576 BP plc 4,521,238 0.15
116,772 British American Tobacco plc 3,801,753 0.13
126,930 British Land Company plc 802,759 0.03
472,554 BT Group plc 954,279 0.03
24,462 Bunzl plc 840,551 0.03
19,632 Burberry Group plc 424,977 0.01
6,903 Coca-Cola HBC AG 210,066 0.01
69
(expressed in EUR)
GBP Equities (continued)

96,415 Compass Group 1,895,910 0.07
11,160 Croda International plc 1,345,150 0.05
8,229 DCC plc 592,964 0.02
130,248 Diageo plc 6,261,067 0.21
32,787 Entain plc 657,222 0.02
46,911 Experian plc 2,029,302 0.07
13,428 Ferguson plc 2,095,919 0.07
470,946 Glencore plc 2,103,152 0.07
20,264 Halma plc 772,327 0.03
22,914 Hargreaves Lansdown plc 369,800 0.01
16,856 Hikma Pharmaceuticals plc 445,490 0.01
1,157,918 HSBC Holdings plc 6,187,449 0.21
46,397 Imperial Brands plc 893,288 0.03
92,675 Informa plc 570,221 0.02
7,490 InterContinental Hotels Group plc 426,508 0.01
7,891 Intertek Group plc 529,135 0.02
23,739 J Sainsbury plc 77,980 0.00
10,034 Johnson Matthey plc 244,515 0.01
100,011 Kingfisher plc 402,973 0.01
57,734 Land Securities Capital Markets plc 533,880 0.02
3,742,408 Lloyds Banking Group plc 2,130,616 0.07
18,816 London Stock Exchange Group plc 1,553,054 0.05
142,182 M&G plc 337,842 0.01
213,181 Melrose Industries plc 405,997 0.01
21,196 Mondi plc 460,979 0.02
210,011 National Grid plc 2,650,892 0.09
245,598 NatWest Group plc 660,211 0.02
2,902 Next plc 281,696 0.01
23,451 Ocado Group plc 468,683 0.02
35,706 Pearson plc 260,777 0.01
13,419 Persimmon plc 456,462 0.02
142,182 Prudential plc 2,158,294 0.07
43,597 Reckitt Benckiser Group plc 3,293,131 0.11
107,308 RELX plc 3,069,949 0.10
95,389 Rentokil Initial plc 663,494 0.02
59,534 Rio Tinto plc 3,468,787 0.12
217,662 Royal Dutch Shell plc - A 4,204,419 0.14
54,894 Sage Group plc 557,438 0.02
5,785 Schroders plc 245,290 0.01
59,657 Scottish & Southern Energy plc 1,171,678 0.04
61,989 Segro plc 1,060,587 0.04
8,313 Severn Trent plc 291,786 0.01
37,323 Smith & Nephew plc 575,002 0.02
55,575 Smiths Group plc 1,045,503 0.04
3,797 Spirax-Sarco Engineering plc 725,841 0.02
70
(expressed in EUR)

19,761 St James’s Place plc 396,231 0.01
183,464 Taylor Wimpey plc 383,490 0.01
458,034 Tesco plc 1,581,510 0.05
142,922 Unilever plc 6,716,256 0.23
28,479 United Utilities Group plc 369,385 0.01
12,106 Whitbread plc 431,841 0.01
57,071 WPP plc 760,967 0.03
119,141,563 4.01
HKD Equities
630,600 AIA Group Limited 5,590,506 0.19
216,500 Boc Hong Kong Holdings Limited 623,912 0.02
69,000 Budweiser Brewing Company APAC Limited 159,154 0.01
165,864 CK Hutchison Holdings Limited 941,011 0.03
24,500 CK Infrastructure Holdings 137,202 0.00
86,000 CLP Holdings Limited 763,877 0.03
140,000 Galaxy Entertainment Group Limited 637,946 0.02
95,000 Hang Lung Properties Limited 171,871 0.01
44,100 Hang Seng Bank Limited 709,802 0.02
113,535 Henderson Land Development Company Limited - ADR 425,150 0.01
99,000 HKT Trust and Hkt Limited 117,023 0.00
769,512 Hong Kong & China Gas Company Limited 1,053,679 0.03
68,887 Hong Kong Exchanges and Clearing Limited 3,538,384 0.12
120,006 Link Real Estate Investment Trust 929,219 0.03
83,777 MTR Corp. 395,453 0.01
59,328 New World Development Company Limited 206,438 0.01
55,000 Power Assets Holdings Limited 301,491 0.01
99,740 Sands China Limited 204,296 0.01
143,016 Sino Land Company Limited 156,631 0.01
83,592 Sun Hung Kai Properties Limited 891,930 0.04
25,500 Swire Pacific Limited - A 127,558 0.00
48,356 Swire Properties Limited 106,574 0.00
52,000 Techtronic Industries Company 910,269 0.03
297,850 WH Group Limited 164,279 0.01
20,350,026 0.68
ILS Equities
7,806 Azrieli Group 655,016 0.02
76,647 Bank Hapoalim BM 695,132 0.02
95,506 Bank Leumi Le-Israel BM 902,597 0.03
0 Isracard Limited 1 0.00
4,206 Nice Limited 1,130,932 0.04
3,383,678 0.11
71
(expressed in EUR)
JPY Equities
10,800 Advantest Corp. 898,940 0.03
37,300 Aeon Company Limited 771,611 0.03
8,600 AGC Inc. 360,538 0.01
7,100 Aisin Corp. 239,099 0.01
21,700 Ajinomoto Company Inc. 579,477 0.02
39,800 All Nippon Airways Company Limited 730,783 0.02
21,000 Asahi Group Holdings Limited 717,457 0.02
35,000 Asahi Kasei Corp. 288,918 0.01
11,300 Bandai Namco Holdings Inc. 776,089 0.03
7,600 Brother Industries Limited 128,317 0.00
57,900 Canon Inc. 1,238,431 0.05
8,000 Central Japan Railway Company 937,427 0.03
27,000 Chiba Bank Limited 135,872 0.00
34,400 Chubu Electric Power Company Inc. 318,377 0.01
57,000 Chugai Pharmaceutical Company Limited 1,625,721 0.05
43,600 Concordia Financial Group Limited 139,169 0.00
17,200 Cyberagent Inc. 251,392 0.01
13,000 Dai Nippon Printing Company Limited 287,192 0.01
6,700 Daifuku Company Limited 480,931 0.02
58,200 Dai-ichi Mutual Life Insurance Company 1,033,522 0.03
101,700 Daiichi Sankyo Company Limited 2,271,576 0.08
4,000 Daito Trust Construction Company Limited 402,278 0.01
32,500 Daiwa House Industry Company Limited 820,974 0.03
44 Daiwa House Residential Investment Corp. 117,094 0.00
66,000 Daiwa Securities Group Inc. - ADR 326,940 0.01
25,500 Denso Corp. 1,855,529 0.06
14,400 Dentsu Inc. 450,845 0.02
1,300 Disco Corp. 348,939 0.01
17,700 East Japan Railway Company 955,999 0.03
15,200 Eisai Company Limited 758,060 0.03
11,000 Fanuc Corp. 2,047,891 0.07
3,100 Fast Retailing Company Limited 1,546,044 0.05
7,400 Fuji Electric Holdings Company Limited 354,872 0.01
11,500 Fujitsu Limited 1,732,628 0.06
424 GLP J-REIT 643,993 0.02
1,900 Gmo Payment Gateway Inc. 208,203 0.01
6,500 Hakuhodo Dy Holdings Inc. 95,102 0.00
4,300 Hamamatsu Photonics KK 241,016 0.01
21,800 Hankyu Hanshin Holdings Inc. 543,526 0.02
40,800 Hino Motors Limited 295,358 0.01
984 Hirose Electric Company Limited 145,322 0.00
5,900 Hitachi Construction Machinery Company Limited 149,804 0.01
72
(expressed in EUR)

53,000 Hitachi Limited 2,521,415 0.08
2,300 Hoshizaki Electric Company Limited 151,923 0.01
19,900 Hoya Corp. 2,600,060 0.08
10,400 Hulic Company Limited 86,723 0.00
11,939 Idemitsu Kosan Company Limited 267,764 0.01
5,000 Iida Group Holdings Company Limited 102,173 0.00
72,900 Inpex Corp. 557,796 0.02
22,300 Isuzu Motors Limited 243,683 0.01
85,900 Itochu Corp. 2,307,647 0.08
41,500 Japan Airlines Company Limited 695,923 0.02
20,100 Japan Exchange Group Inc. 386,485 0.01
334 Japan Metropolitan Fund Investment 252,755 0.01
20,300 Japan Post Bank Company Limited 163,542 0.01
178,700 Japan Post Holdings Company Limited 1,223,772 0.04
50 Japan Real Estate Investment Corp. 249,324 0.01
59,400 Japan Tobacco Inc. 1,053,471 0.04
42,300 Jfe Holdings Inc. 473,861 0.02
6,100 JSR Corp. 203,793 0.01
22,000 Kajima Corp. 221,925 0.01
5,600 Kakaku.Com Inc. 131,283 0.00
43,800 Kansai Electric Power Company Inc. 359,219 0.01
8,000 Kansai Paint Company Limited 152,725 0.01
27,400 Kao Corp. 1,259,376 0.04
91,800 KDDI Corp. 2,356,790 0.08
4,500 Keio Corp. 174,221 0.01
5,300 Keisei Electric Railway Company Limited 125,868 0.00
10,088 Keyence Corp. 5,568,057 0.19
5,500 Kikkoman Corp. 406,134 0.01
11,200 Kintetsu Corp. 274,966 0.01
38,100 Kirin Holdings Company Limited 537,369 0.02
2,000 Kobayashi Pharmaceutical Company 138,064 0.00
3,700 Koito Manufacturing Company Limited 172,068 0.01
53,900 Komatsu Limited 1,108,629 0.04
4,100 Konami Corp. 172,824 0.01
1,500 Kose Corp. 149,480 0.01
53,300 Kubota Corp. 1,039,306 0.03
5,500 Kurita Water Industries Limited 229,317 0.01
18,400 Kyocera Corp. 1,009,825 0.03
33,300 Kyowa Kirin Company Limited 797,191 0.03
4,100 Lasertec Corp. 1,104,882 0.04
5,000 Lion Corp. 58,685 0.00
11,700 Lixil Corp. 273,840 0.01
24,800 M3 Inc. 1,097,073 0.04
10,400 Makita Corp. 387,794 0.01
145,200 Marubeni Corp. 1,241,284 0.04
22,100 Mazda Motor Corp. 149,354 0.01
2,000 McDonald’s Holdings Company Japan Limited 77,737 0.00
73
(expressed in EUR)

4,234 Meiji Holdings Company Limited 221,797 0.01
4,600 Mercari Inc. 205,843 0.01
19,300 Minebea Company Limited 481,195 0.02
13,200 Misumi Group Inc. 475,769 0.02
56,300 Mitsubishi Chemical Holdings Corp. 366,293 0.01
83,000 Mitsubishi Corp. 2,314,670 0.08
111,000 Mitsubishi Electric Corp. 1,236,260 0.04
52,000 Mitsubishi Estate Company Limited 633,153 0.02
8,900 Mitsubishi Gas Chemical Company Inc. 132,391 0.00
20,200 Mitsubishi Heavy Industries Limited 410,157 0.01
13,500 Mitsubishi UFJ Lease & Finance Company Limited 58,658 0.00
7,600 Mitsui Chemicals Inc. 179,330 0.01
48,300 Mitsui Fudosan Company Limited 840,382 0.04
20,550 MS&AD Insurance Group Holdings 556,927 0.02
29,100 Murata Manufacturing Company Limited 2,034,823 0.07
8,200 NEC Corp. 332,498 0.01
26,700 Nexon Company Limited 453,447 0.02
28,700 NGK Insulators Limited 426,048 0.01
23,000 Nidec Corp. 2,374,570 0.08
16,200 Nihon M&A Center Inc. 348,978 0.01
77 Nippon Building Fund Inc. 393,954 0.01
35,000 Nippon Paint Company Limited 335,155 0.01
84 Nippon Prologis REIT Inc. 261,068 0.01
5,800 Nippon Sanso Holdings Corp. 111,301 0.00
5,600 Nippon Shinyaku Company Limited 342,532 0.01
58,934 Nippon Steel & Sumitomo Metal Corporation Corp. 845,391 0.03
68,400 Nippon Telegraph & Telephone Corp. 1,645,308 0.06
5,600 Nippon Yusen Kabushiki Kaisha 374,604 0.01
130,200 Nissan Motor Company Limited 552,599 0.02
6,585 Nisshin Seifun Group Inc. 83,372 0.00
2,700 Nissin Foods Holdings Company Limited 172,984 0.01
3,300 Nitori Holdings Company Limited 434,064 0.01
6,800 Nitto Denko Corp. 461,627 0.02
201,700 Nomura Holdings Inc. 772,735 0.03
2,700 Nomura Real Estate Holdings Inc. 54,576 0.00
161 Nomura Real Estate Master Fund Inc. 198,923 0.01
18,091 Nomura Research Institute Limited 681,758 0.02
41,800 NTT Data Corp. 787,136 0.03
29,900 Obayashi Corp. 203,208 0.01
3,400 Obic Company Limited 560,807 0.02
17,500 Odakyu Electric Railway Company Limited 285,443 0.01
72,000 Oji Holdings Corp. 306,244 0.01
60,100 Olympus Corp. 1,215,959 0.04
74
(expressed in EUR)

6,700 Omron Corp. 586,327 0.02
40,300 Ono Pharmaceutical Company Limited 878,909 0.03
900 Oracle Corp. 60,067 0.00
11,700 Oriental Land Company Limited 1,732,830 0.05
72,500 Orix Corp. 1,299,643 0.04
87 Orix Jreit Inc. 119,451 0.00
22,800 Osaka Gas Company Limited 330,977 0.01
5,300 Otsuka Corp. 222,192 0.01
33,000 Otsuka Holdings Company Limited 1,050,573 0.04
20,400 Pan Pacific International Holdings Corp. 247,222 0.01
127,000 Panasonic Corp. 1,226,803 0.04
7,600 Persol Holdings Company Limited 193,839 0.01
3,000 Pola Orbis Holdings Inc. 43,916 0.00
39,500 Rakuten Inc. 348,083 0.01
41,600 Renesas Electronics Corp. 452,042 0.02
93,100 Resona Holdings Inc. 318,073 0.01
25,300 Ricoh Company Limited 206,914 0.01
800 Rinnai Corp. 63,411 0.00
4,000 Rohm Company Limited 319,806 0.01
41,000 Santen Pharmaceutical Company Limited 440,513 0.01
9,770 SBI Holdings Inc. 233,890 0.01
12,800 Secom Company Limited 780,584 0.03
9,100 Seiko Epson Corp. 143,914 0.00
17,000 Sekisui Chemical Company Limited 249,507 0.01
40,000 Sekisui House Limited 754,157 0.03
44,800 Seven & I Holdings Company Limited 1,729,679 0.06
6,100 Sharp Corp. 61,534 0.00
10,400 Shimadzu Corp. 385,570 0.01
2,900 Shimano Inc. 678,970 0.02
31,000 Shimizu Corp. 168,784 0.01
17,500 Shin-Etsu Chemical Company Limited 2,661,999 0.09
23,900 Shionogi & Company Limited 1,482,865 0.05
21,700 Shiseido Company Limited 1,062,843 0.04
19,000 Shizuoka Bank Limited 119,263 0.00
2,900 SMC Corp. 1,718,242 0.06
154,200 Softbank Corp. 1,712,689 0.06
74,500 SoftBank Group Corp. 3,091,408 0.10
2,500 Sohgo Security Services Company Limited 87,244 0.00
13,825 Sompo Holdings Inc 512,971 0.02
67,900 Sony Group Corp. 7,505,313 0.25
2,600 Square Enix Holdings Company Limited 117,140 0.00
5,700 Stanley Electric Company Limited 125,313 0.00
35,700 Subaru Corp. 560,768 0.02
9,100 Sumco Corp. 163,232 0.01
61,000 Sumitomo Chemical Company Limited 252,470 0.01
78,400 Sumitomo Corp. 1,018,060 0.03
7,300 Sumitomo Dainippon Pharma Company Limited 73,862 0.00
75
(expressed in EUR)

28,000 Sumitomo Electric Industries Limited 320,616 0.01
19,700 Sumitomo Metal Mining Company Limited 654,389 0.02
13,547 Sumitomo Mitsui Trust Holdings Inc. 397,552 0.01
15,000 Sumitomo Realty & Development Company Limited 387,502 0.01
5,300 Suntory Beverage & Food Limited 168,364 0.01
19,700 Suzuki Motor Corp. 666,273 0.02
7,200 Sysmex Corp. 854,955 0.03
24,200 T&D Holdings Inc. 272,022 0.01
15,000 Taisei Corp. 400,331 0.01
8,100 Taisho Pharmaceutical Holdings Company Limited 327,206 0.01
23,700 Tdk Corp. 812,597 0.03
32,800 Terumo Corp. 1,217,280 0.04
8,900 Tobu Railway Company Limited 178,198 0.01
4,300 Toho Company Limited 161,717 0.01
35,700 Tokio Marine Holdings Inc. 1,742,551 0.06
3,000 Tokyo Century Corp. 127,831 0.00
19,900 Tokyo Gas Company Limited 313,345 0.01
24,500 Tokyu Corp. 285,871 0.01
14,500 Toppan Printing Company Limited 238,725 0.01
59,500 Toray Industries Inc. 309,781 0.01
11,700 Tosoh Corp. 152,421 0.01
6,300 Toto Limited 254,493 0.01
2,000 Toyo Suisan Kaisha Limited 74,453 0.00
6,700 Toyota Industries Corp. 470,187 0.02
599,500 Toyota Motor Corp. 9,638,842 0.32
11,900 Toyota Tsusho Corp. 481,619 0.02
6,300 Trend Micro Inc. 307,413 0.01
2,100 Tsuruha Holdings Inc. 177,039 0.01
18,100 Unicharm Corp. 690,943 0.02
6,500 USS Company Limited 89,146 0.00
16,200 West Japan Railway Company 595,032 0.02
8,800 Yakult Honsha Company Limited 403,194 0.01
5,700 Yamaha Corp. 246,796 0.01
11,700 Yamato Holdings Company Limited 241,497 0.01
14,700 Yaskawa Electric Corp. 633,107 0.02
6,000 Yokogawa Electric Corp. 95,026 0.00
152,200 Z Holdings Corp. 775,678 0.03
4,054 ZOZO Inc. 111,137 0.00
182,359,309 6.12
NOK Equities
30,000 Adevinta ASA 350,913 0.01
65,681 DNB Bank ASA 1,323,034 0.04
55,557 Equinor ASA 1,306,913 0.04
5,720 Gjensidige Forsikring ASA 122,065 0.00
76
(expressed in EUR)
NOK Equities (continued)

34,467 Mowi ASA 717,308 0.02
40,219 Norsk Hydro ASA 278,818 0.01
29,441 Orkla ASA 259,411 0.01
35,058 Telenor ASA 484,541 0.02
6,775 Yara International ASA 300,642 0.01
5,143,645 0.16
NZD Equities
40,220 Auckland International Airport Limited 186,451 0.01
36,397 Fisher & Paykel Healthcare Corp. 717,862 0.02
66,323 Meridian Energy Limited 193,659 0.01
78,069 Spark New Zealand Limited 212,446 0.01
1,310,418 0.05
SEK Equities
14,427 Alfa Laval AB 510,603 0.02
58,608 Assa Abloy AB - B 1,572,206 0.05
35,794 Atlas Copco AB - A 2,175,578 0.08
37,264 Atlas Copco AB - B 1,926,164 0.06
12,883 Boliden AB 437,939 0.01
7,543 Electrolux AB - B 160,808 0.01
35,478 Epiroc AB - A 789,774 0.03
37,264 Epiroc AB - B 693,810 0.02
18,213 EQT AB 872,082 0.03
45,102 Essity AB - B 1,294,003 0.04
9,389 Evolution Gaming Group AB 1,172,888 0.04
12,314 Getinge AB - B 472,536 0.02
37,643 Hennes & Mauritz AB - B 651,071 0.02
105,978 Hexagon AB - B 1,478,598 0.05
8,051 Husqvarna AB - B 113,265 0.00
6,429 ICA Gruppen 333,687 0.01
1,853 Industrivarden AB 51,130 0.00
845 Industrivarden AB - A 23,669 0.00
26,827 Investor AB - A 621,686 0.02
110,868 Investor AB - B 2,452,413 0.08
10,040 Kinnevik AB 314,723 0.01
17,889 Lundin Petroleum AB 563,806 0.02
76,943 Nibe Industrier AB - B 1,021,940 0.03
153,979 Nordea Bank Abp 1,652,543 0.06
77,458 Sandvik AB 1,900,328 0.06
9,441 Securitas AB - B 114,298 0.00
37,280 Sinch AB 416,754 0.01
85,860 Skandinaviska Enskilda Banken AB - A 1,049,477 0.04
42,938 Skanska AB - B 976,692 0.03
17,249 SKF AB 359,352 0.01
32,701 Svenska Cellulosa AB SCA - B 510,553 0.02
54,986 Svenska Handelsbanken AB - A 522,620 0.02
66,870 Swedish Match AB 467,749 0.02
9,249 Tele2 AB - B 115,971 0.00
77
(expressed in EUR)
SEK Equities (continued)

177,264 Telefonaktiebolaget LM Ericsson - B 1,718,053 0.06
145,092 Telia Company AB 498,927 0.02
98,457 Volvo AB - B 2,004,797 0.07
32,012,493 1.07
SGD Equities
115,119 Ascendas 221,510 0.01
123,952 Capitaland Investment Limiteds 275,697 0.01
15,500 City Developments Limited 68,850 0.00
84,557 DBS Group Holdings Limited 1,801,319 0.06
287,900 Genting Singapore Limited 145,535 0.00
244,500 Keppel Corp. Limited 816,533 0.02
139,038 Oversea-Chinese Banking Corp. Limited 1,033,863 0.03
245,250 Singapore Airlines Limited 798,242 0.03
30,500 Singapore Exchange Limited 185,015 0.01
462,300 Singapore Telecommunications Limited 699,579 0.02
68,262 United Overseas Bank Limited 1,197,722 0.04
12,003 UOL Group Limited 55,509 0.00
13,100 Venture Corp. Limited 156,453 0.01
137,700 Wilmar International Limited 371,843 0.01
8,249,019 0.27
USD Equities
4,500 10X Genomics Inc. - A 589,448 0.02
35,450 3M Company 5,537,270 0.18
91,396 AbbVie Inc. 10,882,007 0.37
1,800 Abiomed Inc. 568,507 0.02
34,450 Accenture plc - A 12,558,254 0.43
38,700 Activision Blizzard Inc. 2,264,079 0.08
26,150 Adobe Inc. 13,039,588 0.44
2,900 Advance Auto Parts Inc. 611,724 0.02
56,626 Advanced Micro Devices Inc. 7,165,390 0.24
39,500 AES Corp. 844,047 0.03
5,100 Affirm Holdings Inc. 450,981 0.02
51,200 Aflac Inc. 2,628,885 0.09
47,900 AGNC Investment Corp. 633,500 0.02
13,800 Air Products & Chemicals Inc. 3,692,216 0.12
11,800 Airbnb Inc. - A 1,727,561 0.06
7,000 Akamai Technologies Inc. 720,436 0.02
6,030 Albemarle Corp. 1,239,565 0.04
7,400 Alexandria Real Estate Equities Inc. 1,450,848 0.05
3,650 Align Technology Inc. 2,109,310 0.07
750 Alleghany Corp. 440,285 0.01
3,850 Allegion plc 448,377 0.02
11,400 Alliant Energy Corp. 616,214 0.02
78
(expressed in EUR)

19,650 Allstate Corp. 2,032,908 0.07
28,000 Ally Financial Inc. 1,172,248 0.04
7,650 Alnylam Pharmaceuticals Inc. 1,140,773 0.04
16,050 Alphabet Inc. - A 40,887,700 1.37
15,624 Alphabet Inc. - C 39,755,056 1.34
94,800 Altria Group Inc. 3,950,556 0.13
24,400 Amazon.com Inc. 71,542,294 2.39
27,000 AMC Entertainment Inc. 645,797 0.02
84,200 Amcor plc 889,239 0.03
400 Amerco 255,445 0.01
13,800 Ameren Corp. 1,080,142 0.04
26,050 American Electric Power Company Inc. 2,038,048 0.07
40,150 American Express Company 5,776,064 0.19
3,950 American Financial Group Inc. 476,973 0.02
23,550 American Tower Corp. 6,057,313 0.20
9,450 American Water Works Company Inc. 1,569,404 0.06
8,900 Ameriprise Financial Inc. 2,360,864 0.08
7,450 Amerisourcebergen Corp. 870,586 0.03
20,463 Ametek Inc. 2,645,867 0.09
28,250 Amgen Inc. 5,588,642 0.19
30,200 Amphenol Corp. - A 2,322,628 0.08
27,594 Analog Devices Inc. 4,265,035 0.14
147,000 Annaly Capital Management Inc. 1,010,851 0.03
4,600 Ansys Inc. 1,622,540 0.05
13,650 Anthem Inc. 5,563,946 0.18
6,600 AO Smith Corp. 498,250 0.02
13,000 Aon plc 3,435,878 0.12
9,600 Apollo Global Management Inc. 611,439 0.02
889,820 Apple Inc. 138,942,436 4.66
12,400 Aptiv plc 1,798,611 0.06
15,050 Aramark Holdings Corp. 487,682 0.02
24,650 Arch Capital Group Limited 963,500 0.03
31,750 Archer-Daniels-Midland Company 1,887,075 0.06
4,250 Arrow Electronics Inc. 501,800 0.02
8,400 Arthur J Gallagher & Company 1,253,278 0.04
3,700 Asana Inc. 242,556 0.01
2,200 Assurant Inc. 301,523 0.01
25,385 AstraZeneca plc - ADR 1,300,278 0.04
378,107 AT&T Inc. 8,179,241 0.27
8,250 Atmos Energy Corp. 760,070 0.03
12,150 Autodesk Inc. 3,004,272 0.10
1,200 Autozone Inc. 2,212,160 0.07
4,100 Avalara Inc. 465,486 0.02
79
(expressed in EUR)

24,400 Avantor Inc. 904,165 0.03
5,250 Avery Dennison Corp. 999,818 0.03
28,912 Baker Hughes a GE Company 611,698 0.02
20,039 Ball Corp. 1,696,408 0.05
418,381 Bank of America Corp. 16,368,071 0.56
54,400 Bank of New York Mellon Corp. 2,778,361 0.09
10,400 Bath & Body Works Inc. 638,248 0.02
26,750 Baxter International Inc. 2,019,187 0.07
15,533 Becton Dickinson & Company 3,434,962 0.12
12,300 Bentley Systems Inc. - B 522,739 0.02
71,350 Berkshire Hathaway Inc. - B 18,759,804 0.64
3,400 Bill.com Holdings Inc. 744,909 0.03
9,450 Biogen Idec Inc. 1,993,707 0.07
9,450 BioMarin Pharmaceuticals Inc. 734,178 0.02
1,500 Bio-Rad Laboratories Inc. - A 996,619 0.03
2,200 Bio-Techne Corp. 1,000,834 0.03
9,200 Black Knight Inc. 670,584 0.02
7,700 BlackRock Inc. 6,199,272 0.21
37,400 Blackstone Group Inc./The 4,255,352 0.13
22,050 Block Inc. 3,131,635 0.11
2,200 Booking Holdings Inc. 4,641,493 0.16
8,500 Booz Allen Hamilton Holding Corp. 633,763 0.02
7,750 Borgwarner Inc. 307,151 0.01
9,100 Boston Properties Inc. 921,683 0.03
72,650 Boston Scientific Corp. 2,713,834 0.09
22,139 Broadcom Inc. 12,954,196 0.44
7,000 Broadridge Financial Solutions Inc. 1,125,343 0.04
15,600 Brown & Brown Inc. 964,094 0.03
13,719 Brown-Forman Corp. - B 878,971 0.03
6,200 Bunge Limited 508,998 0.02
4,100 Burlington Stores Inc. 1,050,995 0.04
200 Cable One Inc. 310,139 0.01
15,400 Caesars Entertainment Inc. 1,266,586 0.04
5,050 Camden Property Trust 793,470 0.03
9,300 Campbell Soup Company 355,415 0.01
17,200 Cardinal Health Inc. 778,779 0.03
11,050 Carmax Inc. P.P. 144A 1,265,425 0.04
67,750 Carnival Corp. 1,198,672 0.04
43,600 Carrier Global Corp. 2,079,549 0.07
3,300 Carvana Company 672,623 0.02
6,900 Catalent Inc. 776,826 0.03
30,150 Caterpillar Inc. 5,481,191 0.19
5,200 Cboe Global Markets Inc 596,272 0.02
19,350 CBRE Group Inc. - A 1,846,349 0.07
80
(expressed in EUR)

6,250 CDW Corp. 1,125,462 0.04
9,050 Celanese Corp. 1,337,445 0.04
27,841 Centene Corp. 2,017,322 0.07
26,400 Centerpoint Energy Inc. 647,928 0.02
7,300 Ceridian HCM Holding Inc. 670,558 0.02
14,650 Cerner Corp. 1,196,399 0.04
12,200 CF Industries Holdings Inc. 759,335 0.03
5,950 CH Robinson Worldwide Inc. 563,136 0.02
2,700 Charles River Laboratories International Inc. 894,571 0.03
81,925 Charles Schwab Corp. 6,058,646 0.20
7,068 Charter Communications Inc. - A 4,052,167 0.14
6,973 Check Point Software Technologies 714,714 0.02
14,750 Cheniere Energy Inc. 1,315,463 0.04
100,800 Chevron Corp. 10,401,760 0.35
5,200 Chewy Inc. 269,648 0.01
1,350 Chipotle Mexican Grill Inc. 2,075,393 0.07
24,475 Chubb Limited 4,160,449 0.14
13,400 Church & Dwight Company Inc. 1,207,791 0.04
21,674 Cigna Corp. 4,376,540 0.15
11,950 Cincinnati Financial Corp. 1,197,207 0.04
5,850 Cintas Corp. 2,279,761 0.08
111,525 Citigroup Inc. 5,922,436 0.20
22,550 Citizens Financial Group Inc. 936,939 0.03
6,000 Citrix Systems Inc. 499,068 0.02
25,300 Clarivate Analytics plc 523,264 0.02
6,400 Clorox Company 981,273 0.03
11,000 Cloudflare Inc. - A 1,271,984 0.04
21,050 CME Group Inc. 4,228,881 0.14
14,700 CMS Energy Corp. 840,868 0.03
222,050 Coca Cola Company 11,561,361 0.38
12,500 Coca-Cola Europacific Partners Plc 614,778 0.02
7,200 Cognex Corp. 492,325 0.02
32,000 Cognizant Technology Solutions Corp. - A 2,496,518 0.08
1,700 Coinbase Global Inc. - A 377,268 0.01
43,700 Colgate-Palmolive Company 3,279,421 0.11
245,100 Comcast Corp. - A 10,847,593 0.36
26,650 Conagra Foods Inc. 800,297 0.03
74,255 Conocophillips 4,713,090 0.16
8,700 Constellation Brands - A 1,920,013 0.06
2,550 Cooper Companies Inc. 939,410 0.03
16,400 Copart Inc. 2,186,571 0.07
47,700 Corning Inc. 1,561,617 0.05
38,800 Corteva Inc. 1,613,141 0.06
21,500 Costar Group Inc. 1,494,148 0.05
41,600 Coterra Energy Inc. 695,040 0.02
81
(expressed in EUR)

3,100 Coupa Software Inc. 430,843 0.01
7,900 Crowdstrike Holdings Inc. - A 1,422,375 0.05
23,250 Crown Castle International Corp. 4,267,680 0.14
7,100 Crown Holdings Inc. 690,645 0.02
149,000 CSX Corp. 4,926,487 0.17
10,600 Cummins Inc. 2,033,313 0.07
72,935 CVS Health Corp. 6,616,228 0.22
35,750 Danaher Corp. 10,343,041 0.36
7,150 Darden Restaurants Inc. 947,130 0.03
12,800 Datadog Inc. - A 2,004,756 0.07
6,100 Davita Inc. 610,215 0.02
17,450 Deere & Company 5,261,547 0.19
35,150 Delta Air Lines Inc. 1,207,933 0.05
9,150 Dentsply Sirona Inc. 448,891 0.02
33,100 Devon Energy Corp. 1,282,145 0.04
4,700 Dexcom Inc. 2,219,192 0.07
8,900 Diamondback Energy Inc. 844,060 0.03
13,850 Digital Realty Trust Inc. 2,154,106 0.07
18,600 Discover Financial Services 1,890,095 0.06
15,919 Discovery Communications Inc. 320,564 0.01
9,645 DISH Network Corp. - A 275,135 0.01
9,900 DocuSign Inc. 1,325,949 0.04
13,300 Dollar General Corp. 2,758,124 0.09
14,471 Dollar Tree Inc. 1,788,133 0.06
1,850 Domino’s Pizza Inc. 918,054 0.03
5,300 Doordash Inc. - A 693,959 0.02
14,100 Dover Corp. 2,251,636 0.08
39,500 Dow Inc. 1,970,137 0.07
16,650 DR Horton Inc. 1,587,840 0.05
20,200 DraftKings Inc. - A 487,948 0.02
10,100 Dropbox Inc. - A 217,951 0.01
10,300 DTE Energy Company 1,082,714 0.04
43,186 Duke Energy Corp. 3,983,654 0.12
24,000 Duke Realty Corp. 1,385,297 0.05
9,800 Dynatrace Inc. 520,076 0.02
10,050 Eastman Chemical Company 1,068,542 0.04
26,549 Eaton Corp. plc 4,034,645 0.14
37,600 Ebay Inc. 2,198,734 0.07
14,521 Ecolab Inc. 2,995,499 0.10
19,100 Edison International 1,146,302 0.04
33,450 Edwards Lifesciences Corp. 3,810,629 0.13
34,743 Elanco Animal Health Inc. 867,047 0.03
16,800 Electronic Arts Inc. 1,948,575 0.07
44,752 Eli Lilly & Company 10,870,029 0.37
82
(expressed in EUR)

7,200 Enphase Energy Inc. 1,158,255 0.04
10,500 Entergy Corp. 1,040,120 0.03
32,950 EOG Resources Inc. 2,573,820 0.09
2,900 Epam Systems Inc. 1,704,630 0.06
6,500 Equifax Inc. 1,673,527 0.06
5,052 Equinix Inc. 3,757,636 0.13
20,100 Equitable Holdings Inc. 579,563 0.02
12,900 Equity Lifestyle Properties Inc. 994,384 0.03
20,850 Equity Residential 1,659,273 0.06
1,400 Erie Indemnity Company - A 237,183 0.01
11,200 Essential Utilities Inc. 528,779 0.02
3,950 Essex Property Trust Inc. 1,223,451 0.04
6,400 Etsy Inc. 1,232,163 0.04
1,800 Everest Re Group Limited 433,570 0.01
16,200 Evergy Inc. 977,385 0.03
6,500 Exact Sciences Corp. 444,860 0.01
51,749 Exelon Corp. 2,628,405 0.09
6,950 Expedia Group Inc. 1,104,471 0.04
8,000 Expeditors International Washington Inc. 944,706 0.03
5,950 Extra Space Storage Inc. 1,186,285 0.04
224,150 Exxon Mobil Corp. 12,060,974 0.41
4,650 F5 Inc. 1,000,617 0.03
2,000 Factset Research Systems Inc. 854,749 0.03
1,100 Fair Isaac Corp. 419,484 0.01
35,000 Fastenal Company 1,971,597 0.07
13,450 Fedex Corp. 3,059,012 0.10
20,900 Fidelity National Financial Inc 958,989 0.03
34,255 Fidelity National Information Services Inc. 3,287,841 0.11
33,750 Fifth Third Bancorp 1,292,484 0.04
8,800 First Republic Bank 1,598,037 0.05
28,435 FirstEnergy Corp. 1,039,933 0.03
32,880 Fiserv Inc. 3,000,893 0.10
2,300 Fiverr International Limited 229,960 0.01
5,250 Fleetcor Technologies Inc. 1,033,380 0.03
9,700 FMC Corp. 937,331 0.03
6,700 Fortinet Inc. 2,117,464 0.07
20,201 Fortive Corp. 1,355,201 0.05
6,650 Fortune Brands Home & Security Inc. 625,119 0.02
4,266 Fox Corp. 128,558 0.00
21,533 Fox Corp. 698,705 0.02
15,750 Franklin Resources Inc. 463,830 0.02
82,800 Freeport-McMoran Inc. 3,038,378 0.10
4,900 Futu Holdings Limited 186,572 0.01
5,250 Garmin Limited 628,643 0.02
83
(expressed in EUR)

5,400 Gartner Inc. 1,587,520 0.05
1,900 Generac Holdings Inc. 587,977 0.02
62,228 General Electric Company 5,169,433 0.17
68,050 General Motors Company 3,508,417 0.12
10,200 Genuine Parts Company 1,257,510 0.04
17,651 Global Payments Inc. 2,098,190 0.07
5,863 Globe Life Inc. 483,187 0.02
10,200 GoDaddy Inc. - A 761,143 0.03
4,150 Grainger (WWW) Inc. 1,891,221 0.06
4,900 Guidewire Software Inc. 489,181 0.02
49,650 Halliburton Company 998,501 0.03
22,350 Hartford Financial Services Group Inc. 1,356,880 0.05
7,550 Hasbro Inc. 675,729 0.02
14,250 HCA Healthcare Inc 3,219,407 0.11
29,500 Healthpeak Properties Inc. 936,207 0.03
9,400 Heico Corp. 1,192,110 0.04
3,900 Heico Corp. - A 440,756 0.01
8,800 Henry Schein Inc. 599,951 0.02
8,550 Hershey Company 1,454,598 0.05
12,950 Hess Corp. 843,025 0.03
16,500 Hilton Worldwide Holdings Inc. 2,263,309 0.08
14,150 Hologic Inc. 952,624 0.03
58,300 Home Depot Inc. 21,276,013 0.72
48,000 Hongkong Land Holdings Limited 219,486 0.01
7,900 Horizon Pharma plc 748,596 0.02
18,100 Hormel Foods Corp. 776,874 0.03
38,854 Host Hotels & Resorts Inc. 594,153 0.02
42,467 Howmet Aerospace Inc. 1,188,643 0.04
73,600 HP inc. 2,438,016 0.08
2,500 Hubspot Inc. 1,449,063 0.05
7,350 Humana Inc. 2,998,040 0.10
43,850 Huntington Bancshares Inc. 594,589 0.02
4,350 IAC 499,990 0.02
47,500 IBM Corp. 5,582,879 0.19
6,800 IDEX Corp. 1,413,099 0.05
4,950 Idexx Laboratories Inc. 2,866,142 0.10
28,141 IHS Markit Limited 3,289,222 0.11
19,650 Illinois Tool Works Inc. 4,264,527 0.14
7,900 Illumina Inc. 2,642,874 0.09
10,750 Incyte Corp. Limited 693,853 0.02
16,670 Ingersoll Rand Inc. 906,941 0.03
3,100 Insulet Corp. 725,305 0.02
236,550 Intel Corp. 10,712,562 0.36
31,980 IntercontinentalExchange Inc. 3,846,205 0.13
84
(expressed in EUR)

12,397 International Flavors & Fragrances Inc. 1,642,286 0.06
23,450 International Paper Company 968,766 0.03
17,200 Interpublic Group of Companies Inc. 566,426 0.02
13,950 Intuit Inc. 7,890,361 0.26
40,966 Invesco Limited 829,263 0.03
28,000 Invitation Homes Inc. 1,116,356 0.04
1,550 Ipg Photonics Corp. 234,626 0.01
14,997 Iron Mountain Inc. 690,110 0.02
3,150 Jack Henry & Associates Inc. 462,556 0.02
12,297 Jardine Matheson Holdings Limited 594,845 0.02
4,700 JB Hunt Transport Services Inc. 844,777 0.03
5,200 JM Smucker Company 621,055 0.02
137,700 Johnson & Johnson 20,714,333 0.71
24,950 Juniper Networks Inc. 783,472 0.03
12,250 Kellogg Company 693,937 0.02
16,000 Keurig Dr Pepper Inc. 518,607 0.02
45,900 Keycorp 933,580 0.03
24,900 KKR & Company Inc. 1,631,243 0.05
8,650 KLA Corp. 3,271,589 0.11
5,000 Knight-Swift Transportation 267,939 0.01
39,200 Kroger Company 1,560,141 0.05
23,700 Las Vegas Sands Corp. 784,442 0.03
2,800 Lear Corp. 450,457 0.02
7,800 Leidos Holdings Inc. 609,761 0.02
15,450 Lennar Corp. - A 1,578,150 0.05
1,550 Lennox International Inc. 442,102 0.01
8,800 Liberty Broadband Corp. 1,246,641 0.04
16,906 Liberty Global plc 417,595 0.01
9,100 Liberty Media Corp. 506,053 0.02
12,072 Liberty Siriusxm Group 539,801 0.02
14,500 Lincoln National Corp. 870,357 0.03
16,250 Linde plc 4,950,306 0.16
6,900 Live Nation Inc. 726,223 0.02
14,700 Lkq Corp. 775,977 0.03
14,000 Loews Corp. 711,080 0.02
85
(expressed in EUR)

24,100 Lucid Group Inc. 806,371 0.03
6,350 Lululemon Athletica Inc. 2,185,814 0.07
45,440 Lumen Technologies Inc. 501,470 0.02
16,900 Lyft Inc. - A 635,013 0.02
18,045 Lyondellbasell Industries NV - A 1,463,498 0.05
6,200 M&T Bank Corp. 837,316 0.03
38,225 Marathon Petroleum Corp. 2,150,913 0.07
880 Markel Corp. 954,907 0.03
1,900 Marketaxess Holdings Inc. 687,138 0.02
16,173 Marriott International Inc. - A 2,350,001 0.09
31,200 Marsh & McLennan Companies Inc. 4,768,891 0.16
2,700 Martin Marietta Materials Inc. 1,045,906 0.04
48,000 Marvell Technology Inc. 3,692,860 0.12
13,550 Masco Corp. 836,687 0.03
1,800 Masimo Corp. 463,422 0.02
49,100 Mastercard Inc. - A 15,514,080 0.52
11,689 Match Group Inc. 1,359,365 0.05
12,100 McCormick & Company Inc. 1,027,947 0.03
40,000 McDonald’s Corp. 9,429,124 0.32
10,641 McKesson Corp. 2,325,917 0.08
32,900 Medical Properties Trust Inc. 683,633 0.02
75,285 Medtronic Inc. 6,848,604 0.23
27,814 Melco Resorts & Entertainment Limited - ADR 248,986 0.01
2,750 Mercadolibre Inc. 3,260,728 0.11
40,000 Metlife Inc. 2,198,030 0.07
1,500 Mettler-Toledo International Inc. 2,238,670 0.08
24,900 MGM Resorts International 982,687 0.03
34,200 Microchip Technology Inc. 2,618,231 0.09
60,600 Micron Technology Inc. 4,963,850 0.17
384,300 Microsoft Corp. 113,654,394 3.83
7,300 Mid-America Apartment Communities Inc. 1,472,839 0.05
17,700 Moderna Inc. 3,953,083 0.13
2,600 Mohawk Industries Inc. 416,521 0.01
2,400 Molina Healthcare Inc. 671,291 0.02
7,300 Molson Coors Brewing Company - B 297,533 0.01
78,047 Mondelez International Inc. - A 4,550,911 0.15
2,300 MongoDB Inc. 1,070,616 0.04
1,500 Monolithic Power Systems Inc. 650,717 0.02
22,950 Monster Beverage Corp. 1,938,197 0.07
11,100 Moody’s Corp. 3,812,381 0.13
84,240 Morgan Stanley 7,271,367 0.25
18,450 Mosaic Company 637,443 0.02
8,400 Motorola Inc. 2,006,929 0.07
5,750 MSCI Inc. 3,097,931 0.10
15,350 NetApp Inc. 1,241,687 0.04
86
(expressed in EUR)

23,500 Netflix Inc. 12,449,297 0.42
4,700 Neurocrine Biosciences Inc. 352,004 0.01
21,049 Newell Rubbermaid Inc. 404,247 0.01
43,684 Newmont Corp. 2,382,414 0.09
21,500 News Corp. 421,795 0.01
109,600 NextEra Energy Inc. 8,997,764 0.29
67,800 Nike Inc. 9,936,885 0.33
20,000 Nisource Inc. 485,579 0.02
2,900 Nordson Corp. 650,970 0.02
15,700 Norfolk Southern Corp. 4,110,136 0.14
4,200 Novavax Inc. 528,398 0.02
4,100 Novocure Limited 270,689 0.01
17,200 NRG Energy Inc. 651,579 0.02
20,500 Nucor Corp. 2,057,752 0.06
132,300 Nvidia Corp. 34,216,278 1.14
150 NVR Inc. 779,397 0.03
17,449 NXP Semiconductor NV 3,495,017 0.12
9,700 Oak Street Health Inc. 282,675 0.01
5,200 Okta Inc. 1,025,048 0.03
5,025 Old Dominion Freight Line Inc. 1,583,591 0.05
11,150 Omnicom Group Inc. 718,397 0.02
29,200 Oneok Inc. 1,508,786 0.05
100,900 Oracle Corp. 7,737,855 0.26
4,600 Owens Corning 366,075 0.01
23,700 Paccar Inc. 1,839,397 0.06
4,150 Packaging Corp. of America 496,854 0.02
82,600 Palantir Technologies Inc. - A 1,322,675 0.04
5,850 Palo Alto Networks Inc. 2,864,093 0.10
8,750 Parker Hannifin Corp. 2,447,722 0.08
18,550 Paychex Inc. 2,226,587 0.07
2,700 Paycom Software Inc. 985,766 0.03
60,500 Paypal Holdings Inc. 10,032,615 0.34
10,500 Peloton Interactive Inc. - A 330,179 0.01
12,369 Pentair Limited - Reg 794,326 0.03
72,974 PepsiCo Inc. 11,146,952 0.36
8,800 PerkinElmer Inc. 1,555,864 0.05
311,369 Pfizer Inc. 16,168,079 0.55
81,100 Philip Morris International Inc. 6,774,975 0.22
22,800 Phillips 66 1,452,768 0.05
30,500 Pinterest Inc. - A 974,916 0.03
9,100 Pioneer Natural Resources Company 1,455,424 0.05
30,300 Plug Power Inc. 752,171 0.03
87
(expressed in EUR)

24,751 PNC Financial Services Group Inc. 4,364,290 0.15
2,100 Pool Corp. 1,045,199 0.04
13,850 PPG Industries Inc. 2,100,153 0.07
41,100 PPL Corp. 1,086,410 0.04
17,950 Principal Financial Group Inc. 1,141,684 0.04
131,773 Procter & Gamble Company 18,954,826 0.64
31,650 Progressive Corp. 2,856,905 0.10
39,560 Prologis Inc. 5,856,773 0.20
7,500 PTC Inc. 799,002 0.03
8,850 Public Storage Inc. 2,914,928 0.10
11,650 PulteGroup Inc. 585,573 0.02
4,750 Qorvo Inc. 653,229 0.02
66,600 Qualcomm Inc. 10,709,763 0.36
9,375 Raymond James Financial Inc. 827,691 0.03
26,211 Realty Income Corp. 1,650,058 0.06
10,250 Regency Centers Corp. 679,157 0.02
9,600 Resmed Inc. 2,198,917 0.07
3,700 Ringcentral Inc. - A 609,563 0.02
7,700 Rivian Automotive Inc. - A 702,087 0.02
5,350 Robert Half International Inc. 524,650 0.02
8,300 Robinhood Markets Inc. - A 129,624 0.00
7,650 Rockwell Automation Inc. 2,346,731 0.08
6,600 Roku Inc. 1,324,411 0.04
20,025 Rollins Inc. 602,405 0.02
7,700 Roper Technologies Inc. 3,330,392 0.11
20,700 Ross Stores Inc. 2,080,193 0.07
18,398 Royal Caribbean Cruises Limited 1,244,114 0.04
20,400 Royalty Pharma plc - A 714,861 0.02
6,900 Rpm International Inc. 612,821 0.02
13,950 S&P Global Inc. 5,789,151 0.19
49,349 Salesforce.com Inc. 11,028,017 0.37
6,000 SBA Communications 2,052,515 0.07
98,547 Schlumberger Limited 2,595,395 0.09
7,700 Sea Limited 1,514,744 0.05
12,700 Seagate Technology Holdings plc 1,261,736 0.04
7,450 Seagen Inc. 1,012,812 0.03
8,900 Sealed Air Corp. 528,036 0.02
5,550 Sei Investments Company 297,412 0.01
15,100 Sempra Energy Corp. 1,756,444 0.07
8,450 Sensata Technologies Holding plc 458,389 0.02
9,900 Servicenow Inc. 5,650,887 0.19
13,950 Sherwin-Williams Company 4,319,937 0.14
88
(expressed in EUR)

700 Signature Bank 199,111 0.01
19,400 Simon Property Group Inc. 2,725,587 0.09
91,450 Sirius XM Radio Inc. 510,647 0.02
7,200 Skyworks Solutions Inc. 982,244 0.03
54,500 Snap Inc. 2,253,900 0.08
5,850 Snap-On Inc. 1,107,961 0.04
10,400 Snowflake Inc. - A 3,097,960 0.10
35,700 Sofi Technologies Inc. 496,322 0.02
2,400 Solaredge Technologies Inc. 592,128 0.02
63,200 Southern Company 3,811,340 0.13
24,700 Southwest Airlines Company 930,484 0.03
7,750 Splunk Inc. 788,630 0.03
13,900 Ss&c Technologies Holdings Inc. 1,002,042 0.03
8,443 Stanley Works 1,400,385 0.05
69,350 Starbucks Corp. 7,133,195 0.24
18,550 State Street Corp. 1,517,015 0.05
11,600 Steel Dynamics Inc. 633,145 0.02
4,400 STERIS plc 941,790 0.03
17,600 Stryker Corp. 4,138,755 0.14
6,000 Sun Communities Inc. 1,107,826 0.04
11,800 Sunrun Inc. 355,909 0.01
2,500 SVB Financial Group 1,491,031 0.05
9,600 Synopsys Inc. 3,110,798 0.10
23,500 Sysco Corp. 1,623,219 0.05
5,600 Take-Two Interactive Software Inc. 875,160 0.03
29,150 Target Corp. 5,932,533 0.20
5,800 Teladoc Inc. 468,305 0.02
2,500 Teledyne Technologies Inc. 960,451 0.03
2,400 Teleflex Inc. 693,240 0.02
8,900 Teradyne Inc. 1,279,825 0.04
45,350 Tesla Inc. 42,142,958 1.42
28,886 T-Mobile USA Inc. 2,946,006 0.10
24,000 Trade Desk Inc. - A 1,934,013 0.06
4,450 Transdigm Group Inc. 2,489,841 0.09
14,600 Transunion 1,522,395 0.05
15,050 Travelers Companies Inc. 2,070,235 0.07
15,600 Trimble Navigation Limited 1,196,064 0.04
74,725 Truist Financial Corp. 3,847,300 0.14
9,300 Twilto Inc. 2,153,590 0.07
44,700 Twitter Inc. 1,698,852 0.06
89
(expressed in EUR)

2,000 Tyler Technologies Inc. 946,096 0.03
14,600 Tyson Foods Inc. - A 1,119,008 0.04
69,600 Uber Technologies Inc. 2,566,240 0.09
13,600 Udr Inc. 717,432 0.02
13,050 Ugi Corp. 526,843 0.02
2,450 Ulta Beauty Inc. 888,351 0.03
39,400 Union Pacific Corp. 8,728,494 0.28
6,300 Unity Software Inc. 792,154 0.03
4,250 Universal Health Services Inc. - B 484,572 0.02
1,400 Upstart Holdings Inc. 186,265 0.01
80,700 US Bancorp 3,986,035 0.13
1,600 Vail Resorts Inc. 461,344 0.02
20,350 Ventas Inc. 914,784 0.03
5,850 VeriSign Inc. 1,305,704 0.04
12,950 Verisk Analytics Inc. 2,604,690 0.09
6,400 Verizon Communications Inc.§ 294,056 0.01
13,200 Vertex Pharmaceuticals Inc. 2,548,998 0.09
19,200 VF Corp. 1,236,215 0.04
35,532 ViacomCBS Inc. - B 942,979 0.03
88,005 Viatris Inc. 1,047,052 0.04
30,900 Vici Properties Inc. 818,149 0.02
95,250 Visa Inc. 18,151,272 0.61
19,200 Vistra Energy Corp. 384,439 0.01
8,291 VMware Inc. 844,848 0.03
12,269 Vornado Realty Trust 451,618 0.02
6,000 Vulcan Materials Company 1,095,216 0.04
75,900 Walmart Inc. 9,657,026 0.33
98,959 Walt Disney Company 13,478,509 0.46
13,533 Waste Connections Inc. 1,621,651 0.05
3,900 Waters Corp. 1,277,823 0.04
4,800 Wayfair Inc. 801,843 0.03
16,788 Wec Energy Group Inc. 1,433,003 0.05
21,400 Welltower Inc. 1,614,033 0.05
16,431 Western Digital Corp. 942,196 0.03
29,800 Western Union Company 467,492 0.02
13,883 Westinghouse Air Brake Technologies Corp. 1,124,484 0.04
12,996 Westrock Company 506,949 0.02
53,783 Weyerhaeuser Company 1,947,576 0.07
3,050 Whirlpool Corp. 629,364 0.02
72,150 Williams Companies Inc. 1,652,116 0.06
§
Illiquid security. The accompanying notes form an integral part of these financial statements.
90
(expressed in EUR)

6,649 Willis Towers Watson plc 1,388,561 0.05
2,400 Wix.com Limited 333,007 0.01
9,350 Workday Inc. - A 2,246,072 0.08
10,000 WP Carey Inc. 721,509 0.02
7,050 WR Berkley Corp. 510,772 0.02
9,619 Wynn Resorts Limited 719,310 0.02
27,000 Xcel Energy Inc. 1,607,369 0.05
18,431 Xilinx Inc. 3,436,445 0.12
12,650 Xylem Inc. 1,333,968 0.04
16,100 Yum! Brands Inc. 1,965,922 0.07
2,400 Zebra Technologies Corp. 1,256,138 0.04
4,200 Zendesk Inc. 385,172 0.01
14,600 Zillow Group - C 819,741 0.03
10,700 Zimmer Biomet Holdings Inc. 1,195,329 0.04
25,550 Zoetis Inc. 5,482,735 0.18
10,000 Zoom Video Communications Inc. - A 1,617,218 0.05
8,400 ZoomInfo Technologies Inc. 474,217 0.02
3,800 Zscaler Inc. 1,073,737 0.04
2,042,848,630 68.67
Total Equities 2,953,694,652 99.20
Total Transferable securities and money market instruments admitted to an official exchange listing 2,953,694,652 99.20
Other transferable securities and money market instruments

EUR Equities
348,286 Banco Espirito Santo SA - Reg * 0 0.00
124,138 BGP Holdings plc§ 0 0.00
10,824 Telefonica SA 41,694 0.00
41,694 0.00
GBP Equities
5,724 Nmc Health plc§ 641 0.00
641 0.00
JPY Equities
4,300 Nippon Express Company Limited 226,896 0.01
226,896 0.01
USD Equities
11,300 Athene Holding Limited - A 828,024 0.03
828,024 0.03
Total Other transferable securities and money market instruments 1,097,255 0.04
Total Investment in Securities 2,954,791,907 99.24
Total Net Assets 2,977,519,712 100.00
*
Stale price.
§
91
Sector % NAV
Software 8.09
Banks 6.01
Semiconductors 5.14
Retail 4.39
Insurance 3.70
Media 2.96
Transportation 2.08
Food services 2.03
Chemicals 1.98
Machinery 1.77
Beverages 1.53
Biotechnology 1.15
Apparel 0.99
Tobacco 0.57
Real estate 0.37
Aerospace and defence 0.32
Investment companies 0.30
Home builders 0.27
Food 0.26
Merchandising 0.26
Advertising 0.19
92
Sector % NAV
Iron and steel 0.19
Construction and Building materials 0.14
Healthcare products 0.14
Toys and games 0.13
Medical 0.12
Water utilities 0.11
Pipelines 0.10
Gas 0.09
Lodging 0.09
Restaurants 0.09
Metal fabrication 0.08
Agriculture 0.08
Stores 0.07
Diversified companies 0.06
Publishing and printing 0.05
Hand and Machine Tools 0.04
Leisure 0.04
Business and Public services 0.03
Holding companies 0.03
Steel and Chemical plants 0.03
Consumer goods 0.02
Textiles 0.01
93
(expressed in EUR)
AUD Equities
10,856 Afterpay Touch Group Limited 576,140 0.02
14,068 Ampol Limited 266,766 0.01
58,618 Apa Group 377,013 0.01
11,564 ASX Limited 686,833 0.02
99,584 Aurizon Holdings Limited 222,199 0.01
103,921 Ausnet Services Holding 170,751 0.01
20,242 Bluescope Steel Limited 270,475 0.01
87,054 Brambles Limited 591,629 0.02
4,012 Cochlear Limited 554,349 0.02
60,862 Coles Group Limited 698,065 0.02
27,156 Computershare Limited 347,235 0.01
33,773 Crown Resorts Limited 258,243 0.01
25,693 CSL Limited 4,775,481 0.16
60,445 Dexus 429,727 0.02
3,458 Domino’s Pizza Enterprises Limited 260,943 0.01
66,954 Endeavour Group Limiteda 288,512 0.01
84,498 Evolution Mining Limited 219,331 0.01
99,306 Goodman Group 1,682,476 0.06
96,812 Gpt Group 335,472 0.01
11,687 Idp Education Limited 258,901 0.01
25,690 James Hardie Industries plc 908,274 0.03
42,661 Lendlease Group 291,566 0.01
8,127 Magellan Financial Group Limited 110,360 0.00
115,484 Medibank Private Limited 247,340 0.01
179,714 Mirvac Group 334,351 0.01
176,885 National Australia Bank Limited 3,261,472 0.12
39,834 Newcrest Mining Limited 623,437 0.02
53,795 Northern Star Resources Limited 323,638 0.01
22,845 Orica Limited 199,950 0.01
72,808 Origin Energy Limited 243,915 0.01
26,632 Qantas Airways Limited 85,304 0.00
67,891 QBE Insurance Group Limited 492,647 0.02
9,954 Ramsay Health Care Limited 455,021 0.02
3,809 Rea Group Limited 408,240 0.01
6,891 Reece Limited 119,085 0.00
18,281 Rio Tinto Limited 1,170,051 0.04
152,206 Santos Limited 614,029 0.02
245,432 Scentre Group 495,845 0.02
21,918 Seek Limited 459,343 0.02
26,543 Sonic Healthcare Limited 791,303 0.03
94
(expressed in EUR)

268,176 South32 Limited 687,530 0.02
119,490 Stockland 323,910 0.01
64,683 Suncorp-Metway Limited 457,789 0.02
47,846 Sydney Airport Finance Company Pty Limited 265,517 0.01
120,607 Tabcorp Holdings Limited 387,083 0.01
223,356 Telstra Corp. Limited 596,900 0.02
158,251 Transurban Group 1,398,240 0.05
35,640 Treasury Wine Estates Limited 282,089 0.01
154,604 Vicinity Centres 167,046 0.01
11,904 Washington H Soul Pattinson & Company Limited 225,351 0.01
59,063 Wesfarmers Limited 2,239,224 0.08
6,993 WiseTech Global Limited 261,903 0.01
54,396 Woodside Petroleum Limited 762,664 0.03
7,399 Xero Limited 669,072 0.02
55,205,912 1.96
CAD Equities
11,654 Agnico-Eagle Mines Limited 545,115 0.02
7,240 Air Canada 106,499 0.00
34,500 Algonquin Power & Utilities Corp. 438,799 0.02
43,282 Alimentation Couche-Tard Inc. 1,596,951 0.06
18,412 Altagas Limited 350,051 0.01
12,100 Ballard Power Systems Inc. 133,850 0.00
33,158 Bank of Montreal 3,143,706 0.11
93,167 Barrick Gold Corp. 1,559,860 0.06
16,760 Bausch Health Cos Inc. 407,667 0.01
1,250 BCE Inc. 57,268 0.00
29,633 BlackBerry Limited 243,838 0.01
5,400 Brookfield Renewable Corp. - A 174,993 0.01
14,116 CAE Inc. 313,579 0.01
18,150 Cameco Corp. 348,481 0.01
3,300 Canadian Apartment Properties 137,748 0.00
36,340 Canadian National Railway Company 3,930,868 0.14
61,946 Canadian Natural Resources Limited 2,304,992 0.08
47,543 Canadian Pacific Railway Company 3,011,209 0.11
3,400 Canadian Tire Corp. Limited - A 429,458 0.02
9,792 Canadian Utilities Limited 250,108 0.01
9,800 Canopy Growth Corp. 75,319 0.00
7,550 CCL Industries Inc. 356,515 0.01
74,831 Cenovus Energy Inc. 807,982 0.03
12,802 CGI Inc. 996,833 0.04
1,005 Constellation Software Inc. 1,642,013 0.06
14,400 Dollarama Inc. 634,663 0.02
13,000 Emera Inc. 572,145 0.02
9,900 Empire Company Limited 265,617 0.01
95
(expressed in EUR)

106,705 Enbridge Inc. 3,670,355 0.14
1,203 Fairfax Financial Holdings Limited 521,113 0.02
28,752 First Quantum Minerals Limited 605,883 0.02
1,900 FirstService Corp. 328,824 0.01
25,117 Fortis Inc. 1,067,136 0.04
9,986 Franco-Nevada Corp. 1,216,156 0.04
6,188 George Weston Limited 631,787 0.02
10,600 GFL Environmental Inc. 352,951 0.01
13,100 Gildan Activewear Inc. 489,089 0.02
15,979 Great-West Lifeco Inc. 422,264 0.01
19,498 Hydro One Limited 446,711 0.02
5,800 IA Financial Corp. Inc. 292,250 0.01
3,050 IGM Financial Inc. 96,864 0.00
14,450 Imperial Oil Limited 458,914 0.02
7,554 Intact Financial Corp. 864,649 0.03
26,500 Ivanhoe Mines Limited 190,386 0.01
12,310 Keyera Corp. 244,494 0.01
86,990 Kinross Gold Corp. 444,502 0.02
14,396 Kirkland Lake Gold Limited 531,261 0.02
6,100 Lightspeed Commerce Inc. 216,915 0.01
10,280 Loblaw Companies Limited 741,701 0.03
22,512 Lundin Mining Corp. 154,839 0.01
14,816 Metro Inc. 694,358 0.02
10,413 Northland Power Inc. 275,103 0.01
30,800 Nutrien Limited 2,038,677 0.07
2,300 Nuvei Corp. 131,296 0.00
3,750 Onex Corp. 259,180 0.01
13,400 Open Text Corp. 560,085 0.02
6,200 Parkland Corp. 150,074 0.01
31,138 Pembina Pipeline Corp. 831,746 0.03
32,634 Power Corp. of Canada 949,631 0.03
8,200 Quebecor Inc. - B 162,978 0.01
15,238 Restaurant Brands International Inc. 813,639 0.03
12,850 Riocan Real Estate Investment Trust 205,213 0.01
4,589 Ritchie Bros Auctioneers Inc. 247,300 0.01
18,859 Rogers Communications Inc. - B 790,751 0.03
11,850 Saputo Inc. 235,110 0.01
21,700 Shaw Communications Inc. - B 579,944 0.02
5,913 Shopify Inc. 7,169,472 0.25
31,030 Sun Life Financial Inc. 1,520,984 0.05
74,265 Suncor Energy Inc. 1,636,313 0.06
48,159 TC Energy Corp. 1,972,353 0.07
27,311 Teck Resources Limited 692,636 0.02
23,400 Telus Corp. 485,283 0.02
96
(expressed in EUR)

3,372 TFI International Inc. 333,032 0.01
10,463 Thomson Reuters Corp. 1,101,837 0.04
2,275 TMX Group Limited 203,117 0.01
4,000 Toromont Industries Limited 318,451 0.01
15,031 Tourmaline Oil Corp. 427,348 0.02
3,495 West Fraser Timber Company Limited 293,624 0.01
25,634 Wheaton Precious Metals Corp. 968,645 0.03
5,700 WSP Global Inc. 728,663 0.03
89,211,428 3.20
CHF Equities
93,495 ABB Limited - Reg 3,149,104 0.11
8,115 Adecco Group AG - Reg 364,962 0.01
26,278 Alcon Inc. 2,047,643 0.07
252 Bachem Holding AG 174,135 0.01
2,374 Baloise Holding AG P.P. 144A - Reg 341,611 0.01
173 Barry Callebaut AG - Reg 369,989 0.01
12,298 Clariant AG - Reg 225,508 0.01
27,694 Compagnie Financiere Richemont SA - Reg 3,660,336 0.13
127,515 Credit Suisse Group AG - Reg 1,091,833 0.04
397 Ems-Chemie Holding AG - Reg 391,192 0.01
2,160 Geberit AG - Reg 1,553,459 0.06
496 Givaudan - Reg 2,293,885 0.08
3,370 Groupe Bruxelles Lambert SA 330,799 0.01
13,861 Holcim Limited - Reg 622,177 0.02
12,754 Julius Baer Group Limited 753,059 0.03
3,070 Kuehne + Nagel International AG - Reg 872,267 0.03
4 Lindt & Spruengli AG - Reg 471,742 0.02
50 Lindt & Spruengli AG 609,462 0.02
4,034 Lonza Group AG - Reg 2,965,077 0.11
148,168 Nestle SA - Reg 18,223,568 0.64
114,579 Novartis AG - Reg 8,877,396 0.31
1,273 Roche Holding AG 502,241 0.02
36,793 Roche Holding AG 13,461,460 0.48
1,428 Schindler Holding AG - Reg 336,824 0.01
2,184 Schindler Holding AG 517,461 0.02
296 SGS SA - Reg 870,437 0.03
7,112 Sika AG 2,609,619 0.09
3,215 Sonova Holding AG - Reg 1,110,183 0.04
619 Straumann Holding AG - Reg 1,157,160 0.04
1,520 Swatch Group AG 409,280 0.01
1,892 Swatch Group AG - Reg 97,598 0.00
1,872 Swiss Life Holding AG - Reg 1,009,929 0.04
3,784 Swiss Prime Site AG - Reg 327,397 0.01
15,942 Swiss Re Limited 1,388,709 0.05
1,374 Swisscom AG - Reg 682,385 0.02
97
(expressed in EUR)

3,519 Temenos Group AG - Reg 428,090 0.02
192,915 UBS Group AG 3,057,119 0.11
1,098 Vat Group AG 481,520 0.02
2,264 Vifor Pharma AG 354,515 0.01
7,804 Zurich Financial Services AG - Reg 3,015,675 0.11
83,446,629 2.95
DKK Equities
8,248 Ambu A/S - B 191,850 0.01
152 AP Moller - Maersk A/S - A 445,112 0.02
5,560 Carlsberg A/S - B 844,362 0.03
4,907 Chr Hansen Holding A/S 340,039 0.01
6,000 Coloplast A/S - B 928,527 0.03
26,758 Danske Bank A/S 406,357 0.01
7,374 Demant A/S 332,235 0.01
11,089 DSV A/S 2,277,411 0.08
3,698 Genmab A/S 1,307,647 0.05
5,838 GN Store Nord A/S 322,842 0.01
89,375 Novo-Nordisk A/S - B 8,832,247 0.31
10,819 Novozymes A/S - B 781,432 0.03
10,454 Orsted AS 1,173,926 0.04
5,038 Pandora A/S 552,328 0.02
383 Rockwool International AS - B 147,276 0.01
18,241 Tryg A/S 396,086 0.01
21,885,098 0.77
EUR Equities
20,944 ABN Amro Bank NV 270,513 0.01
10,601 Accor SA 301,598 0.01
16,732 ACS Actividades de Construccion y Servicios 394,373 0.01
9,947 Adidas AG 2,518,580 0.09
1,041 Adyen NV 2,406,272 0.08
99,009 Aegon NV 434,947 0.02
3,892 Aena SME SA 540,210 0.02
1,388 Aeroports de Paris 157,260 0.01
10,411 Ageas SA 474,221 0.02
24,424 Air Liquide SA 3,744,688 0.14
9,855 Akzo Nobel NV 951,008 0.03
21,801 Allianz SE - Reg 4,526,978 0.15
15,875 Alstom SA 495,618 0.02
22,004 Amadeus IT Holding SA 1,312,319 0.05
6,773 Amplifon SpA 321,379 0.01
2,517 Amundi SA 182,608 0.01
40,590 Anheuser-Busch InBev SA/ NV 2,158,170 0.08
38,726 ArcelorMittal SA 1,089,943 0.04
2,113 Argenx SE 666,229 0.02
3,274 Arkema SA 405,485 0.01
98
(expressed in EUR)

76,148 Aroundtown SA 405,107 0.01
1,975 ASM International NV 767,683 0.03
21,871 ASML Holding NV 15,456,235 0.55
53,441 Assicurazioni Generali SpA 995,606 0.04
27,316 Atlantia SpA 476,801 0.02
102,074 AXA SA 2,672,808 0.09
909,501 Banco Santander Central Hispano 2,674,388 0.09
48,027 BASF SE 2,967,108 0.11
51,086 Bayer AG 2,401,042 0.09
3,356 Bayerische Motoren Werke AG Pfd 245,995 0.01
3,090 Bechtle AG 194,485 0.01
5,797 Beiersdorf AG 523,933 0.02
2,284 Biomerieux 285,272 0.01
59,163 BNP Paribas 3,595,336 0.13
34,243 Bollore Investissement 168,476 0.01
13,202 Bouygues SA 415,731 0.01
8,443 Brenntag AG 671,894 0.02
11,087 Bureau Veritas SA 323,519 0.01
174,350 Caixabank SA 420,881 0.01
8,190 Capgemini SE 1,764,945 0.06
2,142 Carl Zeiss Meditec AG - B 395,949 0.01
30,607 Carrefour SA 492,926 0.02
26,169 Cellnex Telecom SA 1,339,329 0.05
48,747 CNH Industrial NV 832,111 0.03
9,704 CNP Assurances 211,062 0.01
4,118 Colruyt SA 153,437 0.01
58,480 Commerzbank AG 391,173 0.01
5,641 Continental AG 525,234 0.02
9,214 Covestro AG 499,399 0.02
3,179 Covivio 229,524 0.01
62,238 Credit Agricole 781,087 0.03
38,562 CRH plc 1,793,904 0.07
46,251 Daimler AG - Reg 3,126,105 0.11
33,051 Danone SA 1,804,254 0.06
33,255 Dassault Systemes SE 1,739,569 0.06
24,176 Davide Campari-Milano NV 310,782 0.01
8,099 Delivery Hero AG 793,702 0.03
97,752 Deutsche Bank AG - Reg 1,077,032 0.04
9,958 Deutsche Boerse AG 1,464,822 0.05
22,060 Deutsche Lufthansa AG - Reg 136,331 0.00
1,065 Diasorin SpA 178,334 0.01
122,725 E.ON SE 1,496,263 0.05
99
(expressed in EUR)

11,782 Edenred 477,996 0.02
9,098 EDP Renovaveis SA 199,246 0.01
4,147 Eiffage SA 375,138 0.01
31,897 Electricite de France SA 329,496 0.01
854 Elia Group SA 98,808 0.00
7,242 Elisa Oyj 391,937 0.01
12,761 Enagas SA 260,324 0.01
17,837 Endesa SA 360,307 0.01
423,579 Enel SpA 2,984,538 0.11
152,912 Energias de Portugal SA 738,871 0.03
95,727 Engie SA 1,245,791 0.04
126,135 ENI SpA 1,541,370 0.05
14,209 Erste Group Bank AG 587,542 0.02
14,586 Essilor International SA 2,723,072 0.09
1,509 Eurazeo 115,891 0.00
6,530 Eurofins Scientific SE 710,464 0.03
2,988 Euronext NV 272,655 0.01
7,336 Evonik Industries AG 208,856 0.01
6,020 Exor NV 475,339 0.02
4,988 Faurecia 207,951 0.01
6,428 Ferrari NV 1,462,370 0.05
26,478 Ferrovial SA 729,734 0.03
32,696 Finecobank Banca Fineco SpA 504,663 0.02
8,016 Flutter Entertainment plc 1,114,224 0.04
22,154 Fortum Oyj 597,936 0.02
11,018 Fresenius Medical Care AG & Company KGaA 629,569 0.02
23,641 Fresenius SE & Company Kgaa 836,891 0.03
2,020 Fuchs Petrolub SE 80,638 0.00
31,895 Galp Energia SGPS SA 271,745 0.01
8,258 Gea Group AG 397,127 0.01
2,700 Gecina SA 331,830 0.01
18,995 Getlink SE 276,567 0.01
17,215 Grifols SA 290,503 0.01
3,262 Groupe Bruxelles Lambert SA 320,198 0.01
2,901 Hannover Rueckversicherung AG - Reg 484,902 0.02
8,740 HeidelbergCement AG 520,205 0.02
4,769 Heineken Holding NV 387,004 0.01
14,480 Heineken NV 1,431,493 0.05
9,160 HelloFresh SE 618,666 0.02
9,245 Henkel AG & Company KGaA Pfd 657,689 0.02
4,692 Henkel AG & Company KGaA 322,340 0.01
12,027 Holcim Limited 538,208 0.02
315,267 Iberdrola SA 3,281,929 0.12
2,839 IMCD NV 552,753 0.02
55,796 Inditex SA 1,591,860 0.06
12,273 Infrastrutture Wireless Italiane SpA 131,076 0.00
100
(expressed in EUR)

211,849 ING Groep NV 2,593,455 0.09
9,360 Inpost SA 99,197 0.00
815,837 Intesa Sanpaolo SpA 1,855,213 0.07
2,388 Ipsen SA 192,234 0.01
18,136 Jeronimo Martins SGPS SA 364,534 0.01
9,172 Just Eat Takeaway 444,567 0.02
14,719 KBC Group NV 1,110,696 0.04
3,788 Kering SA 2,677,737 0.09
7,706 Kerry Group plc - A 867,050 0.03
11,847 Kesko Oyj - B 347,591 0.01
9,098 Kingspan Group plc 966,938 0.03
2,920 Kion Group AG 281,722 0.01
11,723 Klepierre SA 244,425 0.01
3,647 Knorr-Bremse AG 316,924 0.01
18,001 Kone Oyj - B 1,134,783 0.04
3,847 La Francaise des Jeux SAEM 149,802 0.01
3,935 Lanxess AG 214,458 0.01
3,981 LEG Immobilien SE 488,469 0.02
13,348 Legrand SA 1,373,509 0.05
11,338 Linde plc 3,469,428 0.12
13,230 L’Oreal SA 5,516,248 0.20
14,501 Louis Vuitton Moet Hennessy SE 10,542,226 0.37
25,238 Mediobanca Banca di Credito Finanziario SpA 255,156 0.01
7,561 Merck KGaA 1,716,347 0.06
8,809 Michelin 1,269,817 0.04
8,897 Moncler SpA 569,586 0.02
2,693 Mtu Aero Engines Holding AG 483,124 0.02
7,272 Muenchener Rueckversicherungs AG - Reg 1,894,356 0.07
5,664 Naturgy Energy Group SA 162,160 0.01
3,287 Nemetschek SE 370,774 0.01
22,221 Neste Oyj 963,503 0.03
21,974 Nexi SpA 307,416 0.01
15,946 NN Group NV 759,189 0.03
290,198 Nokia Oyj 1,617,564 0.06
2,154 Nordea Bank Abp 23,233 0.00
10,742 OMV AG 536,563 0.02
101,905 Orange SA 959,232 0.03
5,180 Orion Oyj 189,174 0.01
2,121 Orpea SA 186,860 0.01
11,226 Pernod-Ricard SA 2,374,299 0.08
48,213 Philips NV 1,579,699 0.06
8,458 Porsche Automobil Holding SE Pfd 705,736 0.03
28,113 Poste Italiane SpA 324,424 0.01
49,418 Prosus NV 3,633,706 0.13
10,881 Proximus SA 186,500 0.01
9,880 Prysmian SpA 327,127 0.01
101
(expressed in EUR)

11,634 Publicis Groupe SA 688,733 0.02
5,821 Puma SE 625,758 0.02
11,544 Qiagen NV 565,541 0.02
3,843 Raiffeisen International Bank Holding AG 99,457 0.00
6,683 Randstad Holding NV 401,247 0.01
147 Rational AG 132,359 0.00
6,158 Recordati SpA 347,927 0.01
22,539 Red Electrica Corp. SA 428,804 0.02
44,208 RELX plc 1,260,812 0.04
808 Remy Cointreau 172,912 0.01
9,724 Renault SA 297,020 0.01
88,082 Repsol YPF SA 919,224 0.03
182,877 Royal KPN NV 499,254 0.02
32,958 RWE AG 1,177,260 0.04
24,621 Sampo Oyj - A 1,084,801 0.04
57,831 Sanofi 5,122,670 0.18
54,670 SAP SE 6,828,283 0.24
1,653 Sartorius AG 983,866 0.03
1,518 Sartorius Stedim Biotech 732,283 0.03
5,651 Scout24 AG 347,084 0.01
1,204 SEB SA 164,828 0.01
39,844 Siemens AG - Reg 6,083,382 0.21
19,922 Siemens Energy AG 448,046 0.02
17,331 Siemens Gamesa Renewable Energy SA 365,164 0.01
14,604 Siemens Healthineers AG 961,234 0.04
13,943 Smurfit Kappa Group plc 675,399 0.02
121,797 Snam SpA 645,524 0.02
4,566 Sodexo SA 351,856 0.01
401 Sofina SA 173,232 0.01
3,865 Solvay SA - A 395,003 0.01
107,328 Stellantis NV 1,790,453 0.06
28,038 Stora Enso Oyj 452,533 0.02
19,970 Suez SA 395,606 0.01
7,062 Symrise AG 920,179 0.03
532,699 Telecom Italia SpA 231,298 0.01
26,978 Telefonica Deutschland Holding AG 65,853 0.00
274,482 Telefonica SA 1,057,305 0.04
2,965 Teleperformance 1,162,280 0.04
22,206 Tenaris SA 204,517 0.01
60,706 Terna - Rete Elettrica Nazionale 431,862 0.02
4,239 Ubisoft Entertainment SA 182,574 0.01
7,360 UCB SA 738,576 0.03
10,564 Umicore SA 377,663 0.01
7,624 Unibail-Rodamco-Westfield SE 469,791 0.02
102
(expressed in EUR)

123,499 UniCredit SpA 1,672,670 0.06
74,890 Unilever plc 3,523,949 0.12
11,156 Uniper SE 466,321 0.02
6,398 United Internet AG - Reg 223,546 0.01
41,390 Universal Music Group NV 1,025,644 0.04
29,791 Upm-Kymmene Oyj 996,808 0.03
11,938 Valeo SA 317,312 0.01
3,124 Verbund - Oesterreichische Elektrizitaetswirtschafts AG 308,964 0.01
27,245 Vinci SA 2,531,332 0.09
41,390 Vivendi SA 492,127 0.02
8,246 Voestalpine AG 263,872 0.01
9,116 Volkswagen AG Pfd 1,617,908 0.06
1,245 Volkswagen AG 321,708 0.01
39,841 Vonovia SE 1,932,288 0.07
21,430 Wartsila Oyj 264,875 0.01
1,162 Wendel Investissement 122,475 0.00
14,951 Wolters Kluwer NV 1,548,923 0.06
13,050 Worldline SA 639,581 0.02
11,608 Zalando SE 825,793 0.03
265,589,399 9.40
GBP Equities
53,286 3i Group plc 919,618 0.03
134,867 Aberdeen plc 386,962 0.01
9,810 Admiral Group plc 368,867 0.01
29,241 Antofagasta plc 466,162 0.02
22,436 Ashtead Group plc 1,587,831 0.06
18,992 Associated British Foods plc 454,214 0.02
69,045 Astrazeneca plc 7,136,381 0.25
57,123 Auto Trader Group plc 503,465 0.02
7,411 Aveva Group plc 300,464 0.01
200,207 Aviva plc 978,617 0.03
864,327 Barclays plc 1,925,067 0.07
58,796 Barratt Developments plc 523,812 0.02
6,293 Berkeley Group Holdings plc 357,896 0.01
108,951 BHP Group plc 2,854,180 0.10
1,064,208 BP plc 4,189,133 0.15
116,090 British American Tobacco plc 3,779,549 0.13
45,941 British Land Company plc 290,550 0.01
429,862 BT Group plc 868,066 0.03
19,780 Bunzl plc 679,670 0.02
19,632 Burberry Group plc 424,977 0.02
10,891 Coca-Cola HBC AG 331,425 0.01
91,123 Compass Group 1,791,848 0.07
7,213 Croda International plc 869,406 0.03
4,832 DCC plc 348,184 0.01
123,219 Diageo plc 5,923,181 0.21
103
(expressed in EUR)

37,055 Entain plc 742,775 0.03
15,619 Evraz plc 111,915 0.00
46,966 Experian plc 2,031,681 0.07
11,510 Ferguson plc 1,796,547 0.06
527,474 Glencore plc 2,355,595 0.08
18,560 Halma plc 707,382 0.03
14,832 Hargreaves Lansdown plc 239,367 0.01
7,868 Hikma Pharmaceuticals plc 207,945 0.01
1,070,174 HSBC Holdings plc 5,718,580 0.20
47,857 Imperial Brands plc 921,398 0.03
64,559 Informa plc 397,226 0.01
9,419 InterContinental Hotels Group plc 536,352 0.02
7,892 Intertek Group plc 529,202 0.02
89,330 J Sainsbury plc 293,439 0.01
111,220 JD Sports Fashion plc 288,514 0.01
10,034 Johnson Matthey plc 244,515 0.01
100,012 Kingfisher plc 402,977 0.01
44,194 Land Securities Capital Markets plc 408,672 0.01
3,579,063 Lloyds Banking Group plc 2,037,621 0.07
16,578 London Stock Exchange Group plc 1,368,332 0.05
128,707 M&G plc 305,824 0.01
239,773 Melrose Industries plc 456,641 0.02
22,383 Mondi plc 486,794 0.02
178,563 National Grid plc 2,253,936 0.08
248,216 NatWest Group plc 667,248 0.02
7,709 Next plc 748,310 0.03
21,634 Ocado Group plc 432,369 0.02
35,706 Pearson plc 260,777 0.01
17,514 Persimmon plc 595,758 0.02
40,028 Phoenix Group Holdings plc 311,413 0.01
141,972 Prudential plc 2,155,106 0.08
37,128 Reckitt Benckiser Group plc 2,804,491 0.10
56,555 RELX plc 1,617,969 0.06
86,522 Rentokil Initial plc 601,818 0.02
58,649 Rio Tinto plc 3,417,221 0.12
223,541 Royal Dutch Shell plc - A 4,317,980 0.15
55,821 Sage Group plc 566,851 0.02
5,784 Schroders plc 245,247 0.01
61,606 Scottish & Southern Energy plc 1,209,957 0.04
63,048 Segro plc 1,078,706 0.04
12,718 Severn Trent plc 446,401 0.02
43,723 Smith & Nephew plc 673,601 0.02
25,146 Smiths Group plc 473,058 0.02
3,612 Spirax-Sarco Engineering plc 690,477 0.02
29,615 St James’s Place plc 593,815 0.02
104
(expressed in EUR)

188,736 Taylor Wimpey plc 394,510 0.01
383,676 Tesco plc 1,324,765 0.04
60,886 Unilever plc 2,861,183 0.10
39,371 United Utilities Group plc 510,658 0.02
14,347 Whitbread plc 511,781 0.02
57,071 WPP plc 760,966 0.03
108,104,040 3.80
HKD Equities
624,400 AIA Group Limited 5,535,542 0.19
189,500 Boc Hong Kong Holdings Limited 546,103 0.02
50,500 Budweiser Brewing Company APAC Limited 116,482 0.00
151,000 CK Hutchison Holdings Limited 856,682 0.03
39,000 CK Infrastructure Holdings 218,403 0.01
84,000 CLP Holdings Limited 746,113 0.03
64,800 ESR Cayman Limited 192,588 0.01
121,000 Galaxy Entertainment Group Limited 551,368 0.02
96,000 Hang Lung Properties Limited 173,680 0.01
42,200 Hang Seng Bank Limited 679,221 0.02
113,740 Henderson Land Development Company Limited - ADR 425,918 0.02
63,000 HK Electric Investments & Hk Electric Investments Limited 54,360 0.00
175,000 HKT Trust and Hkt Limited 206,859 0.01
590,973 Hong Kong & China Gas Company Limited 809,210 0.02
66,572 Hong Kong Exchanges and Clearing Limited 3,419,474 0.12
124,943 Link Real Estate Investment Trust 967,447 0.03
83,715 MTR Corp. 395,160 0.01
76,000 New World Development Company Limited 264,450 0.01
55,000 Power Assets Holdings Limited 301,491 0.01
126,400 Sands China Limited 258,903 0.01
131,498 Sino Land Company Limited 144,017 0.01
43,000 Sitc International Company Limited 136,770 0.00
82,000 Sun Hung Kai Properties Limited 874,943 0.03
26,000 Swire Pacific Limited - A 130,059 0.00
48,200 Swire Properties Limited 106,230 0.00
73,000 Techtronic Industries Company 1,277,878 0.05
493,563 WH Group Limited 272,224 0.01
70,000 Xinyi Glass Holdings Limited 153,960 0.01
20,958,838 0.73
ILS Equities
2,898 Azrieli Group 243,177 0.01
45,525 Bank Hapoalim BM 412,878 0.01
70,713 Bank Leumi Le-Israel BM 668,286 0.02
1 Isracard Limited 3 0.00
37,920 Israel Chemicals Limited 321,515 0.01
105
(expressed in EUR)
ILS Equities (continued)

50,374 Israel Discount Bank Limited - A 298,023 0.01
5,481 Mizrahi Tefahot Bank Limited 185,827 0.01
2,914 Nice Limited 783,532 0.03
2,913,241 0.10
JPY Equities
12,100 Advantest Corp. 1,007,146 0.04
35,600 Aeon Company Limited 736,444 0.03
8,600 AGC Inc. 360,538 0.01
7,000 Aisin Corp. 235,731 0.01
21,800 Ajinomoto Company Inc. 582,147 0.02
7,000 All Nippon Airways Company Limited 128,530 0.00
22,600 Asahi Group Holdings Limited 772,120 0.03
13,300 Asahi Intecc Company Limited 250,960 0.01
67,800 Asahi Kasei Corp. 559,675 0.02
6,300 Azbil Corp. 252,088 0.01
11,600 Bandai Namco Holdings Inc. 796,694 0.03
3,300 Benefit One Inc. 124,360 0.00
14,200 Brother Industries Limited 239,749 0.01
50,600 Canon Inc. 1,082,291 0.03
11,000 Capcom Company Limited 227,469 0.01
7,100 Central Japan Railway Company 831,966 0.03
26,000 Chiba Bank Limited 130,840 0.00
29,300 Chubu Electric Power Company Inc. 271,176 0.01
35,100 Chugai Pharmaceutical Company Limited 1,001,102 0.04
43,600 Concordia Financial Group Limited 139,169 0.00
800 Cosmos Pharmaceutical Corp. 103,425 0.00
20,000 Cyberagent Inc. 292,316 0.01
13,000 Dai Nippon Printing Company Limited 287,192 0.01
5,200 Daifuku Company Limited 373,260 0.01
54,000 Dai-ichi Mutual Life Insurance Company 958,938 0.03
93,000 Daiichi Sankyo Company Limited 2,077,252 0.07
3,800 Daito Trust Construction Company Limited 382,164 0.01
28,200 Daiwa House Industry Company Limited 712,353 0.03
120 Daiwa House Residential Investment Corp. 319,348 0.01
85,900 Daiwa Securities Group Inc. - ADR 425,518 0.02
23,000 Denso Corp. 1,673,615 0.06
11,300 Dentsu Inc. 353,788 0.01
1,700 Disco Corp. 456,304 0.02
15,100 East Japan Railway Company 815,570 0.03
12,800 Eisai Company Limited 638,367 0.02
9,900 Fanuc Corp. 1,843,102 0.07
3,000 Fast Retailing Company Limited 1,496,172 0.05
7,200 Fuji Electric Holdings Company Limited 345,281 0.01
106
(expressed in EUR)

10,400 Fujitsu Limited 1,566,899 0.06
173 GLP J-REIT 262,761 0.01
2,800 Gmo Payment Gateway Inc. 306,825 0.01
14,100 Hakuhodo Dy Holdings Inc. 206,298 0.01
7,600 Hamamatsu Photonics KK 425,981 0.02
10,300 Hankyu Hanshin Holdings Inc. 256,803 0.01
9,900 Hino Motors Limited 71,668 0.00
1,000 Hirose Electric Company Limited 147,685 0.01
5,900 Hitachi Construction Machinery Company Limited 149,804 0.01
48,200 Hitachi Limited 2,293,061 0.08
11,600 Hitachi Metals Limited 188,765 0.01
2,400 Hoshizaki Electric Company Limited 158,529 0.01
20,400 Hoya Corp. 2,665,389 0.08
23,400 Hulic Company Limited 195,128 0.01
6,500 Ibiden Company Limited 339,508 0.01
8,480 Idemitsu Kosan Company Limited 190,187 0.01
5,000 Iida Group Holdings Company Limited 102,173 0.00
58,000 Inpex Corp. 443,789 0.02
30,100 Isuzu Motors Limited 328,917 0.01
1,800 Ito En Limited 83,021 0.00
59,300 Itochu Corp. 1,593,056 0.06
7,900 Itochu Techno-Solutions Corp. 223,208 0.01
5,600 Japan Airlines Company Limited 93,908 0.00
26,400 Japan Exchange Group Inc. 507,622 0.02
310 Japan Metropolitan Fund Investment 234,593 0.01
20,400 Japan Post Bank Company Limited 164,348 0.01
127,300 Japan Post Holdings Company Limited 871,775 0.03
15,500 Japan Post Insurance Company Limited 218,970 0.01
74 Japan Real Estate Investment Corp. 368,999 0.01
61,400 Japan Tobacco Inc. 1,088,942 0.04
29,800 Jfe Holdings Inc. 333,831 0.01
13,500 JSR Corp. 451,016 0.02
22,000 Kajima Corp. 221,925 0.01
10,300 Kakaku.Com Inc. 241,466 0.01
35,000 Kansai Electric Power Company Inc. 287,047 0.01
8,000 Kansai Paint Company Limited 152,725 0.01
25,100 Kao Corp. 1,153,662 0.04
82,200 KDDI Corp. 2,110,328 0.07
4,500 Keio Corp. 174,221 0.01
5,200 Keisei Electric Railway Company Limited 123,494 0.00
10,100 Keyence Corp. 5,574,681 0.20
7,900 Kikkoman Corp. 583,356 0.02
10,000 Kintetsu Corp. 245,506 0.01
42,200 Kirin Holdings Company Limited 595,196 0.02
2,900 Kobayashi Pharmaceutical Company 200,192 0.01
5,200 Kobe Bussan Company Limited 176,902 0.01
107
(expressed in EUR)

3,770 Koei Tecmo Holdings Company Limited 130,269 0.00
5,900 Koito Manufacturing Company Limited 274,378 0.01
46,800 Komatsu Limited 962,594 0.03
4,200 Konami Corp. 177,039 0.01
1,800 Kose Corp. 179,376 0.01
51,500 Kubota Corp. 1,004,208 0.04
5,400 Kurita Water Industries Limited 225,147 0.01
17,800 Kyocera Corp. 976,896 0.03
15,800 Kyowa Kirin Company Limited 378,247 0.01
4,200 Lasertec Corp. 1,131,830 0.04
2,000 Lawson Inc. 83,235 0.00
14,000 Lion Corp. 164,317 0.01
11,700 Lixil Corp. 273,840 0.01
24,000 M3 Inc. 1,061,684 0.04
10,400 Makita Corp. 387,794 0.01
79,700 Marubeni Corp. 681,338 0.02
32,700 Mazda Motor Corp. 220,989 0.01
2,000 McDonald’s Holdings Company Japan Limited 77,737 0.00
6,400 Meiji Holdings Company Limited 335,262 0.01
7,800 Mercari Inc. 349,038 0.01
19,800 Minebea Company Limited 493,661 0.02
14,200 Misumi Group Inc. 511,812 0.02
74,200 Mitsubishi Chemical Holdings Corp. 482,752 0.02
65,500 Mitsubishi Corp. 1,826,639 0.06
98,200 Mitsubishi Electric Corp. 1,093,700 0.04
60,800 Mitsubishi Estate Company Limited 740,301 0.03
8,900 Mitsubishi Gas Chemical Company Inc. 132,391 0.00
13,600 Mitsubishi Heavy Industries Limited 276,145 0.01
13,600 Mitsubishi UFJ Lease & Finance Company Limited 59,092 0.00
7,600 Mitsui Chemicals Inc. 179,330 0.01
48,600 Mitsui Fudosan Company Limited 845,602 0.03
3,500 Miura Company Limited 105,839 0.00
16,000 Monotaro Company Limited 253,279 0.01
24,200 MS&AD Insurance Group Holdings 655,846 0.02
30,700 Murata Manufacturing Company Limited 2,146,703 0.08
11,800 NEC Corp. 478,473 0.02
29,300 Nexon Company Limited 497,603 0.02
11,500 NGK Insulators Limited 170,716 0.01
22,800 Nidec Corp. 2,353,922 0.08
17,000 Nihon M&A Center Inc. 366,212 0.01
74 Nippon Building Fund Inc. 378,606 0.01
35,000 Nippon Paint Company Limited 335,155 0.01
137 Nippon Prologis REIT Inc. 425,790 0.02
108
(expressed in EUR)

5,800 Nippon Sanso Holdings Corp. 111,301 0.00
2,400 Nippon Shinyaku Company Limited 146,799 0.01
43,200 Nippon Steel & Sumitomo Metal Corporation Corp. 619,691 0.02
63,800 Nippon Telegraph & Telephone Corp. 1,534,658 0.05
9,900 Nippon Yusen Kabushiki Kaisha 662,247 0.02
6,900 Nissan Chemical Industries Limited 351,970 0.01
138,900 Nissan Motor Company Limited 589,524 0.02
11,900 Nisshin Seifun Group Inc. 150,665 0.01
3,700 Nissin Foods Holdings Company Limited 237,052 0.01
4,200 Nitori Holdings Company Limited 552,445 0.02
8,900 Nitto Denko Corp. 604,188 0.02
176,200 Nomura Holdings Inc. 675,041 0.02
8,200 Nomura Real Estate Holdings Inc. 165,748 0.01
266 Nomura Real Estate Master Fund Inc. 328,655 0.01
17,700 Nomura Research Institute Limited 667,023 0.02
38,800 NTT Data Corp. 730,643 0.03
30,000 Obayashi Corp. 203,888 0.01
3,900 Obic Company Limited 643,278 0.02
16,500 Odakyu Electric Railway Company Limited 269,132 0.01
72,000 Oji Holdings Corp. 306,244 0.01
58,300 Olympus Corp. 1,179,541 0.04
10,300 Omron Corp. 901,368 0.03
16,900 Ono Pharmaceutical Company Limited 368,575 0.01
3,100 Open House Company Limited 142,508 0.01
3,100 Oracle Corp. 206,897 0.01
11,100 Oriental Land Company Limited 1,643,966 0.05
66,300 Orix Corp. 1,188,501 0.04
183 Orix Jreit Inc. 251,259 0.01
20,100 Osaka Gas Company Limited 291,782 0.01
6,700 Otsuka Corp. 280,884 0.01
20,100 Otsuka Holdings Company Limited 639,895 0.02
28,400 Pan Pacific International Holdings Corp. 344,172 0.01
110,400 Panasonic Corp. 1,066,449 0.04
7,700 Persol Holdings Company Limited 196,389 0.01
3,000 Pola Orbis Holdings Inc. 43,916 0.00
39,400 Rakuten Inc. 347,202 0.01
57,800 Renesas Electronics Corp. 628,077 0.02
114,500 Resona Holdings Inc. 391,185 0.01
36,300 Ricoh Company Limited 296,877 0.01
800 Rinnai Corp. 63,411 0.00
4,600 Rohm Company Limited 367,777 0.01
13,000 Ryohin Keikaku Company Limited 174,122 0.01
23,100 Santen Pharmaceutical Company Limited 248,191 0.01
10,600 SBI Holdings Inc. 253,760 0.01
6,600 SCSK Corp. 115,364 0.00
11,400 Secom Company Limited 695,208 0.02
15,800 Seiko Epson Corp. 249,872 0.01
109
(expressed in EUR)

17,000 Sekisui Chemical Company Limited 249,507 0.01
29,700 Sekisui House Limited 559,961 0.02
40,400 Seven & I Holdings Company Limited 1,559,800 0.06
21,000 SG Holdings Company Limited 431,853 0.02
13,000 Sharp Corp. 131,137 0.00
12,000 Shimadzu Corp. 444,888 0.02
3,900 Shimano Inc. 913,098 0.03
31,000 Shimizu Corp. 168,784 0.01
18,500 Shin-Etsu Chemical Company Limited 2,814,113 0.10
15,200 Shionogi & Company Limited 943,078 0.03
20,000 Shiseido Company Limited 979,579 0.03
19,000 Shizuoka Bank Limited 119,263 0.00
2,900 SMC Corp. 1,718,242 0.06
146,200 Softbank Corp. 1,623,834 0.06
63,600 SoftBank Group Corp. 2,639,108 0.09
2,500 Sohgo Security Services Company Limited 87,244 0.00
16,700 Sompo Holdings Inc 619,646 0.02
65,900 Sony Group Corp. 7,284,243 0.26
5,000 Square Enix Holdings Company Limited 225,270 0.01
5,600 Stanley Electric Company Limited 123,115 0.00
30,800 Subaru Corp. 483,800 0.02
12,500 Sumco Corp. 224,220 0.01
62,000 Sumitomo Chemical Company Limited 256,609 0.01
56,200 Sumitomo Corp. 729,782 0.03
7,200 Sumitomo Dainippon Pharma Company Limited 72,850 0.00
38,000 Sumitomo Electric Industries Limited 435,121 0.02
9,800 Sumitomo Metal Mining Company Limited 325,534 0.01
16,700 Sumitomo Mitsui Trust Holdings Inc. 490,080 0.02
18,000 Sumitomo Realty & Development Company Limited 465,002 0.02
5,200 Suntory Beverage & Food Limited 165,187 0.01
21,200 Suzuki Motor Corp. 717,005 0.03
9,200 Sysmex Corp. 1,092,443 0.04
31,800 T&D Holdings Inc. 357,450 0.01
9,300 Taisei Corp. 248,205 0.01
2,400 Taisho Pharmaceutical Holdings Company Limited 96,950 0.00
19,200 Tdk Corp. 658,306 0.02
34,700 Terumo Corp. 1,287,793 0.05
14,800 TIS Inc. 387,082 0.01
8,900 Tobu Railway Company Limited 178,198 0.01
4,300 Toho Company Limited 161,717 0.01
29,700 Tokio Marine Holdings Inc. 1,449,685 0.05
2,200 Tokyo Century Corp. 93,743 0.00
19,900 Tokyo Gas Company Limited 313,345 0.01
24,500 Tokyu Corp. 285,871 0.01
14,500 Toppan Printing Company Limited 238,725 0.01
110
(expressed in EUR)

73,200 Toray Industries Inc. 381,108 0.01
11,800 Tosoh Corp. 153,724 0.01
6,300 Toto Limited 254,493 0.01
4,900 Toyo Suisan Kaisha Limited 182,411 0.01
6,700 Toyota Industries Corp. 470,187 0.02
550,500 Toyota Motor Corp. 8,851,013 0.31
11,800 Toyota Tsusho Corp. 477,571 0.02
6,500 Trend Micro Inc. 317,172 0.01
2,200 Tsuruha Holdings Inc. 185,469 0.01
20,500 Unicharm Corp. 782,560 0.03
13,200 USS Company Limited 181,034 0.01
4,200 Welcia Holdings Company Limited 115,139 0.00
12,200 West Japan Railway Company 448,111 0.02
6,100 Yakult Honsha Company Limited 279,487 0.01
8,300 Yamaha Corp. 359,370 0.01
16,000 Yamato Holdings Company Limited 330,253 0.01
11,800 Yaskawa Electric Corp. 508,208 0.02
12,100 Yokogawa Electric Corp. 191,635 0.01
141,800 Z Holdings Corp. 722,675 0.03
7,446 ZOZO Inc. 204,126 0.01
177,587,576 6.32
NOK Equities
7,764 Adevinta ASA 90,816 0.00
44,878 DNB Bank ASA 903,993 0.03
57,334 Equinor ASA 1,348,715 0.05
5,720 Gjensidige Forsikring ASA 122,065 0.00
22,755 Mowi ASA 473,565 0.02
79,956 Norsk Hydro ASA 554,295 0.02
42,785 Orkla ASA 376,988 0.01
3,538 Schibsted ASA - A 119,990 0.00
3,108 Schibsted ASA - B 92,049 0.00
40,569 Telenor ASA 560,709 0.02
9,521 Yara International ASA 422,496 0.01
5,065,681 0.16
NZD Equities
61,467 Auckland International Airport Limited 284,947 0.01
30,905 Fisher & Paykel Healthcare Corp. 609,543 0.02
41,739 Mercury NZ Limited 153,789 0.01
64,602 Meridian Energy Limited 188,634 0.01
20,538 Ryman Healthcare Limited 151,470 0.01
73,182 Spark New Zealand Limited 199,147 0.01
1,587,530 0.07
SEK Equities
14,428 Alfa Laval AB 510,638 0.02
50,028 Assa Abloy AB - B 1,342,041 0.05
35,895 Atlas Copco AB - A 2,181,716 0.08
111
(expressed in EUR)

21,586 Atlas Copco AB - B 1,115,773 0.04
13,314 Boliden AB 452,591 0.02
14,281 Electrolux AB - B 304,454 0.01
22,868 Embracer Group AB 214,353 0.01
35,846 Epiroc AB - A 797,966 0.03
21,586 Epiroc AB - B 401,905 0.01
14,133 EQT AB 676,722 0.02
30,786 Essity AB - B 883,268 0.03
10,399 Evolution Gaming Group AB 1,299,059 0.05
5,395 Fastighets AB Balder - B 341,535 0.01
9,503 Getinge AB - B 364,667 0.01
36,611 Hennes & Mauritz AB - B 633,221 0.02
106,729 Hexagon AB - B 1,489,076 0.05
30,074 Husqvarna AB - B 423,096 0.01
9,854 Industrivarden AB 271,901 0.01
1,242 Industrivarden AB - A 34,789 0.00
6,121 Investment AB Latour - B 219,192 0.01
19,583 Investor AB - A 453,815 0.02
100,812 Investor AB - B 2,229,973 0.08
10,040 Kinnevik AB 314,723 0.01
3,020 LE Lundbergforetagen AB 149,005 0.01
11,981 Lifco AB - B 315,000 0.01
10,420 Lundin Petroleum AB 328,406 0.01
67,640 Nibe Industrier AB - B 898,379 0.03
170,211 Nordea Bank Abp 1,826,749 0.06
4,666 Sagax AB - B 138,221 0.00
57,561 Sandvik AB 1,412,182 0.05
16,049 Securitas AB - B 194,298 0.01
31,326 Sinch AB 350,194 0.01
79,227 Skandinaviska Enskilda Banken AB - A 968,401 0.03
17,214 Skanska AB - B 391,559 0.01
17,250 SKF AB 359,373 0.01
32,117 Svenska Cellulosa AB SCA - B 501,435 0.02
80,770 Svenska Handelsbanken AB - A 767,687 0.03
39,601 Swedbank AB - A 700,398 0.02
102,460 Swedish Match AB 716,698 0.03
31,283 Tele2 AB - B 392,251 0.01
155,111 Telefonaktiebolaget LM Ericsson - B 1,503,344 0.05
173,614 Telia Company AB 597,005 0.02
5,295 Volvo AB - A 109,335 0.00
77,670 Volvo AB - B 1,581,529 0.06
31,157,923 1.08
SGD Equities
114,999 Ascendas 221,279 0.01
123,952 Capitaland Investment Limiteds 275,697 0.01
15,500 City Developments Limited 68,850 0.00
100,148 DBS Group Holdings Limited 2,133,454 0.08
112
(expressed in EUR)
SGD Equities (continued)

287,800 Genting Singapore Limited 145,485 0.01
86,600 Keppel Corp. Limited 289,210 0.01
81,048 Mapletree Logistics Trust 100,443 0.00
188,519 Oversea-Chinese Banking Corp. Limited 1,401,796 0.05
74,500 Singapore Airlines Limited 242,483 0.01
51,400 Singapore Exchange Limited 311,796 0.01
411,900 Singapore Telecommunications Limited 623,311 0.02
68,600 United Overseas Bank Limited 1,203,653 0.04
12,000 UOL Group Limited 55,495 0.00
10,600 Venture Corp. Limited 126,596 0.00
112,200 Wilmar International Limited 302,983 0.01
8,042,517 0.28
USD Equities
4,000 10X Genomics Inc. - A 523,954 0.02
29,902 3M Company 4,670,676 0.16
92,773 AbbVie Inc. 11,045,959 0.39
2,065 Abiomed Inc. 652,204 0.02
33,174 Accenture plc - A 12,093,106 0.43
41,482 Activision Blizzard Inc. 2,426,836 0.09
25,136 Adobe Inc. 12,533,961 0.45
3,847 Advance Auto Parts Inc. 811,483 0.03
62,998 Advanced Micro Devices Inc. 7,971,696 0.28
32,300 AES Corp. 690,195 0.02
4,300 Affirm Holdings Inc. 380,239 0.01
31,715 Aflac Inc. 1,628,420 0.06
33,375 AGNC Investment Corp. 441,400 0.02
11,686 Air Products & Chemicals Inc. 3,126,611 0.11
11,400 Airbnb Inc. - A 1,668,999 0.06
8,627 Akamai Technologies Inc. 887,886 0.03
6,330 Albemarle Corp. 1,301,235 0.05
7,285 Alexandria Real Estate Equities Inc. 1,428,301 0.05
3,736 Align Technology Inc. 2,159,009 0.08
750 Alleghany Corp. 440,285 0.02
4,924 Allegion plc 573,456 0.02
12,491 Alliant Energy Corp. 675,186 0.02
14,602 Allstate Corp. 1,510,662 0.05
20,788 Ally Financial Inc. 870,310 0.03
6,286 Alnylam Pharmaceuticals Inc. 937,372 0.03
15,743 Alphabet Inc. - A 40,105,610 1.42
15,100 Alphabet Inc. - C 38,421,746 1.36
94,006 Altria Group Inc. 3,917,468 0.14
23,755 Amazon.com Inc. 69,651,114 2.47
26,330 AMC Entertainment Inc. 629,771 0.02
80,523 Amcor plc 850,406 0.03
400 Amerco 255,445 0.01
113
(expressed in EUR)

12,361 Ameren Corp. 967,510 0.03
26,206 American Electric Power Company Inc. 2,050,253 0.07
35,771 American Express Company 5,146,093 0.18
3,950 American Financial Group Inc. 476,973 0.02
23,429 American Tower Corp. 6,026,188 0.21
6,900 Ameriprise Financial Inc. 1,830,332 0.06
7,450 Amerisourcebergen Corp. 870,586 0.03
12,335 Ametek Inc. 1,594,916 0.06
29,701 Amgen Inc. 5,875,690 0.20
30,772 Amphenol Corp. - A 2,366,619 0.08
27,868 Analog Devices Inc. 4,307,385 0.15
61,338 Annaly Capital Management Inc. 421,793 0.01
4,239 Ansys Inc. 1,495,205 0.05
12,691 Anthem Inc. 5,173,044 0.17
6,600 AO Smith Corp. 498,250 0.02
11,638 Aon plc 3,075,903 0.11
9,488 Apollo Global Management Inc. 604,305 0.02
863,231 Apple Inc. 134,790,652 4.78
14,256 Aptiv plc 2,067,823 0.06
12,730 Aramark Holdings Corp. 412,505 0.01
19,654 Arch Capital Group Limited 768,220 0.03
28,614 Archer-Daniels-Midland Company 1,700,686 0.07
4,250 Arrow Electronics Inc. 501,800 0.02
9,885 Arthur J Gallagher & Company 1,474,840 0.05
3,208 Asana Inc. 210,303 0.01
3,237 Assurant Inc. 443,650 0.02
23,953 AstraZeneca plc - ADR 1,226,928 0.04
372,046 AT&T Inc. 8,048,128 0.30
6,861 Atmos Energy Corp. 632,103 0.02
11,481 Autodesk Inc. 2,838,852 0.10
1,212 Autozone Inc. 2,234,281 0.08
4,244 Avalara Inc. 481,835 0.02
25,153 Avantor Inc. 932,067 0.03
5,250 Avery Dennison Corp. 999,818 0.04
36,052 Baker Hughes a GE Company 762,760 0.03
17,512 Ball Corp. 1,482,483 0.05
395,665 Bank of America Corp. 15,479,366 0.56
43,788 Bank of New York Mellon Corp. 2,236,376 0.08
12,654 Bath & Body Works Inc. 776,576 0.03
26,718 Baxter International Inc. 2,016,772 0.07
15,478 Becton Dickinson & Company 3,422,799 0.12
8,200 Bentley Systems Inc. - B 348,493 0.01
114
(expressed in EUR)

69,114 Berkshire Hathaway Inc. - B 18,171,900 0.63
3,883 Bill.com Holdings Inc. 850,729 0.03
8,079 Biogen Idec Inc. 1,704,462 0.06
10,236 BioMarin Pharmaceuticals Inc. 795,243 0.03
980 Bio-Rad Laboratories Inc. - A 651,124 0.02
1,693 Bio-Techne Corp. 770,187 0.03
8,719 Black Knight Inc. 635,524 0.02
7,909 BlackRock Inc. 6,367,539 0.24
34,400 Blackstone Group Inc./The 3,914,014 0.15
20,349 Block Inc. 2,890,051 0.10
2,193 Booking Holdings Inc. 4,626,725 0.16
7,600 Booz Allen Hamilton Holding Corp. 566,658 0.02
10,519 Borgwarner Inc. 416,894 0.01
7,841 Boston Properties Inc. 794,167 0.03
74,015 Boston Scientific Corp. 2,764,823 0.10
21,282 Broadcom Inc. 12,452,739 0.44
6,163 Broadridge Financial Solutions Inc. 990,784 0.04
12,871 Brown & Brown Inc. 795,440 0.03
16,935 Brown-Forman Corp. - B 1,085,019 0.04
8,532 Bunge Limited 700,446 0.02
3,434 Burlington Stores Inc. 880,272 0.03
183 Cable One Inc. 283,777 0.01
11,300 Caesars Entertainment Inc. 929,378 0.03
4,945 Camden Property Trust 776,972 0.03
9,300 Campbell Soup Company 355,415 0.01
15,791 Cardinal Health Inc. 714,983 0.03
7,800 Carlyle Group Inc. 376,556 0.01
9,292 Carmax Inc. P.P. 144A 1,064,102 0.04
46,772 Carnival Corp. 827,517 0.03
41,200 Carrier Global Corp. 1,965,079 0.06
3,900 Carvana Company 794,918 0.03
8,332 Catalent Inc. 938,046 0.03
28,785 Caterpillar Inc. 5,233,038 0.19
5,560 Cboe Global Markets Inc 637,552 0.02
16,044 CBRE Group Inc. - A 1,530,895 0.05
7,494 CDW Corp. 1,349,474 0.05
6,650 Celanese Corp. 982,764 0.03
30,099 Centene Corp. 2,180,934 0.08
31,384 Centerpoint Energy Inc. 770,249 0.03
5,700 Ceridian HCM Holding Inc. 523,586 0.01
14,577 Cerner Corp. 1,190,438 0.04
11,627 CF Industries Holdings Inc. 723,671 0.03
7,175 CH Robinson Worldwide Inc. 679,076 0.02
2,680 Charles River Laboratories International Inc. 887,944 0.03
115
(expressed in EUR)

75,138 Charles Schwab Corp. 5,556,724 0.20
7,064 Charter Communications Inc. - A 4,049,873 0.13
6,941 Check Point Software Technologies 711,434 0.03
12,764 Cheniere Energy Inc. 1,138,344 0.04
100,669 Chevron Corp. 10,388,240 0.37
3,800 Chewy Inc. 197,051 0.01
1,366 Chipotle Mexican Grill Inc. 2,099,990 0.07
23,800 Chubb Limited 4,045,707 0.14
14,613 Church & Dwight Company Inc. 1,317,123 0.05
18,159 Cigna Corp. 3,666,770 0.13
7,250 Cincinnati Financial Corp. 726,339 0.03
4,813 Cintas Corp. 1,875,639 0.07
103,617 Citigroup Inc. 5,502,489 0.19
25,656 Citizens Financial Group Inc. 1,065,992 0.04
6,798 Citrix Systems Inc. 565,444 0.02
21,200 Clarivate Analytics plc 438,466 0.02
7,088 Clorox Company 1,086,760 0.04
12,500 Cloudflare Inc. - A 1,445,436 0.05
18,815 CME Group Inc. 3,779,877 0.13
14,643 CMS Energy Corp. 837,607 0.03
213,462 Coca Cola Company 11,114,216 0.40
11,712 Coca-Cola Europacific Partners Plc 576,022 0.02
9,876 Cognex Corp. 675,306 0.02
30,138 Cognizant Technology Solutions Corp. - A 2,351,252 0.08
1,900 Coinbase Global Inc. - A 421,652 0.01
39,883 Colgate-Palmolive Company 2,992,979 0.11
238,828 Comcast Corp. - A 10,570,008 0.37
25,563 Conagra Foods Inc. 767,654 0.03
69,925 Conocophillips 4,438,258 0.16
8,572 Constellation Brands - A 1,891,765 0.07
2,350 Cooper Companies Inc. 865,731 0.03
11,211 Copart Inc. 1,494,734 0.05
41,655 Corning Inc. 1,363,714 0.05
37,666 Corteva Inc. 1,565,994 0.06
19,480 Costar Group Inc. 1,353,768 0.05
38,409 Coterra Energy Inc. 641,726 0.02
3,716 Coupa Software Inc. 516,456 0.02
9,911 Crowdstrike Holdings Inc. - A 1,784,451 0.06
22,805 Crown Castle International Corp. 4,185,996 0.15
7,100 Crown Holdings Inc. 690,645 0.02
119,577 CSX Corp. 3,953,654 0.14
7,909 Cummins Inc. 1,517,120 0.05
69,459 CVS Health Corp. 6,300,906 0.22
2,700 Cyberark Software Limited 411,410 0.01
33,949 Danaher Corp. 9,821,985 0.34
116
(expressed in EUR)

6,482 Darden Restaurants Inc. 858,643 0.03
9,800 Datadog Inc. - A 1,534,891 0.05
4,540 Davita Inc. 454,160 0.02
15,437 Deere & Company 4,654,583 0.17
10,050 Delta Air Lines Inc. 345,369 0.02
12,144 Dentsply Sirona Inc. 595,774 0.02
32,869 Devon Energy Corp. 1,273,197 0.05
5,259 Dexcom Inc. 2,483,134 0.09
7,241 Diamondback Energy Inc. 686,723 0.02
14,781 Digital Realty Trust Inc. 2,298,906 0.08
15,624 Discover Financial Services 1,587,680 0.06
13,659 DISH Network Corp. - A 389,639 0.01
10,238 DocuSign Inc. 1,371,219 0.05
12,611 Dollar General Corp. 2,615,241 0.09
12,062 Dollar Tree Inc. 1,490,461 0.05
1,850 Domino’s Pizza Inc. 918,054 0.03
4,900 Doordash Inc. - A 641,585 0.02
7,632 Dover Corp. 1,218,758 0.04
39,200 Dow Inc. 1,955,174 0.07
19,303 DR Horton Inc. 1,840,847 0.07
17,100 DraftKings Inc. - A 413,065 0.01
15,053 Dropbox Inc. - A 324,833 0.01
9,400 DTE Energy Company 988,108 0.04
40,670 Duke Energy Corp. 3,751,568 0.12
18,678 Duke Realty Corp. 1,078,108 0.04
9,745 Dynatrace Inc. 517,157 0.02
6,550 Eastman Chemical Company 696,413 0.02
21,509 Eaton Corp. plc 3,268,717 0.12
35,427 Ebay Inc. 2,071,663 0.07
13,150 Ecolab Inc. 2,712,679 0.10
19,825 Edison International 1,189,814 0.04
31,932 Edwards Lifesciences Corp. 3,637,698 0.13
23,273 Elanco Animal Health Inc. 580,802 0.02
15,387 Electronic Arts Inc. 1,784,686 0.06
43,122 Eli Lilly & Company 10,474,111 0.37
6,600 Enphase Energy Inc. 1,061,734 0.04
6,040 Entegris Inc. 736,039 0.03
10,515 Entergy Corp. 1,041,606 0.04
31,325 EOG Resources Inc. 2,446,887 0.09
2,737 Epam Systems Inc. 1,608,818 0.06
6,445 Equifax Inc. 1,659,366 0.06
4,563 Equinix Inc. 3,393,922 0.12
117
(expressed in EUR)

17,226 Equitable Holdings Inc. 496,694 0.02
9,770 Equity Lifestyle Properties Inc. 753,111 0.03
18,558 Equity Residential 1,476,872 0.05
1,241 Erie Indemnity Company - A 210,245 0.01
11,171 Essential Utilities Inc. 527,410 0.02
3,163 Essex Property Trust Inc. 979,690 0.03
6,891 Etsy Inc. 1,326,693 0.05
1,800 Everest Re Group Limited 433,570 0.02
14,031 Evergy Inc. 846,524 0.03
9,352 Exact Sciences Corp. 640,051 0.02
51,434 Exelon Corp. 2,612,406 0.09
7,169 Expedia Group Inc. 1,139,273 0.04
8,000 Expeditors International Washington Inc. 944,706 0.03
6,550 Extra Space Storage Inc. 1,305,911 0.05
220,725 Exxon Mobil Corp. 11,876,681 0.41
3,050 F5 Inc. 656,319 0.02
1,907 Factset Research Systems Inc. 815,003 0.03
1,263 Fair Isaac Corp. 481,644 0.02
30,943 Fastenal Company 1,743,061 0.06
13,102 Fedex Corp. 2,979,864 0.11
14,078 Fidelity National Financial Inc 645,964 0.02
32,347 Fidelity National Information Services Inc. 3,104,709 0.11
41,670 Fifth Third Bancorp 1,595,787 0.06
8,964 First Republic Bank 1,627,819 0.06
27,178 FirstEnergy Corp. 993,962 0.04
30,977 Fiserv Inc. 2,827,210 0.10
2,087 Fiverr International Limited 208,663 0.01
4,530 Fleetcor Technologies Inc. 891,660 0.03
6,200 FMC Corp. 599,119 0.02
7,322 Fortinet Inc. 2,314,040 0.08
17,043 Fortive Corp. 1,143,344 0.04
6,650 Fortune Brands Home & Security Inc. 625,119 0.02
17,667 Fox Corp. 573,261 0.02
7,244 Fox Corp. 218,301 0.01
15,750 Franklin Resources Inc. 463,830 0.02
76,203 Freeport-McMoran Inc. 2,796,299 0.10
2,700 Futu Holdings Limited 102,805 0.00
7,803 Garmin Limited 934,343 0.03
4,622 Gartner Inc. 1,358,800 0.05
3,198 Generac Holdings Inc. 989,659 0.04
57,526 General Electric Company 4,778,826 0.16
67,704 General Motors Company 3,490,578 0.12
7,763 Genuine Parts Company 957,063 0.03
118
(expressed in EUR)

16,069 Global Payments Inc. 1,910,137 0.07
5,862 Globe Life Inc. 483,105 0.02
8,512 GoDaddy Inc. - A 635,181 0.02
2,417 Grainger (WWW) Inc. 1,101,465 0.04
5,669 Guidewire Software Inc. 565,953 0.02
44,735 Halliburton Company 899,657 0.03
18,417 Hartford Financial Services Group Inc. 1,118,106 0.04
5,899 Hasbro Inc. 527,964 0.02
13,961 HCA Healthcare Inc 3,154,115 0.10
27,628 Healthpeak Properties Inc. 876,798 0.03
2,466 Heico Corp. 312,739 0.01
3,756 Heico Corp. - A 424,482 0.02
7,875 Henry Schein Inc. 536,888 0.02
7,736 Hershey Company 1,316,113 0.05
14,834 Hess Corp. 965,671 0.03
14,890 Hilton Worldwide Holdings Inc. 2,042,465 0.07
14,309 Hologic Inc. 963,328 0.03
54,909 Home Depot Inc. 20,038,503 0.72
69,700 Hongkong Land Holdings Limited 318,713 0.01
11,250 Horizon Pharma plc 1,066,040 0.04
15,660 Hormel Foods Corp. 672,146 0.02
37,789 Host Hotels & Resorts Inc. 577,867 0.02
23,299 Howmet Aerospace Inc. 652,134 0.02
66,512 HP inc. 2,203,225 0.08
2,247 Hubspot Inc. 1,302,418 0.05
6,652 Humana Inc. 2,713,328 0.10
77,343 Huntington Bancshares Inc. 1,048,742 0.04
3,808 IAC 437,692 0.02
45,899 IBM Corp. 5,394,707 0.19
3,932 IDEX Corp. 817,104 0.03
4,350 Idexx Laboratories Inc. 2,518,731 0.09
19,765 IHS Markit Limited 2,310,203 0.08
16,766 Illinois Tool Works Inc. 3,638,629 0.13
7,726 Illumina Inc. 2,584,664 0.09
11,174 Incyte Corp. Limited 721,220 0.03
19,592 Ingersoll Rand Inc. 1,065,914 0.04
2,213 Inmode Limited 137,349 0.00
3,129 Insulet Corp. 732,090 0.03
212,233 Intel Corp. 9,611,326 0.34
29,448 IntercontinentalExchange Inc. 3,541,684 0.13
12,710 International Flavors & Fragrances Inc. 1,683,751 0.06
20,284 International Paper Company 837,972 0.03
17,200 Interpublic Group of Companies Inc. 566,426 0.02
13,988 Intuit Inc. 7,911,855 0.28
23,262 Invesco Limited 470,886 0.02
119
(expressed in EUR)

31,265 Invitation Homes Inc. 1,246,531 0.04
1,550 Ipg Photonics Corp. 234,626 0.01
14,070 Iron Mountain Inc. 647,453 0.02
4,296 Jack Henry & Associates Inc. 630,838 0.02
11,600 Jardine Matheson Holdings Limited 561,129 0.02
4,700 JB Hunt Transport Services Inc. 844,777 0.03
6,504 JM Smucker Company 776,797 0.03
136,477 Johnson & Johnson 20,530,355 0.74
19,641 Juniper Networks Inc. 616,761 0.02
14,021 Kellogg Company 794,260 0.03
35,967 Keurig Dr Pepper Inc. 1,165,796 0.04
53,434 Keycorp 1,086,817 0.04
27,358 KKR & Company Inc. 1,792,271 0.06
7,761 KLA Corp. 2,935,353 0.10
8,708 Knight-Swift Transportation 466,642 0.02
1,986 Kornit Digital Limited 265,889 0.01
39,200 Kroger Company 1,560,141 0.06
18,800 Las Vegas Sands Corp. 622,258 0.02
2,800 Lear Corp. 450,457 0.02
7,158 Leidos Holdings Inc. 559,573 0.02
14,908 Lennar Corp. - A 1,522,787 0.05
1,550 Lennox International Inc. 442,102 0.02
8,009 Liberty Broadband Corp. 1,134,585 0.04
761 Liberty Broadband Corp. - A 107,672 0.00
20,982 Liberty Global plc 518,277 0.02
10,176 Liberty Media Corp. 565,890 0.02
10,500 Lincoln National Corp. 630,259 0.02
16,288 Linde plc 4,961,882 0.18
9,518 Live Nation Inc. 1,001,767 0.04
15,031 Lkq Corp. 793,450 0.03
14,000 Loews Corp. 711,080 0.03
21,600 Lucid Group Inc. 722,722 0.03
6,454 Lululemon Athletica Inc. 2,221,613 0.08
48,372 Lumen Technologies Inc. 533,827 0.02
120
(expressed in EUR)

14,100 Lyft Inc. - A 529,804 0.02
14,925 Lyondellbasell Industries NV - A 1,210,458 0.04
7,260 M&T Bank Corp. 980,470 0.03
34,931 Marathon Petroleum Corp. 1,965,560 0.07
718 Markel Corp. 779,117 0.03
1,952 Marketaxess Holdings Inc. 705,944 0.03
15,211 Marriott International Inc. - A 2,210,223 0.09
27,168 Marsh & McLennan Companies Inc. 4,152,604 0.15
3,286 Martin Marietta Materials Inc. 1,272,906 0.05
42,880 Marvell Technology Inc. 3,298,955 0.12
14,027 Masco Corp. 866,141 0.03
2,806 Masimo Corp. 722,424 0.03
46,328 Mastercard Inc. - A 14,638,214 0.52
12,930 Match Group Inc. 1,503,687 0.05
14,035 McCormick & Company Inc. 1,192,333 0.04
38,625 McDonald’s Corp. 9,104,998 0.32
8,162 McKesson Corp. 1,784,056 0.06
28,815 Medical Properties Trust Inc. 598,750 0.02
70,855 Medtronic Inc. 6,445,612 0.22
12,914 Melco Resorts & Entertainment Limited - ADR 115,604 0.00
2,340 Mercadolibre Inc. 2,774,583 0.10
39,209 Metlife Inc. 2,154,564 0.08
20,197 MGM Resorts International 797,082 0.03
28,717 Microchip Technology Inc. 2,198,472 0.08
58,858 Micron Technology Inc. 4,821,160 0.17
373,233 Microsoft Corp. 110,381,396 3.92
6,117 Mid-America Apartment Communities Inc. 1,234,158 0.04
17,800 Moderna Inc. 3,975,417 0.14
3,462 Mohawk Industries Inc. 554,614 0.02
2,616 Molina Healthcare Inc. 731,707 0.03
9,271 Molson Coors Brewing Company - B 377,867 0.01
73,737 Mondelez International Inc. - A 4,299,596 0.14
3,223 MongoDB Inc. 1,500,259 0.05
1,821 Monolithic Power Systems Inc. 789,970 0.03
21,065 Monster Beverage Corp. 1,779,003 0.06
8,625 Moody’s Corp. 2,962,321 0.10
72,808 Morgan Stanley 6,284,588 0.23
18,765 Mosaic Company 648,326 0.02
8,672 Motorola Inc. 2,071,916 0.07
4,622 MSCI Inc. 2,490,198 0.09
13,215 NetApp Inc. 1,068,983 0.04
23,133 Netflix Inc. 12,254,876 0.43
4,357 Neurocrine Biosciences Inc. 326,315 0.01
26,078 Newell Rubbermaid Inc. 500,830 0.02
121
(expressed in EUR)

43,051 Newmont Corp. 2,347,892 0.08
22,569 News Corp. 442,767 0.02
102,128 NextEra Energy Inc. 8,384,339 0.29
65,839 Nike Inc. 9,649,478 0.34
20,544 Nisource Inc. 498,786 0.02
2,293 Nordson Corp. 514,715 0.02
13,536 Norfolk Southern Corp. 3,543,618 0.13
3,500 Novavax Inc. 440,332 0.02
5,251 Novocure Limited 346,681 0.01
13,239 NRG Energy Inc. 501,527 0.02
12,802 Nuance Communications Inc. 622,763 0.02
15,925 Nucor Corp. 1,598,523 0.05
130,136 Nvidia Corp. 33,656,611 1.18
150 NVR Inc. 779,397 0.03
14,450 NXP Semiconductor NV 2,894,320 0.10
5,200 Oak Street Health Inc. 151,537 0.01
6,296 Okta Inc. 1,241,096 0.05
4,645 Old Dominion Freight Line Inc. 1,463,837 0.05
11,150 Omnicom Group Inc. 718,397 0.03
24,361 Oneok Inc. 1,258,752 0.04
89,059 Oracle Corp. 6,829,788 0.24
4,600 Owens Corning 366,075 0.01
17,228 Paccar Inc. 1,337,094 0.05
4,150 Packaging Corp. of America 496,854 0.02
78,300 Palantir Technologies Inc. - A 1,253,819 0.04
4,888 Palo Alto Networks Inc. 2,393,108 0.08
6,758 Parker Hannifin Corp. 1,890,481 0.07
16,679 Paychex Inc. 2,002,008 0.07
2,957 Paycom Software Inc. 1,079,596 0.04
58,354 Paypal Holdings Inc. 9,676,748 0.34
12,600 Peloton Interactive Inc. - A 396,215 0.01
9,112 Pentair Limited - Reg 585,165 0.02
72,020 PepsiCo Inc. 11,001,227 0.39
5,740 PerkinElmer Inc. 1,014,847 0.04
290,205 Pfizer Inc. 15,069,121 0.54
81,288 Philip Morris International Inc. 6,790,679 0.24
22,397 Phillips 66 1,427,090 0.05
29,100 Pinterest Inc. - A 930,166 0.03
11,631 Pioneer Natural Resources Company 1,860,224 0.07
29,412 Plug Power Inc. 730,127 0.03
22,633 PNC Financial Services Group Inc. 3,990,828 0.14
1,718 Pool Corp. 855,072 0.03
122
(expressed in EUR)

12,569 PPG Industries Inc. 1,905,908 0.07
36,545 PPL Corp. 966,007 0.03
15,013 Principal Financial Group Inc. 954,881 0.03
125,836 Procter & Gamble Company 18,100,819 0.63
31,284 Progressive Corp. 2,823,868 0.10
39,430 Prologis Inc. 5,837,525 0.21
6,848 PTC Inc. 729,542 0.03
7,993 Public Storage Inc. 2,632,657 0.09
14,777 PulteGroup Inc. 742,748 0.03
6,449 Qorvo Inc. 886,879 0.03
59,342 Qualcomm Inc. 9,542,624 0.34
9,375 Raymond James Financial Inc. 827,691 0.03
26,976 Realty Income Corp. 1,698,217 0.06
8,323 Regency Centers Corp. 551,476 0.02
7,623 Resmed Inc. 1,746,077 0.06
3,948 Ringcentral Inc. - A 650,420 0.02
8,300 Rivian Automotive Inc. - A 756,795 0.03
5,350 Robert Half International Inc. 524,650 0.02
11,900 Robinhood Markets Inc. - A 185,846 0.01
6,129 Roku Inc. 1,229,896 0.04
12,852 Rollins Inc. 386,622 0.01
5,503 Roper Technologies Inc. 2,380,149 0.08
19,461 Ross Stores Inc. 1,955,683 0.07
11,204 Royal Caribbean Cruises Limited 757,639 0.03
14,100 Royalty Pharma plc - A 494,095 0.02
6,958 Rpm International Inc. 617,972 0.02
12,852 S&P Global Inc. 5,333,489 0.19
51,013 Salesforce.com Inc. 11,399,871 0.40
5,822 SBA Communications 1,991,624 0.07
70,034 Schlumberger Limited 1,844,458 0.07
7,000 Sea Limited 1,377,040 0.05
12,700 Seagate Technology Holdings plc 1,261,736 0.04
7,364 Seagen Inc. 1,001,121 0.04
8,900 Sealed Air Corp. 528,036 0.02
5,550 Sei Investments Company 297,412 0.01
16,581 Sempra Energy Corp. 1,928,715 0.06
8,550 Sensata Technologies Holding plc 463,814 0.02
10,127 Servicenow Inc. 5,780,458 0.20
13,067 Sherwin-Williams Company 4,046,495 0.15
2,691 Signature Bank 765,439 0.03
17,406 Simon Property Group Inc. 2,445,442 0.09
123
(expressed in EUR)

64,079 Sirius XM Radio Inc. 357,810 0.01
9,270 Skyworks Solutions Inc. 1,264,639 0.04
54,769 Snap Inc. 2,265,025 0.08
2,912 Snap-On Inc. 551,518 0.02
10,800 Snowflake Inc. - A 3,217,112 0.11
25,900 Sofi Technologies Inc. 360,077 0.01
2,558 Solaredge Technologies Inc. 631,110 0.02
54,911 Southern Company 3,311,464 0.11
7,100 Southwest Airlines Company 267,467 0.02
9,253 Splunk Inc. 941,573 0.03
10,300 Ss&c Technologies Holdings Inc. 742,520 0.03
8,484 Stanley Works 1,407,185 0.05
61,365 Starbucks Corp. 6,311,875 0.22
19,030 State Street Corp. 1,556,270 0.06
11,639 Steel Dynamics Inc. 635,273 0.02
4,620 STERIS plc 988,880 0.04
17,168 Stryker Corp. 4,037,167 0.14
5,722 Sun Communities Inc. 1,056,497 0.04
10,173 Sunrun Inc. 306,836 0.01
3,059 SVB Financial Group 1,824,425 0.06
7,404 Synopsys Inc. 2,399,204 0.09
25,922 Sysco Corp. 1,790,515 0.06
5,700 Take-Two Interactive Software Inc. 890,788 0.03
25,836 Target Corp. 5,258,076 0.19
7,546 Teladoc Inc. 609,280 0.02
1,990 Teledyne Technologies Inc. 764,519 0.03
2,459 Teleflex Inc. 710,282 0.03
8,941 Teradyne Inc. 1,285,721 0.05
43,962 Tesla Inc. 40,853,114 1.45
33,462 T-Mobile USA Inc. 3,412,700 0.13
22,470 Trade Desk Inc. - A 1,810,720 0.06
3,570 Tradeweb Markets Inc. - A 314,368 0.01
2,832 Transdigm Group Inc. 1,584,546 0.05
10,370 Transunion 1,081,318 0.04
12,630 Travelers Companies Inc. 1,737,347 0.06
11,999 Trimble Navigation Limited 919,973 0.03
68,274 Truist Financial Corp. 3,515,163 0.12
8,446 Twilto Inc. 1,955,830 0.07
42,878 Twitter Inc. 1,629,605 0.06
2,159 Tyler Technologies Inc. 1,021,310 0.04
124
(expressed in EUR)

14,947 Tyson Foods Inc. - A 1,145,604 0.04
63,071 Uber Technologies Inc. 2,325,507 0.08
15,162 Udr Inc. 799,832 0.03
11,647 Ugi Corp. 470,202 0.02
2,810 Ulta Beauty Inc. 1,018,884 0.04
33,440 Union Pacific Corp. 7,408,143 0.25
3,700 Unity Software Inc. 465,233 0.02
2,955 Universal Health Services Inc. - B 336,920 0.01
888 Upstart Holdings Inc. 118,145 0.00
74,141 US Bancorp 3,662,065 0.13
2,153 Vail Resorts Inc. 620,796 0.02
18,705 Ventas Inc. 840,837 0.03
5,274 VeriSign Inc. 1,177,143 0.04
13,498 Vertex Pharmaceuticals Inc. 2,606,543 0.09
18,213 VF Corp. 1,172,666 0.04
28,786 ViacomCBS Inc. - B 763,948 0.03
62,208 Viatris Inc. 740,129 0.03
33,656 Vici Properties Inc. 891,121 0.03
88,682 Visa Inc. 16,899,646 0.61
18,082 Vistra Energy Corp. 362,053 0.01
10,792 VMware Inc. 1,099,698 0.04
9,044 Vornado Realty Trust 332,907 0.01
6,932 Vulcan Materials Company 1,265,340 0.04
79,402 Walmart Inc. 10,102,599 0.36
94,672 Walt Disney Company 12,894,606 0.46
13,173 Waste Connections Inc. 1,578,513 0.06
3,331 Waters Corp. 1,091,392 0.04
3,675 Wayfair Inc. 613,911 0.02
17,115 Wec Energy Group Inc. 1,460,915 0.05
22,266 Welltower Inc. 1,679,348 0.06
15,294 Western Digital Corp. 876,998 0.03
19,504 Western Union Company 305,972 0.01
9,719 Westinghouse Air Brake Technologies Corp. 787,212 0.03
13,308 Westrock Company 519,120 0.02
37,278 Weyerhaeuser Company 1,349,902 0.05
3,050 Whirlpool Corp. 629,364 0.02
60,293 Williams Companies Inc. 1,380,610 0.05
6,547 Willis Towers Watson plc 1,367,259 0.05
125
(expressed in EUR)

2,600 Wix.com Limited 360,758 0.01
9,793 Workday Inc. - A 2,352,490 0.08
7,925 WP Carey Inc. 571,796 0.02
7,050 WR Berkley Corp. 510,772 0.02
5,248 Wynn Resorts Limited 392,446 0.01
27,819 Xcel Energy Inc. 1,656,126 0.06
12,925 Xilinx Inc. 2,409,856 0.09
9,557 Xylem Inc. 1,007,805 0.04
16,100 Yum! Brands Inc. 1,965,922 0.07
2,764 Zebra Technologies Corp. 1,446,652 0.05
6,188 Zendesk Inc. 567,487 0.02
7,600 Zillow Group - C 426,715 0.02
2,900 Zillow Group Inc. - A 158,669 0.01
11,437 Zimmer Biomet Holdings Inc. 1,277,661 0.05
24,377 Zoetis Inc. 5,231,023 0.19
11,243 Zoom Video Communications Inc. - A 1,818,238 0.06
11,942 ZoomInfo Technologies Inc. 674,179 0.02
4,600 Zscaler Inc. 1,299,787 0.05
1,940,512,897 68.77
Total Equities 2,811,268,709 99.59

EUR Equities
10,557 Telefonica SA 40,666 0.00
40,666 0.00
GBP Equities
5,273 Nmc Health plc§ 590 0.00
590 0.00
JPY Equities
4,300 Nippon Express Company Limited 226,896 0.01
226,896 0.01
USD Equities
7,754 Athene Holding Limited - A 568,186 0.02
568,186 0.02
Total Equities 836,338 0.03
Total Other transferable securities and money market instruments 836,338 0.03
Total Net Assets 2,822,781,518 100.00
§
126
Sector % NAV
Software 8.37
Banks 6.19
Semiconductors 5.27
Retail 4.47
Insurance 3.59
Media 3.06
Chemicals 2.01
Food services 1.94
Transportation 1.91
Machinery 1.65
Beverages 1.60
Biotechnology 1.22
Apparel 1.01
Tobacco 0.61
Real estate 0.43
Home builders 0.30
Food 0.28
Merchandising 0.25
Advertising 0.18
Iron and steel 0.18
127
Sector % NAV
Medical 0.14
Toys and games 0.13
Restaurants 0.11
Agriculture 0.09
Pipelines 0.09
Lodging 0.09
Gas 0.08
Stores 0.06
Steel and Chemical plants 0.04
Leisure 0.03
Consumer goods 0.03
Textiles 0.02
Trucking and leasing 0.01
Diversified Metals 0.01
128
(expressed in EUR)
CHF Equities
4,689 Georg Fischer AG - Reg 6,267,628 1.39
6,267,628 1.39
DKK Equities
71,011 Orsted AS 7,974,141 1.76
13,220,464 2.92
EUR Equities
58,995 Air Liquide SA 9,045,113 2.00
8,691 ASML Holding NV 6,141,930 1.36
280,007 Gea Group AG 13,465,537 2.98
51,377 SAP SE 6,416,987 1.42
71,256 Siemens AG - Reg 10,879,366 2.41
83,756,224 18.52
GBP Equities
59,240 Croda International plc 7,140,386 1.58
47,130 Ferguson plc 7,356,320 1.63
230,810 Halma plc 8,796,922 1.95
174,608 Intertek Group plc 11,708,429 2.59
461,048 Pennon Group plc 6,408,304 1.42
22,319 Spirax-Sarco Engineering plc 4,266,541 0.94
45,676,902 10.11
HKD Equities
1,352,000 Vitasoy International Holdings Limited 2,400,248 0.53
2,400,248 0.53
JPY Equities
27,000 Daifuku Company Limited 1,938,082 0.43
11,100 Keyence Corp. 6,126,629 1.36
567,000 Kubota Corp. 11,056,034 2.45
19,120,745 4.24
USD Equities
32,294 Ansys Inc. 11,390,934 2.52
60,439 Aptiv plc 8,766,631 1.94
41,568 Autodesk Inc. 10,278,320 2.27
21,770 Deere & Company 6,564,118 1.45
50,972 Ecolab Inc. 10,514,880 2.33
12,840 Equinix Inc. 9,550,286 2.11
68,982 Hubbell Inc. 12,633,557 2.80
59,384 IDEX Corp. 12,340,509 2.73
129
(expressed in EUR)

55,993 Linde plc 17,057,382 3.77
34,347 Microsoft Corp. 10,157,917 2.25
143,161 Pentair Limited - Reg 9,193,676 2.03
90,469 PTC Inc. 9,637,987 2.13
21,700 Toro Company 1,906,478 0.42
113,818 Trimble Navigation Limited 8,726,514 1.93
31,335 Waters Corp. 10,266,814 2.27
213,666 Westrock Company 8,334,703 1.84
58,946 Xylem Inc. 6,215,973 1.38
276,527,955 61.18
130
Sector % NAV
Machinery 11.42
Software 10.59
Chemicals 8.76
Semiconductors 4.80
Beverages 0.53
131
(expressed in EUR)
AUD Equities
47,557 Allkem Limited 316,210 0.05
184,862 ALS Limited 1,545,905 0.26
129,121 Ansell Limited 2,601,194 0.43
560,970 Bapcor Limited 2,514,115 0.42
76,543 Breville Group Limited 1,551,287 0.26
255,327 IGO Limited 1,872,352 0.31
127,698 Lynas Rare Earths Limited 830,295 0.14
197,484 Pilbara Minerals Limited 404,026 0.07
244,639 PolyNovo Limited 238,519 0.04
8,587 Pro Medicus Limited 342,793 0.06
1,172,611 Star Entertainment Grp Limited 2,758,857 0.46
14,975,553 2.50
CHF Equities
3,203 Conzzeta AG 3,962,946 0.65
3,382 Georg Fischer AG - Reg 4,520,605 0.74
1,078 Interroll Holding AG 4,270,760 0.71
12,898 Zur Rose Group AG 2,931,477 0.48
15,685,788 2.58
DKK Equities
26,351 Simcorp A/S 2,532,500 0.42
2,532,500 0.42
EUR Equities
73,272 Aperam SA 3,490,678 0.58
87,086 ASR Nederland NV 3,526,983 0.58
71,999 Cancom AG 4,263,781 0.70
96,403 De’Longhi SpA 3,038,623 0.50
343,295 Deutsche Pfandbriefbank AG 3,628,628 0.60
233,036 Elis SA 3,546,808 0.59
126,875 ERG SpA 3,608,325 0.60
111,467 Evotec AG 4,737,348 0.78
80,600 Huhtamaki Oyj 3,134,534 0.52
21,994 IMCD NV 4,282,232 0.71
105,699 Jenoptik AG 3,925,661 0.64
97,212 Jungheinrich - Prfd 4,362,875 0.72
180,064 Kojamo Oyj 3,824,559 0.63
70,257 Nexity SA 2,904,424 0.48
18,781 Soitec 4,041,671 0.67
140,295 Spie SA 3,187,503 0.53
110,068 Wienerberger AG 3,559,599 0.59
63,064,232 10.42
GBP Equities
671,406 Ashmore Group plc 2,327,043 0.38
58,874 Asos plc 1,676,599 0.28
121,910 Blue Prism Group plc 1,833,871 0.30
64,409 Genus plc 3,788,120 0.63
308,743 Grafton Group plc 4,534,050 0.76
132
(expressed in EUR)

196,457 Homeserve plc 2,046,225 0.34
393,561 Howden Joinery Group plc 4,224,344 0.70
161,679 Intermediate Capital Group plc 4,224,899 0.70
910,951 Moneysupermarket.Com Group plc 2,343,554 0.39
485,816 Rotork plc 2,066,852 0.34
82,732 Spectris plc 3,604,486 0.60
32,670,043 5.42
HKD Equities
2,053,000 HKBN Limited 2,216,030 0.37
2,918,000 Pacific Basin Shipping Limited 941,296 0.16
256,000 Vesync Company Limited 273,442 0.05
431,000 Vtech Holdings Limited 2,967,820 0.49
6,398,588 1.07
JPY Equities
65,200 Calbee Inc. 1,328,852 0.22
71,200 Comsys Holdings Corp. 1,392,419 0.23
108,500 Erex Company Limited 1,691,037 0.28
53,700 Ferrotec Corp. 1,736,633 0.29
67,900 Fuyo General Lease Company Limited 4,132,459 0.68
71,700 Heiwa Real Estate Company Limited 2,118,901 0.35
88,100 Internet Initiative Japan Inc. 3,195,582 0.53
66,300 Jeol Limited 4,652,748 0.77
17,600 Jmdc Inc. 1,153,136 0.19
130,000 Kokuyo Company Limited 1,701,511 0.28
142,800 Nagoya Railroad Company Limited 1,908,300 0.32
167,100 Nikon Corp. 1,582,263 0.26
65,900 Nof Corp. 2,923,762 0.48
1,367,000 Orient Corp. 1,304,845 0.22
46,000 Paltac Corp. 1,663,253 0.27
267,600 Penta-Ocean Construction Company Limited 1,328,250 0.22
118,000 Sankyu Inc. 4,298,143 0.71
98,400 Shibaura Machine Coompany Limited 2,825,292 0.47
54,600 Shimamura Company Limited 4,027,636 0.66
97,500 Ship Healthcare Holdings Inc 1,995,354 0.33
228,900 Sojitz Corp. 3,020,438 0.50
285,200 Techmatrix Corp. 4,151,001 0.69
215,600 Tokai Carbon Company Limited 1,988,823 0.33
118,000 ValueCommerce Company Limited 4,027,819 0.66
100,200 Zenkoku Hosho Company Limited 3,833,416 0.63
156,400 Zeon Corp. 1,584,850 0.26
65,566,723 10.83
NOK Equities
1,007,298 Elkem ASA 2,995,337 0.49
481,659 Storebrand ASA 4,251,686 0.70
7,247,023 1.19
133
(expressed in EUR)
SEK Equities
167,149 Aak AB 3,170,552 0.52
73,857 Biogaia AB 3,715,782 0.61
211,860 Elekta AB 2,357,072 0.39
172,837 Indutrade AB 4,653,276 0.76
86,591 Vitrolife AB 4,709,661 0.78
254,690 Wallenstam AB 4,155,756 0.69
22,762,099 3.75
SGD Equities
1,097,000 Keppel DC REIT 1,767,374 0.29
1,419,000 Sembcorp Industries Limited 1,851,131 0.31
3,618,505 0.60
USD Equities
30,931 Agco Corp. 3,155,658 0.52
107,275 American States Water Company 9,757,761 1.61
301,507 Api Group Corp. 6,832,426 1.13
31,293 Arena Pharmaceuticals Inc. 2,557,484 0.42
22,933 Axon Enterprise Inc. 3,166,093 0.52
181,748 BellRing Brands Inc. 4,559,682 0.76
24,646 Biohaven Pharmaceutical Holding Company Limited 2,986,691 0.49
102,545 Camping World Holdings Inc. 3,642,999 0.60
161,043 Capri Holdings Limited 9,192,140 1.52
90,931 Casella Waste Systems Inc. 6,830,220 1.13
198,137 ChampionX Corp. 3,521,235 0.58
39,550 Chart Industries Inc. 5,546,807 0.91
66,931 Chemours Company 1,975,206 0.33
85,971 Clean Harbors Inc. 7,542,496 1.24
30,300 Conmed Corp. 3,777,109 0.62
705,537 Coty Inc. 6,514,367 1.08
67,839 Diamondback Energy Inc. 6,433,729 1.06
30,323 Digitalocean Holdings Inc. 2,141,969 0.35
34,082 Dolby Laboratories Inc. - A 2,853,753 0.47
67,185 Establishment Labs Holdings Inc. 3,993,172 0.65
94,342 First Industrial Realty Trust Inc. 5,491,945 0.91
320,452 Graphic Packaging Holding Company 5,494,912 0.90
93,842 Hawaiian Electric Industries 3,424,590 0.56
347,727 Hecla Mining Company 1,596,144 0.26
193,323 Houghton Mifflin Harcourt Company 2,736,986 0.45
152,694 Huntsman Corp. 4,683,404 0.77
21,496 Hyatt Hotels Corp. - A 1,812,756 0.30
99,765 Icf International Inc. 8,996,571 1.48
92,009 Ichor Holdings Limited 3,724,212 0.61
37,640 II-VI Inc. 2,261,644 0.37
14,418 Intellia Therapeutics Inc. 1,499,107 0.25
99,719 ITT Inc. 8,960,855 1.48
106,089 Kilroy Realty Corp. 6,200,030 1.02
133,848 LendingClub Corp. 2,845,977 0.47
351,527 Lindblad Expeditions Holdings Inc. 4,822,214 0.80
134
(expressed in EUR)

61,216 LPL Financial Holdings Inc. 8,617,718 1.42
22,035 Marathon Digital Holdings Inc. 636,713 0.11
35,237 Masonite International Corp. 3,654,770 0.60
76,982 Materion Corp. 6,223,817 1.04
112,897 Matson Inc. 8,937,844 1.47
135,595 Maxlinear Inc. 8,989,190 1.48
52,639 Mp Materials Corp. 2,102,413 0.34
41,876 NanoString Technologies Inc. 1,555,068 0.26
66,014 Natera Inc. 5,421,252 0.90
60,215 National Vision Holdings Inc. 2,541,081 0.42
12,331 Paylocity Holding Corp. 2,560,754 0.42
269,843 Pebblebrook Hotel Trust 5,308,115 0.88
49,567 Perficient Inc. 5,635,348 0.92
100,050 Pinnacle Financial Partners Inc. 8,402,019 1.39
99,965 Planet Fitness Inc. - A 7,962,389 1.32
106,628 Popular Inc. 7,692,368 1.27
163,169 Ranpak Holdings Corp. 5,392,096 0.89
7,605 RH 3,584,087 0.59
19,686 Saia Inc. 5,834,306 0.96
15,866 Silvergate Capital Corp. 2,067,658 0.34
98,240 Smartsheet Inc. - A 6,690,720 1.10
166,196 Summit Materials Inc. 5,866,257 0.97
80,776 Sunpower Corp. 1,482,409 0.24
293,104 Switch Inc. 7,381,726 1.22
68,240 Syneos Health Inc. 6,161,522 1.01
113,321 Tenet Healthcare Corp. 8,140,338 1.34
133,115 Terreno Realty Corp. 9,983,625 1.65
32,618 TG Therapeutics Inc. 544,972 0.09
16,782 Turning Point Therapeutics Inc. 703,923 0.12
71,658 Varonis Systems Inc. 3,073,758 0.51
150,453 Webster Financial Corp. 7,387,703 1.22
80,779 Western Alliance Bancorp 7,646,728 1.26
502,510 Wideopenwest Inc. 9,509,335 1.57
27,827 Workiva Inc. 3,193,058 0.53
51,828 YETI Holdings Inc. 3,774,986 0.62
254,917 Zynga Inc. 1,434,637 0.24
347,627,047 57.33
135
Sector % NAV
Banks 6.08
Machinery 5.18
Software 3.88
Transportation 3.62
Chemicals 2.88
Semiconductors 2.15
Real estate 2.13
Leisure 1.92
Retail 1.90
Insurance 1.62
Apparel 1.52
Industrial goods 1.48
Medical 1.34
Food 1.28
Telephone 1.22
Biotechnology 0.67
Advertising 0.66
Agriculture 0.63
Stores 0.59
Iron and steel 0.58
Restaurants 0.46
Media 0.45
Office furnishings 0.28
136
Sector % NAV
Food services 0.22
137
(expressed in EUR)
AUD Equities
47,680 Abacus Property Group 115,532 0.02
41,722 Adbri Limited 75,221 0.01
14,476 Agl Energy Limited 56,826 0.01
59,871 Allkem Limited 398,086 0.06
47,579 ALS Limited 397,879 0.07
11,057 Altium Limited 319,453 0.05
208,219 Alumina Limited 248,271 0.04
298,901 AMP Limited 193,008 0.03
12,067 Ansell Limited 243,095 0.04
12,830 Appen Limited 91,542 0.02
4,090 Arb Corp. Limited 137,307 0.02
80,199 Atlas Arteria 354,815 0.06
13,970 Aussie Broadband Pty Limited 42,425 0.01
24,870 Austal Limited 31,005 0.01
5,545 Australian Ethical Investment Limited 48,887 0.01
114,069 Avz Minerals Limited 56,519 0.01
40,877 Bank of Queensland Limited 211,424 0.04
26,581 Bapcor Limited 119,129 0.02
184,512 Beach Energy Limited 148,636 0.03
15,434 Bega Cheese Limited 55,949 0.01
116,701 Bellevue Gold Limited 63,046 0.01
41,839 Bendigo & Adelaide Bank Limited 243,417 0.04
75,856 Betmakers Technology Group 38,798 0.01
1,245 Blackmores Limited 72,656 0.01
31,353 Boral Limited 122,275 0.02
141,940 Brainchip Holdings Limited 61,708 0.01
34,540 Bravura Solutions Limited 54,544 0.01
12,184 Breville Group Limited 246,932 0.04
8,341 Brickworks Limited 128,838 0.02
50,952 Bwp Trust 135,188 0.02
26,431 Capricorn Metals Limited 57,454 0.01
21,691 Carsales.Com Limited 347,943 0.05
46,687 Centuria Industrial REIT 125,065 0.02
58,288 Centuria Office REIT 87,201 0.01
19,500 Cettire Limited 44,383 0.01
21,618 Chalice Mining Limited 132,683 0.02
41,090 Challenger Limited 171,544 0.03
14,563 Champion Iron Limited 50,650 0.01
40,577 Charter Hall Group REIT 533,891 0.09
62,988 Charter Hall Long Wale REIT 203,365 0.03
67,537 Charter Hall Retail REIT 183,941 0.03
6,224 Cimic Group Limited 67,249 0.01
189,735 Cleanaway Waste Management Limited 379,681 0.06
5,386 Clinuvel Pharmaceuticals Limited 93,696 0.02
20,139 Collins Foods Limited 172,146 0.03
66,834 Coronado Global Resources Inc. 52,984 0.01
10,699 Corporate Travel Management Limited 150,553 0.03
138
(expressed in EUR)

33,375 Costa Group Holdings Limited 64,653 0.01
3,651 Credit Corp Group Limited 78,149 0.01
223,758 Cromwell Property Group 124,459 0.02
62,302 CSR Limited 234,211 0.04
97,489 De Grey Mining Limited 75,729 0.01
34,982 Deterra Royalties Limited 96,170 0.02
47,011 Domain Holdings Australia Lt 169,815 0.03
49,438 Downer Edi Limited 188,380 0.03
26,939 Dubber Corp. Limited 47,019 0.01
11,862 Eagers Automotive Limited 101,926 0.02
12,896 Elders Limited 101,082 0.02
20,499 EML Payments Limited 42,331 0.01
11,000 Flight Centre Limited 123,916 0.02
53,183 G8 Education Limited 37,742 0.01
158,744 Gold Road Resources Limited 159,340 0.03
13,986 Graincorp Limited - A 73,859 0.01
18,782 Growthpoint Properties 52,355 0.01
9,840 Gud Holdings Limited 71,529 0.01
11,959 Gwa Group Limited 21,026 0.00
44,238 Harvey Norman Holdings Limited 139,717 0.02
40,986 Healius Limited 138,356 0.02
4,577 Hub24 Limited 82,812 0.01
52,043 IGO Limited 381,639 0.06
34,982 Iluka Resources Limited 225,888 0.04
313,788 Imugene Limited 80,246 0.01
151,067 Incitec Pivot Limited 312,926 0.05
31,030 Ingenia Communities Group 123,396 0.02
26,914 Inghams Group Limited 60,225 0.01
45,367 Insignia Financial Limited 104,997 0.02
11,017 Invocare Limited 82,832 0.01
111,834 Ioneer Limited 57,199 0.01
14,674 IPH Limited 82,370 0.01
12,097 Iress Limited 96,675 0.02
8,400 JB Hi-Fi Limited 259,498 0.04
110,768 Karoon Gas Australia Limited 118,974 0.02
9,307 Kogan.com Limited 52,481 0.01
44,331 Link Administration Holdings Limited 157,867 0.03
79,875 Liontown Resources Limited 84,771 0.01
78,943 Lynas Rare Earths Limited 513,290 0.09
172,571 Mayne Pharma Group Limited 32,547 0.01
3,250 Mcmillan Shakespeare Limited 25,100 0.00
16,204 Megaport Limited 192,277 0.03
51,065 Mesoblast Limited 46,033 0.01
82,330 Metcash Limited 236,863 0.04
14,531 Mineral Resources Limited 520,249 0.09
4,325 Monadelphous Group Limited 26,683 0.00
19,531 Nanosonics Limited 78,792 0.01
115,032 National Storage REIT 195,627 0.03
139
(expressed in EUR)

56,242 Nearmap Limited 55,554 0.01
11,396 Netwealth Group Limited 128,887 0.02
26,197 New Hope Corp. Limited 37,349 0.01
34,432 Nextdc Limited 281,553 0.05
31,459 NIB Holdings Limited 140,991 0.02
4,801 Nick Scali Limited 47,116 0.01
104,046 Nine Entertainment Company Holdings Limited 193,573 0.03
14,769 Novonix Limited 86,775 0.01
68,203 NRW Holdings Limited 76,962 0.01
23,476 Nufarm Limited 72,794 0.01
81,405 Ooh!media Limited 87,956 0.01
83,339 Orora Limited 186,485 0.03
28,127 Oz Minerals Limited 507,467 0.09
27,222 Pact Group Holdings Limited 44,032 0.01
193,718 Paladin Energy Limited 108,988 0.02
21,113 Pendal Group Limited 75,185 0.01
82,927 Perenti Global Limited 49,042 0.01
4,951 Perpetual Limited 113,857 0.02
185,412 Perseus Mining Limited 192,035 0.03
248,261 Pilbara Minerals Limited 507,909 0.08
29,891 Platinum Asset Management 51,598 0.01
13,268 Pointsbet Holdings Limited 59,803 0.01
44,487 PolyNovo Limited 43,374 0.01
5,372 Premier Investments Limited 104,134 0.02
4,358 Pro Medicus Limited 173,971 0.03
139,837 Qube Holdings Limited 283,406 0.05
87,807 Ramelius Resources Limited 88,137 0.01
21,248 Redbubble Limited 44,422 0.01
46,920 Regis Resources Limited 58,495 0.01
78,481 Reliance Worldwide Corp. Limited 314,600 0.05
19,236 Sandfire Resources Nl 80,922 0.01
505,707 Sayona Mining Limited 42,031 0.01
18,786 Select Harvests Limited 74,585 0.01
11,881 Seven Group Holdings Limited 164,072 0.03
72,205 Shopping Centres Australasia Property Group 137,104 0.02
83,457 Sigma Healthcare Limited 25,611 0.00
107,134 Silver Lake Resources Limited 121,577 0.02
16,724 Sims Limited 171,717 0.03
13,231 Smartgroup Corp. Limited 65,557 0.01
7,511 Southern Cross Media Group Limited 9,316 0.00
44,441 St Barbara Limited 41,624 0.01
73,540 Star Entertainment Grp Limited 173,021 0.03
58,502 Steadfast Group Limited 196,362 0.03
16,654 Super Retail Group Limited 132,667 0.02
20,000 Tassal Group Limited 44,625 0.01
29,525 Technology One Limited 241,806 0.04
17,157 Temple & Webster Group Limited 118,027 0.02
31,681 Tyro Payments Limited 57,929 0.01
140
(expressed in EUR)

36,744 United Malt Grp Limited 102,424 0.02
49,912 Uniti Group Limited 142,001 0.02
83,753 Viva Energy Group Limited 125,833 0.02
8,782 Vulcan Energy Resources Limited 58,392 0.01
68,829 Waypoint REIT 124,533 0.02
27,680 Webjet Limited 91,492 0.02
10,648 Western Areas NL 23,350 0.00
49,676 Whitehaven Coal Limited 82,892 0.01
31,542 Worley Limited 214,363 0.04
40,352 Zip Company Limited 111,707 0.02
20,932,851 3.47
CAD Equities
3,442 Aclara Resources Inc. 3,451 0.00
9,519 Advantage Energy Limited 49,104 0.01
3,566 Aecon Group Inc. 41,905 0.01
2,713 AG Growth International Inc. 59,833 0.01
1,673 Airboss of America Corp. 53,831 0.01
34,713 Alamos Gold Inc. 235,133 0.05
5,240 Allied Properties Real Estate Investment Trust 160,324 0.03
4,292 Altus Group Limited 212,052 0.04
59,591 ARC Resources Limited 477,075 0.07
5,209 Aritzia Inc. 189,836 0.03
10,847 Artis Real Estate Investment Trust 90,162 0.02
1,649 Atco Limited 49,018 0.01
7,301 Ats Automation Tooling Systems Inc. 255,353 0.04
11,705 Aurinia Pharmaceuticals Inc.§ 136,570 0.02
7,055 Aya Gold & Silver Inc. 46,904 0.01
41,756 B2gold Corp. 144,763 0.02
2,265 Badger Infrastructure Solutions Limited 50,126 0.01
27,148 Baytex Energy Trust 73,896 0.01
12,135 Birchcliff Energy Limited 54,573 0.01
1,716 Boardwalk 65,500 0.01
173,851 Bombardier Inc. - B 203,327 0.03
6,465 Boralex Inc. 156,083 0.03
1,595 Boyd Group Services Inc. 221,653 0.04
2,137 Brookfield Infrastructure Corp. 128,432 0.02
3,429 Brp Inc. 264,494 0.03
4,846 Canaccord Genuity Group Inc. 50,874 0.01
5,071 Canada Goose Holdings Inc. 165,497 0.03
7,988 Canadian Western Bank 201,861 0.03
7,764 Canfor Corp. 173,284 0.03
10,125 Capital Power Corp. 278,138 0.05
693 Cargojet Inc. 80,360 0.01
9,758 Cascades Inc. 94,900 0.02
10,846 Celestica Inc. 106,463 0.02
26,760 Centerra Gold Inc. 181,635 0.03
29,031 Choice Properties REIT 306,993 0.05
21,342 CI Financial Corp. 392,830 0.07
§
141
(expressed in EUR)

4,007 Cineplex Inc. 37,965 0.01
1,838 Cogeco Companymmunications Inc. 128,888 0.02
3,444 Colliers International Group Inc. 451,655 0.08
7,459 Cominar Real Estate Investment Trust 60,702 0.01
15,485 Converge Technology Solutions Corp. 117,179 0.02
8,527 Corus Entertainment Inc. 28,256 0.00
50,936 Crescent Point Energy Corp. 239,352 0.04
77,511 Denison Mines Corp. 93,890 0.02
6,969 Descartes Systems Group Inc. 507,567 0.08
1,377 Docebo Inc. 81,357 0.01
5,143 Dream Industrial Real Estate Investment Trust 61,654 0.01
4,039 Dream Office REIT 69,254 0.01
12,526 Dundee Precious Metals Inc. 68,191 0.01
5,302 Dye & Durham Limited 165,654 0.03
16,783 ECN Capital Corp.. 62,391 0.01
12,185 Eldorado Gold Corp. 100,605 0.02
37,950 Element Financial Corp. 340,279 0.06
5,460 Endeavour Silver Corp. 20,336 0.00
4,439 Enerflex Limited 23,671 0.00
12,724 Energy Fuels Inccanada 85,568 0.01
19,234 Enerplus Resources Fund 178,622 0.03
3,456 Enghouse Systems Limited 116,519 0.02
13,749 Enthusiast Gaming Holdings Inc. 35,606 0.01
18,064 Equinox Gold Corp. 107,646 0.02
3,616 Equitable Group Inc. 173,468 0.03
4,871 ERO Copper Corp. 65,446 0.01
6,567 Extendicare Inc. 33,373 0.01
12,669 Finning International Inc. 281,170 0.05
11,997 First Majestic Silver Corp. 117,510 0.02
9,354 Fortuna Silver Mines Inc. 32,169 0.01
3,046 Freehold Royalties Limited 24,704 0.00
14,533 Gibson Energy Inc. 226,829 0.04
1,102 Goeasy Limited 137,530 0.02
1,647 Granite Real Estate Investment Trust 120,849 0.02
11,312 H&R Real Estate Investment Trust 127,968 0.02
25,330 Headwater Exploration Inc. 90,814 0.02
4,010 Home Capital Group Inc. 109,068 0.02
15,196 Hudbay Minerals Inc. 96,902 0.02
9,773 Hut 8 Mining Corp. 67,560 0.00
25,829 Iamgold Corp. 70,846 0.01
9,699 Innergex Renewable Energy Inc. 125,588 0.02
5,610 Interfor Corp. 158,210 0.03
4,665 InterRent Real Estate Investment Trust 56,216 0.01
2,679 Intertape Polymer Group Inc. 49,087 0.01
3,797 Jamieson Wellness Inc. 106,103 0.02
16,306 Kelt Exploration Limited 54,715 0.01
10,807 Killam Apartment Real Estate 177,477 0.03
2,774 Kinaxis Inc. 342,450 0.06
142
(expressed in EUR)

18,846 Knight Therapeutics Inc. 69,535 0.01
6,828 Labrador Iron Ore Royalty Corp. 178,394 0.03
5,285 Largo Inc. 43,120 0.01
4,251 Laurentian Bank of Canada 118,878 0.02
6,234 Lifeworks Inc. 110,797 0.02
4,263 Linamar Corp. 222,372 0.04
6,374 Lion Electric Company 55,466 0.01
6,564 Lithium Americas Corp. 168,252 0.03
10,488 Mag Silver Corp. 144,785 0.02
2,098 Magnet Forensics Inc. 48,008 0.01
7,282 Maple Leaf Foods Inc. 148,332 0.03
10,842 Martinrea International Inc. 86,799 0.01
22,313 MEG Energy Corp. 181,741 0.03
5,113 Methanex Corp. 178,115 0.03
26,245 Mind Medicine Inc. 31,608 0.01
2,884 Mty Food Group Inc. 127,049 0.02
13,758 Mullen Group Limited 111,389 0.02
9,549 Nanoxplore Inc. 43,409 0.01
77,334 New Gold Inc. 101,751 0.02
53,638 Nexgen Energy Limited 206,867 0.04
4,502 NFI Group Inc. 63,497 0.01
3,139 North West Company Inc. 74,823 0.01
17,304 NorthWest Healthcare Properties Real Estate Investment Trust 166,360 0.03
22,977 Novagold Resources Inc. 138,682 0.02
10,132 Nuvista Energy Limited 49,092 0.01
49,129 Oceanagold Corp. 75,244 0.01
7,479 Osisko Gold Royalties Limited 80,598 0.01
37,293 Osisko Mining Inc. 98,915 0.02
3,736 Paramount Resources Limited - A 63,955 0.01
14,432 Parex Resources Inc. 217,115 0.04
2,268 Park Lawn Corp. 65,524 0.01
9,920 Pason Systems Inc. 79,694 0.01
21,521 Peyto Exploration & Development Corp. 141,580 0.02
16,530 Prairiesky Royalty Limited 156,847 0.03
3,111 Premium Brands Holdings Corp. 273,838 0.05
16,195 Pretium Resources Inc. 200,908 0.03
12,654 Primo Water Corp. 196,621 0.03
14,863 Pyrogenesis Canada Inc. 34,456 0.01
6,349 Real Matters Inc. 36,685 0.01
4,055 Richelieu Hardware Limited 123,164 0.02
7,755 Russel Metals Inc. 181,559 0.03
44,972 Sabina Gold & Silver Corp. 45,396 0.01
18,632 Sandstorm Gold Limited 101,821 0.02
13,068 Seabridge Gold Inc. 190,136 0.03
8,431 Sienna Senior Living Inc. 88,216 0.01
7,855 Sierra Wireless Inc. 121,944 0.02
12,166 Silvercorp Metals Inc. 40,061 0.01
15,523 SilverCrest Metals Inc. 108,065 0.02
143
(expressed in EUR)

4,048 Sleep Country Canada Holdings 105,761 0.02
9,724 SmartCentres Real Estate Investment Trust 217,909 0.04
14,527 Snc-Lavalin Group Inc. 312,596 0.05
2,681 Softchoice Corp. 39,848 0.01
5,301 Solaris Resources Inc. 62,514 0.01
1,812 Spin Master Corp. 60,473 0.01
1,725 Sprott Inc. 68,546 0.01
17,004 SSR Mining Inc. 265,040 0.05
7,937 Stantec Inc. 392,691 0.06
5,205 Stella-Jones Inc. 144,977 0.02
12,793 Superior Plus Corp. 115,778 0.02
14,104 Timbercreek Financial Corp. 94,357 0.02
9,192 Topaz Energy Corp. 114,224 0.02
6,395 Torex Gold Resources Inc. 58,543 0.01
21,591 Transalta Corp. 211,182 0.04
12,505 TransAlta Renewables Inc. 163,228 0.03
3,550 Transcontinental Inc. 50,193 0.01
26,903 Trican Well Service Limited 51,879 0.01
19,838 Tricon Capital Group Inc. 267,369 0.05
2,784 Trisura Group Limited 92,428 0.02
4,910 Turquoise Hill Resources Limited 71,097 0.01
12,029 Vermilion Energy Trust 133,148 0.02
4,132 Victoria Gold Corp. 40,991 0.01
13,250 Well Health Technologies Corp. 45,290 0.01
10,783 Wesdome Gold Mines Limited 86,402 0.01
2,553 Westshore Terminals Investment Corp. 47,667 0.01
48,818 Whitecap Resources Inc. 254,548 0.04
2,866 Winpak Limited 74,161 0.01
34,495 Yamana Gold Inc. 127,755 0.02
20,847,150 3.55
CHF Equities
1,177 Allreal Holding AG - Reg 229,457 0.04
618 Also Holding AG 178,930 0.03
21,674 AMS AG 347,128 0.06
3,912 Arbonia AG 77,775 0.01
95,733 Aryzta AG 105,419 0.02
3,451 Ascom Holding AG 39,167 0.01
370 Autoneum Holding AG 60,598 0.01
704 Banque Cantonale Vaudoise 48,104 0.01
2,438 Basilea Pharmaceutical 96,281 0.02
760 Belimo Holding AG 425,417 0.07
229 Bell Food Group AG 64,534 0.01
2,003 BKW AG 229,266 0.04
941 Bobst Group AG 75,287 0.01
449 Bossard Holding AG 142,349 0.02
379 Bucher Industries AG - Reg 164,964 0.03
167 Burckhardt Compression Holding AG 69,546 0.01
2,065 Cembra Money Bank AG 132,431 0.02
144
(expressed in EUR)

802 Comet Holding AG 260,455 0.04
90 Conzzeta AG 111,353 0.02
1,480 Cosmo Pharmaceuticals NV 93,700 0.02
429 Daetwyler Holding AG - B 166,439 0.02
2,949 Dksh Holding AG 214,310 0.04
296 Dormakaba Holding AG - Reg 172,402 0.03
5,806 Dufry AG - Reg 252,993 0.04
10,814 EFG International AG - Reg 72,534 0.01
141 Emmi AG 146,421 0.02
1,559 Flughafen Zuerich AG 246,904 0.05
75 Forbo Holding AG 135,356 0.02
3,474 Galenica AG 229,832 0.04
361 Georg Fischer AG - Reg 482,537 0.07
2,600 Helvetia Holding AG 269,495 0.05
1,124 Huber & Suhner AG - Reg 94,375 0.02
7,264 Idorsia Limited 130,676 0.02
1,143 Implenia AG - Reg 22,901 0.00
198 Inficon Holding AG 255,679 0.04
44 Interroll Holding AG 174,317 0.03
130 Intershop Holding AG 76,784 0.01
874 Kardex AG 253,049 0.05
370 Komax Holding AG - Reg 90,343 0.02
2,643 Landis+Gyr Group AG 157,510 0.03
388 Leonteq AG 25,950 0.00
1,497 Medmix AG 65,245 0.01
176,685 Meyer Burger Technology AG 69,401 0.01
661 Mobimo Holding AG - Reg 194,888 0.03
17,872 Oc Oerlikon Corp. AG - Reg 161,530 0.03
741 Orior AG 64,291 0.01
3,358 PSP Swiss Property AG - Reg 368,480 0.06
212 Rieter Holding AG - Reg 36,214 0.01
75 Schweiter Technologies AG 97,861 0.02
1,458 SFS Group AG 177,578 0.03
331 Siegfried Holding AG 284,150 0.05
25,456 SIG Combibloc Group AG 625,492 0.11
6,879 Softwareone Holding AG 131,185 0.02
423 St Galler Kantonalbank - Reg 177,584 0.03
3,489 Stadler Rail AG 134,488 0.02
1,497 Sulzer AG - Reg 129,811 0.02
1,472 Swissquote Group Holding SA 284,836 0.05
964 Tecan Group AG - Reg 516,814 0.09
321 U-Blox AG 21,825 0.00
1,463 Valiant Holding - Reg 128,911 0.02
328 Valora Holding AG 49,319 0.01
2,827 Vontobel Holding AG - Reg 217,995 0.04
1,925 VZ Holding AG 181,695 0.03
650 Ypsomed Holding AG 116,932 0.02
1,358 Zehnder Group AG 122,018 0.02
145
(expressed in EUR)

863 Zur Rose Group AG 196,144 0.03
11,177,655 1.88
DKK Equities
568 Alk-ABello A/S 261,945 0.04
4,654 Bavarian Nordic A/S 168,199 0.03
1,215 Chemometec AS 136,078 0.02
8,033 D/S Norden 179,721 0.03
3,268 DFDS A/S 153,347 0.03
1,567 Drilling Co of 1972 AS 53,978 0.01
3,746 FL Smidth & Company A/S 123,044 0.02
5,406 H Lundbeck A/S 122,728 0.02
12,460 ISS A/S 209,409 0.04
7,648 Jyske Bank A/S - Reg 346,534 0.06
2,993 Netcompany Group AS 283,502 0.05
1,291 Nilfisk Holding AS 37,319 0.01
1,721 NKT A/S 73,027 0.01
3,193 Ringkjoebing Landbobank A/S 376,930 0.06
4,310 Royal Unibrew A/S 427,200 0.08
5,683 Scandinavian Tobacco Group AS 104,910 0.02
1,092 Schouw & Company 83,542 0.01
3,789 Simcorp A/S 364,147 0.06
7,339 Spar Nord Bank A/S 82,492 0.01
6,333 Sydbank A/S 176,087 0.03
3,308 Topdanmark A/S 163,230 0.03
4,893 Zealand Pharma A/S 95,458 0.02
4,022,827 0.69
EUR Equities
123,645 A2A SpA 212,669 0.04
8,491 Aalberts Industries NV 494,686 0.08
4,658 Aareal Bank AG 133,964 0.02
3,991 AB Science SA 47,892 0.01
4,492 Accell Group 215,616 0.04
1,724 Acciona SA 289,804 0.05
6,575 Acea SpA 123,347 0.02
13,675 Acerinox SA 155,690 0.03
1,543 Ackermans & Van Haaren NV 260,305 0.05
273 Adesso SE 57,057 0.01
6,833 Adler Group SA 74,480 0.01
3,761 Adva Optical Networking SE 52,955 0.01
2,641 Aedifica 303,451 0.05
23,559 AGFA - Gevaert NV 89,289 0.02
76,415 AIB Group plc 163,528 0.03
22,108 Air France-KLM 85,580 0.01
10,225 Aixtron AG 182,721 0.03
1,161 Akka Technologies 56,076 0.01
9,028 Aktia Bank Oyj 110,864 0.02
2,105 Albioma SA 72,159 0.01
146
(expressed in EUR)

14,140 Ald SA 182,972 0.03
1,866 Alfen Beheer BV 164,675 0.03
6,349 Almirall SA 71,744 0.01
11,035 Alstria Office AG 215,514 0.04
2,463 Alten SA 390,386 0.07
936 Amadeus Fire AG 170,352 0.03
2,565 AMG Advanced Metallurgical Group NV 72,282 0.01
5,369 Andritz AG 243,645 0.04
28,725 Anima Holding SpA 128,975 0.02
4,754 Aperam SA 226,481 0.04
11,476 Applus Services SA 92,783 0.02
6,030 Arcadis NV 255,310 0.04
10,698 ASR Nederland NV 433,269 0.07
7,200 AT&S Austria Technologie & Systemtechnik AG 311,760 0.05
3,663 Atos SE 136,960 0.02
2,309 Atresmedia Corporacion de Medios de Comunicaion SA 7,703 0.00
2,024 Aurelius AG 54,729 0.01
3,017 Aurubis AG 265,677 0.04
22,202 Autogrill SpA 138,674 0.02
7,076 Azimut Holding SpA 174,636 0.03
1,490 Banca Carige SpA 1,119 0.00
4,410 Banca Generali SpA 170,888 0.03
2,801 Banca IFIS SpA 47,813 0.01
23,586 Banca Mediolanum 204,726 0.03
29,528 Banca Monte dei Paschi di Siena SpA 26,339 0.00
44,043 Banca Popolare di Sondrio Scarl 162,871 0.03
109,777 Banco BPM SpA 289,811 0.05
711,784 Banco Comercial Portugues 100,290 0.02
444,250 Banco de Sabadell SA 262,907 0.04
76,304 Bank of Ireland Group plc 380,452 0.06
59,018 Bankinter SA 266,112 0.05
5,264 Barco NV 100,858 0.02
4,284 Basic-Fit NV 179,928 0.03
327 Basler AG 51,928 0.01
5,961 Bawag Group AG 323,085 0.06
635 Baywa AG 24,479 0.00
4,838 BE Semiconductor Industries 362,947 0.06
3,414 Befesa SA 230,104 0.04
2,280 Befimmo Sca Sicafi 76,950 0.01
1,665 Bekaert SA 65,168 0.01
5,111 Beneteau SA 72,781 0.01
107,889 BEPER Banca 196,682 0.03
425 Bertrandt AG 24,225 0.00
2,096 Biesse SpA 51,184 0.01
1,755 Bilfinger Berger AG 52,475 0.01
928 Boiron SA 33,176 0.01
5,995 Boskalis Westminster 153,592 0.03
7,518 Bpost SA 57,663 0.01
147
(expressed in EUR)

15,924 Brembo SpA 199,527 0.03
2,704 Brunello Cucinelli SpA 164,133 0.03
9,134 Buzzi Unicem SpA 173,318 0.03
5,778 CA Immobilien Anlagen AG 190,674 0.03
51,857 Cairn Homes plc 58,598 0.01
3,726 Cancom AG 220,654 0.04
4,632 Carel Industries SpA 123,211 0.02
4,638 Cargotec Corp. 203,330 0.03
3,705 Carmila SA 51,351 0.01
6,808 Casino Guichard Perrachon SA 157,605 0.03
5,675 Caverion Corp. 36,263 0.01
16,439 Ceconomy AG 62,304 0.01
3,649 Cellectis SA 27,149 0.00
10,963 Cerved Information Solutions 112,700 0.02
141,380 CGG SA 89,974 0.02
7,075 Cie Automotive SA 193,572 0.03
55,272 CIR SpA 25,978 0.00
3,797 Citycon Oyj 26,579 0.00
2,084 Cm.com NV 57,935 0.01
12,843 Coface SA 160,923 0.03
2,499 Cofinimmo 351,110 0.06
862 Compagnie d’Entreprises CFE SA 105,854 0.02
4,440 Compania de Distribucion Integral Logista Holdings SA 77,833 0.01
2,275 CompuGroup Medical SE & Company KgaA 161,866 0.03
1,010 Construcciones y Auxiliar de Ferrocarriles SA 36,966 0.01
5,332 Corbion NV 220,958 0.04
1,351 Corestate Capital Holding SA 15,239 0.00
2,546 Corporacion Financiera Alba SA 131,119 0.02
6,184 Corticeira Amorim SGPS SA 69,756 0.01
8,917 Credito Emiliano SpA 51,897 0.01
38,660 Cromwell European Real Estate Investment Trust 97,810 0.02
3,975 Cropenergies AG 48,734 0.01
4,308 CTS Eventim AG 277,263 0.05
4,234 CTT-Correios de Portugal 19,286 0.00
23,946 Dalata Hotel Group Limited 89,079 0.02
2,774 Danieli & C Officine Meccaniche SpA - NVDR 47,713 0.01
5,945 De’Longhi SpA 187,386 0.03
12,883 Derichebourg SA 130,762 0.02
2,778 Dermapharm Holding SE 248,075 0.04
6,186 Deutsche Euroshop AG 90,563 0.02
11,256 Deutsche Pfandbriefbank AG 118,976 0.02
9,105 Deutz AG 59,820 0.01
1,892 Dieteren SA 324,667 0.05
8,183 doValue SpA 68,655 0.01
380 Draegerwerk AG 20,995 0.00
1,207 Draegerwerk AG & Company Kgaa 65,299 0.01
4,052 Duerr AG 162,566 0.03
8,529 Ebro Foods SA 143,970 0.02
148
(expressed in EUR)

1,351 Eckert & Ziegler Strahlen- Und Medizintechnik AG 127,129 0.02
14,734 Econocom Group SA 53,705 0.01
10,537 Elior Group SA 67,068 0.01
16,910 Elis SA 257,370 0.04
5,903 Elringklinger AG 65,582 0.01
21,309 ENAV SpA 83,744 0.01
10,234 Encavis AG 159,241 0.03
17,872 Ence Energia y Celulosa SA 40,462 0.01
914 Energiekontor AG 64,894 0.01
774 Eramet SA 55,689 0.01
3,507 ERG SpA 99,739 0.02
2,506 Eurocommercial Properties NV 47,830 0.01
17,507 Euronav NV 136,555 0.02
160,270 Europcar Group SA 81,129 0.01
13,783 Eutelsat Communications 147,961 0.03
12,806 Evotec AG 544,255 0.10
36,072 Faes Farma SA 125,458 0.02
4,824 Fagron 71,395 0.01
16,088 Falck Renewables SpA 139,322 0.02
1,336 Fastned BV 65,598 0.01
37,327 Fincantieri SpA 22,527 0.00
86,273 Finnair Oyj 51,350 0.01
5,768 Flatexdegiro AG 116,744 0.02
3,487 Flow Traders 112,281 0.02
6,898 Fluidra SA 242,810 0.04
1,845 Fnac Darty SA 106,088 0.02
3,603 Fraport AG Frankfurt Airport Services Worldwide 213,226 0.04
9,810 Freenet AG 228,279 0.04
4,684 Fugro NV 32,249 0.01
3,020 Galapagos NV 148,644 0.03
1,524 Gaztransport Et Technigaz SA 125,349 0.02
2,859 Gerresheimer AG 242,157 0.04
14,267 Gestamp Automocion SA 63,488 0.01
1,645 GFT Technologies AG 75,917 0.01
733 Gimv NV 39,069 0.01
15,160 Glanbia plc 186,468 0.03
20,790 Global Dominion Acces 97,401 0.02
6,600 Global Fashion Group SA 29,344 0.00
9,978 Grand City Properties SA 208,341 0.04
2,189 Grenke AG 67,093 0.01
4,577 Grupo Catalana Occidente SA 137,310 0.02
7,225 Hamborner REIT AG 72,380 0.01
1,479 Hamburger Hafen und Logistik AG 30,408 0.01
18,749 Heidelberger Druckmaschinen AG 49,591 0.01
3,600 Hensoldt AG 45,072 0.01
64,161 Hera SpA 234,893 0.04
29,263 Hibernia REIT plc 38,042 0.01
1,651 Hochtief AG 117,221 0.02
149
(expressed in EUR)

3,574 Home24 SE 41,458 0.01
1,351 Hornbach Holding AG & Company 179,008 0.03
4,912 Hugo Boss AG 262,792 0.04
7,480 Huhtamaki Oyj 290,897 0.05
384 Hypoport AG 196,224 0.03
1,420 Icade 89,602 0.02
2,465 Imerys SA 90,071 0.02
7,338 Immofinanz AG 165,399 0.03
13,156 Indra Sistemas SA 125,245 0.02
1,964 Indus Holding AG 64,321 0.01
22,078 Inmobiliaria Colonial SA 182,144 0.03
6,911 Interpump Group SpA 445,414 0.07
5,440 Intertrust NV 106,624 0.02
4,825 Ipsos 199,031 0.03
56,376 Iren SpA 149,622 0.03
34,826 Irish Residential Properties REIT plc 58,368 0.01
40,579 Italgas SpA 245,584 0.04
9,279 JC Decaux SA 204,138 0.03
4,407 Jenoptik AG 163,676 0.03
2,209 Jost Werke AG 109,345 0.02
4,890 Jungheinrich - Prfd 219,463 0.04
224,827 Juventus Football Club SpA 77,565 0.01
16,115 K+s AG 244,706 0.04
2,355 Kaufman & Broad SA 87,017 0.01
3,365 KBC Ancora 141,464 0.03
11,936 Kemira Oyj 159,107 0.03
2,205 Kinepolis Group NV 120,834 0.02
4,024 Kloeckner & Company SE 43,137 0.01
1,333 Koenig & Bauer AG 41,723 0.01
11,220 Kojamo Oyj 238,313 0.04
6,315 Konecranes Oyj 222,035 0.04
43,572 Koninklijke Bam Groep NV 117,209 0.02
1,452 Koninklijke Vopak NV 44,722 0.01
6,147 Korian SA 171,132 0.03
1,468 Krones AG 140,781 0.02
815 KWS Saat AG 59,495 0.01
7,256 Lagardere SCA 176,901 0.03
10,001 Lar Espana Real Estate SA 51,205 0.01
1,254 Lenzing AG 152,988 0.03
42,270 Linea Directa Aseguradora SA 67,991 0.01
2,615 Lisi SA 74,135 0.01
2,504 LPKF Laser & Electronics AG 48,928 0.01
10,946 Maire Tecnimont SpA 45,535 0.01
7,280 Maisons du Monde SA 148,221 0.03
90,504 Mapfre SA 163,405 0.03
540 Marimekko Oyj 45,738 0.01
4,367 Marr SpA 82,536 0.01
2,390 Mcphy Energy SA 51,720 0.01
150
(expressed in EUR)

12,303 Mediaset Espana Comunicacion SA 50,565 0.01
1,081 Melexis NV 113,289 0.02
11,571 Melia Hotels International SA 69,449 0.01
2,654 Mercialys SA 22,745 0.00
26,521 Merlin Properties Socimi SA 253,806 0.04
2,433 Mersen SA 89,778 0.02
9,811 Metro AG 90,457 0.02
2,938 Metropole Television SA 50,416 0.01
10,267 Metsa Board Oyj 88,399 0.01
49,155 Metso Outotec Oyj 459,501 0.08
30,826 Mfe-Mediaforeurope NV - A 27,605 0.00
30,826 Mfe-Mediaforeurope NV - B 38,378 0.01
2,467 Mithra Pharmaceuticals SA 49,291 0.01
1,601 Montea NV 211,652 0.04
2,462 Morphosys AG 82,108 0.01
16,020 Navigator Company SA 53,667 0.01
4,475 Neinor Homes SA 47,167 0.01
11,219 Neles Oyj 153,588 0.03
4,770 Neoen SA 182,023 0.03
380 New Work SE 82,650 0.01
2,307 Nexans SA 198,056 0.03
3,984 Nexity SA 164,699 0.03
10,420 Nokian Renkaat Oyj 346,986 0.06
8,132 Nordex AG 113,116 0.02
3,159 Norma Group 107,027 0.02
587 Northern Data AG 45,199 0.01
27,095 Nos Sgps SA 92,394 0.02
1,358 NSI NV 47,530 0.01
8,049 OCI NV 185,288 0.03
3,117 Oesterreichische Post AG 117,823 0.02
4,718 Ontex Group NV 32,979 0.01
16,194 Origin Enterprises plc 53,440 0.01
22,610 Outokumpu Oyj 124,355 0.02
5,260 Patrizia Immobilien AG 107,830 0.02
394 Peugeot Invest 48,856 0.01
538 Pfeiffer Vacuum Technology AG 116,208 0.02
1,180 Pharma Mar SA 67,284 0.01
102,553 Pharming Group NV 79,479 0.01
42,849 Pirelli & Company SpA 261,722 0.04
4,293 Plastic-Omnium SA 98,138 0.02
41,156 PostNL NV 157,504 0.03
18,594 Prosegur Compania de Seguridad - Reg 42,952 0.01
12,456 Prosiebensat.1 Media AG Pfd 174,509 0.03
1,353 Qt Group Oyj 180,761 0.03
4,958 Quadient 94,896 0.02
38,201 REN - Redes Energeticas Nacionais SGPS SA 97,222 0.02
1,321 Reply SpA 236,063 0.04
1,901 Revenio Group Oyj 105,601 0.02
151
(expressed in EUR)

19,199 Rexel SA 342,318 0.06
3,931 Rheinmetall AG 326,509 0.06
8,132 Rubis SCA 213,546 0.04
6,154 S Immo AG 133,850 0.02
4,778 S&T AG 70,045 0.01
39,614 Sacyr SA 90,558 0.02
54,423 Saipem SpA 100,410 0.02
5,930 Salvatore Ferragamo Italia SpA 133,603 0.02
3,812 Salzgitter AG 119,773 0.02
5,285 Sanoma Oyj 71,982 0.01
55,976 Saras SpA 30,832 0.01
10,843 SBM Offshore NV 141,989 0.02
658 Schoeller-Bleckmann Oilfield Equipment AG 20,365 0.00
6,663 Scor SE 182,833 0.03
131 Secunet Security Networks AG 54,169 0.01
3,779 Semapa-Sociedade de Investimento E Gestao 44,214 0.01
30,499 SES SA 212,639 0.04
2,614 Sgl Carbon AG 20,102 0.00
1,183 Shop Apotheke Europe NV 134,034 0.02
9,742 Signify NV 397,279 0.07
1,923 Siltronic AG 270,374 0.05
859 Sixt SE 133,660 0.02
1,177 Sixt SE 102,164 0.02
1,843 SMA Solar Technology AG 68,891 0.01
14,080 Societa Cattolica di Assicurazioni Scrl 81,523 0.01
1,961 Societe Bic SA 92,795 0.02
4,191 Software AG 147,020 0.02
1,573 Soitec 338,510 0.06
7,881 Solaria Energia y Medio Ambiente SA 134,923 0.03
10,653 Solutions 30 SE 75,583 0.01
51,062 Sonae SGPS SA 51,215 0.01
1,205 Sopra Steria Group SACA 189,788 0.03
10,581 Spie SA 240,400 0.04
1,708 Stabilus GmbH 110,251 0.02
2,811 Stroeer SE 194,802 0.03
6,390 Suedzucker AG 84,668 0.01
11,112 Tag Immobilien AG 273,466 0.05
4,314 Takkt AG 66,263 0.01
17,488 Tamburi Investment Partners SpA 173,656 0.03
10,328 TeamViewer AG 122,077 0.02
12,475 Technip Energies NV 159,930 0.03
11,604 Technogym SpA 98,112 0.02
3,450 Tecnicas Reunidas SA 23,978 0.00
12,803 Telekom Austria AG 97,559 0.02
4,102 Telenet Group Holding NV 131,510 0.02
5,151 Television Francaise 1 44,942 0.01
2,598 Tessenderlo Chemie NV 86,643 0.01
35,538 ThyssenKrupp AG 344,150 0.06
152
(expressed in EUR)

8,126 TietoEVRY Oyj 223,302 0.04
3,271 Tkh Group NV 181,541 0.03
506 Tod’s SpA 24,936 0.00
3,705 Tokmanni Group Corp. 72,803 0.01
8,187 TomTom NV 74,584 0.01
655 Trigano SA 112,005 0.02
163,169 Unicaja Banco SA 141,794 0.02
33,866 Unipol Gruppo Finanziario SpA 161,846 0.03
8,302 Uniqa Insurance Group AG 66,997 0.01
2,481 Uponor Oyj 51,952 0.01
6,800 Vallourec SA 59,840 0.01
9,703 Valmet Corp. 365,997 0.06
3,595 Valneva SE 88,078 0.01
1,505 Varta AG 172,323 0.03
1,030 Vastned Retail NV 24,720 0.00
1,603 Verallia Sasu 49,629 0.01
1,497 Verbio AG 90,269 0.02
978 VGP NV 250,368 0.04
1,166 Vicat SA 41,976 0.01
2,659 Vienna Insurance Group AG 66,209 0.01
464 Virbac SA 196,968 0.03
2,750 Viscofan SA 156,475 0.03
1,213 Wacker Chemie AG 159,631 0.03
3,372 Wacker Construction Equipment 85,109 0.02
10,997 Warehouses De Pauw CVA 463,853 0.08
32,614 Webuild SpA 67,837 0.01
2,078 Wereldhave NV 26,598 0.00
1,863 Westwing Group AG 41,247 0.01
8,612 Wienerberger AG 278,512 0.05
1,582 Wiit SpA 56,699 0.01
2,730 Wuestenrot & Wuerttembergische AG 48,212 0.01
4,983 X-Fab Silicon Foundries SE 45,545 0.01
18,213 YIT Oyj 78,571 0.01
45,346,825 7.75
GBP Equities
29,158 888 Holdings plc 104,532 0.02
15,191 Abcam plc 313,553 0.05
25,273 Advanced Medical Solutions Group plc 101,742 0.02
13,246 AG Barr plc 81,722 0.01
31,610 Airtel Africa plc 50,336 0.01
22,648 AJ Bell plc 102,342 0.02
21,943 Alphawave IP Group plc 52,218 0.01
32,090 AO World plc 42,234 0.01
34,291 Argo Blockchain plc 39,943 0.01
34,481 Ascential plc 165,259 0.03
34,993 Ashmore Group plc 121,283 0.02
5,772 Asos plc 164,374 0.03
227,246 Assura plc 188,920 0.03
153
(expressed in EUR)

4,460 Aston Martin Lagonda Global Holdings plc 71,872 0.01
6,538 Auction Technology Group plc 118,051 0.02
49,483 Avast plc 357,860 0.05
3,696 Avon Protection plc 49,347 0.01
76,164 B&M European Value Retail SA 575,129 0.10
60,245 Balfour Beatty plc 187,996 0.03
1,715 Bank of Georgia Group plc 34,071 0.01
42,529 Beazley plc 236,198 0.04
9,814 Bellway plc 389,940 0.07
35,113 Biffa plc 149,928 0.03
12,817 Big Yellow Group plc 260,583 0.04
8,173 Blue Prism Group plc 122,945 0.02
101,936 BMO Commercial Property Trust Limited 127,480 0.02
17,056 Bodycote plc 175,821 0.03
73,552 Boohoo.com plc 107,927 0.02
122,808 Breedon Aggregates Limited 138,956 0.02
35,694 Brewin Dolphin Holdings plc 157,298 0.03
22,367 Britvic plc 245,088 0.04
16,843 Burford Capital Limited 154,668 0.03
22,148 C&C Group plc 61,252 0.01
121,765 Capita Group plc 52,935 0.01
68,194 Capital & Counties Propertie 136,777 0.02
66,214 Capricorn Energy plc 148,500 0.03
12,385 Carnival plc 204,095 0.03
102,507 Centamin Egypt Limited 108,440 0.02
459,618 Centrica plc 391,408 0.06
11,588 Ceres Power Holdings plc 137,535 0.02
70,155 Cineworld Group plc 26,730 0.00
61,998 Civitas Social Housing plc 71,553 0.01
7,815 Clinigen Group plc 85,215 0.01
6,882 Clipper Logistics plc 59,508 0.01
12,452 Close Brothers Group plc 208,225 0.04
98,012 Coats Group plc 80,781 0.01
5,131 Computacenter plc 177,837 0.03
147,760 Convatec Group plc 339,921 0.06
38,424 Countryside Properties plc 205,940 0.03
4,736 Cranswick plc 208,821 0.04
26,230 Crest Nicholson Holdings plc 116,216 0.02
86,011 Currys plc 117,194 0.02
60,000 Custodian REIT plc 75,750 0.01
7,859 CVS Group plc 209,672 0.04
8,109 Dechra Pharmaceuticals plc 514,295 0.09
41,931 Deliveroo plc 104,727 0.02
9,314 Derwent London plc 378,838 0.06
8,676 Diploma plc 348,651 0.06
56,164 Direct Line Insurance Group plc 186,633 0.03
88,151 Diversified Gas & Oil plc 109,611 0.02
47,434 Domino’s Pizza Group plc 259,202 0.04
154
(expressed in EUR)

21,527 Dotdigital Group plc 50,715 0.01
34,609 Dr. Martens plc 176,425 0.03
29,429 Drax Group plc 212,059 0.04
117,707 DS Smith plc 538,063 0.10
8,280 Dunelm Group plc 136,192 0.02
18,447 Easyjet plc 122,159 0.02
32,050 Electrocomponents plc 460,364 0.08
57,566 Elementis plc 90,229 0.02
4,204 Emis Group plc 68,097 0.01
44,331 Empiric Student Property plc 45,408 0.01
10,603 Energean plc 107,974 0.02
25,691 Essentra plc 105,567 0.02
164,121 Eurasia Mining plc 47,891 0.01
11,389 Euromoney Institutional Investor plc 125,474 0.02
1,403 FD Technologies plc 33,588 0.01
27,779 Ferrexpo plc 99,059 0.02
11,637 Fevertree Drinks plc 374,916 0.06
54,215 Firstgroup plc 65,993 0.01
28,953 Forterra plc 95,176 0.02
11,641 Frasers Group plc 106,898 0.02
33,110 Funding Circle Holdings plc 44,168 0.01
11,051 Future plc 504,111 0.09
2,739 Games Workshop Group plc 325,247 0.06
6,344 Gamma Communications plc 124,673 0.02
20,126 GB Group plc 177,025 0.03
21,749 Genuit Group plc 151,797 0.03
6,278 Genus plc 369,232 0.07
3,485 Go-Ahead Group plc 27,686 0.00
19,988 Grafton Group plc 293,534 0.05
52,864 Grainger plc 198,334 0.03
22,918 Great Portland Estates plc 198,717 0.03
543,758 Greatland Gold plc 103,622 0.02
38,371 Greencore Group plc 59,183 0.01
7,945 Greggs plc 315,774 0.05
36,229 Halfords Group plc 149,041 0.03
378,350 Hammerson plc 147,807 0.03
32,393 Harbour Energy plc 136,578 0.02
198,916 Hays plc 346,372 0.06
4,859 Hill & Smith Holdings plc 103,939 0.02
27,317 Hiscox Limited 280,067 0.05
50,980 Hochschild Mining plc 78,996 0.01
24,708 Homeserve plc 257,350 0.04
48,642 Howden Joinery Group plc 522,106 0.09
16,858 Hunting plc 33,973 0.01
20,003 Ibstock plc 48,554 0.01
28,992 IG Group Holdings plc 280,734 0.05
22,632 Imi plc 467,949 0.09
36,365 Inchcape plc 393,924 0.07
155
(expressed in EUR)

27,911 IntegraFin Holdings plc 186,328 0.03
23,725 Intermediate Capital Group plc 619,968 0.10
53,962 Investec plc 258,689 0.04
81,453 Ip Group plc 120,103 0.02
44,045 Iqe plc 18,125 0.00
45,262 ITM Power plc 212,401 0.04
288,209 ITV plc 379,483 0.06
64,048 IWG plc 221,986 0.04
4,767 JD Wetherspoon plc 54,563 0.01
15,081 JET2 plc 200,277 0.04
53,099 John Wood Group plc 120,857 0.02
38,694 Jupiter Fund Management plc 118,165 0.02
79,819 Just Group plc 79,476 0.01
5,765 Kainos Group plc 131,628 0.02
9,959 Kape Technologies plc 53,970 0.01
3,290 Keller Group plc 38,597 0.01
6,301 Keywords Studios plc 220,789 0.04
25,460 Lancashire Holdings Limited 160,716 0.03
36,795 Learning Technologies Group plc 77,920 0.01
10,186 Liontrust Asset Management plc 266,902 0.05
89,511 Londonmetric Property plc 302,136 0.05
45,753 LXI REIT plc 79,016 0.01
132,722 Man Group plc 359,467 0.06
153,958 Marks & Spencer Group plc 424,318 0.08
22,978 Marshalls plc 189,521 0.03
53,371 Marston’s plc 48,947 0.01
37,437 Mediclinic International plc 142,863 0.02
75,077 Meggitt plc 659,916 0.12
26,419 Micro Focus International plc 131,497 0.02
31,197 Mitchells & Butlers plc 95,122 0.02
52,419 Mitie Group plc 40,269 0.01
53,295 Moneysupermarket.Com Group plc 137,109 0.02
16,456 Moonpig Group plc 73,499 0.01
13,961 Morgan Crucible Company 59,612 0.01
3,057 Morgan Sindall plc 91,753 0.02
6,482 Naked Wines plc 50,259 0.01
40,664 National Express Group plc 124,568 0.02
22,025 NCC Group Limited 61,253 0.01
40,772 Network International Holdings plc 141,895 0.02
26,981 Ninety One plc 89,079 0.02
14,605 On the Beach Group 49,576 0.01
34,272 OSB Group plc 226,343 0.04
24,944 Pagegroup plc 188,208 0.03
79,782 Pantheon Resources plc 73,453 0.01
12,804 Paragon Group of Companies plc 86,392 0.01
21,673 Pennon Group plc 301,243 0.06
59,295 Petrofac Limited 81,428 0.01
39,666 Pets At Home Group plc 219,684 0.04
156
(expressed in EUR)

21,843 Playtech plc 190,566 0.03
7,712 Plus500 Limited 124,966 0.02
112,955 Primary Health Properties plc REIT 203,684 0.03
23,147 Provident Financial plc 99,028 0.02
12,602 PZ Cussons plc 30,844 0.01
65,054 Qinetiq Group plc 206,102 0.03
138,480 Quilter plc 244,929 0.04
4,638 Rathbone Brothers plc 109,597 0.02
13,586 Reach plc 45,713 0.01
25,849 Redde Northgate plc 134,386 0.02
18,009 Redrow plc 150,318 0.03
3,319 Renishaw plc 188,956 0.03
25,549 Restaurant Group plc 28,695 0.00
16,670 Restore plc 97,288 0.02
3,902 Rhi Magnesita NV 153,644 0.03
79,530 Rightmove plc 753,051 0.12
75,816 Rotork plc 322,551 0.05
61,347 Royal Mail plc 369,717 0.06
23,222 RWS Holdings plc 179,779 0.03
31,944 S4 Capital plc 241,215 0.05
17,762 Sabre Insurance Group plc 38,883 0.01
18,363 Safestore Holdings plc 308,163 0.05
9,415 Sanne Group plc 102,156 0.02
14,466 Savills plc 242,592 0.04
36,713 Senior plc 64,278 0.01
27,750 Serica Energy plc 79,654 0.01
21,675 Shaftesbury plc 158,767 0.03
134,436 Sirius Real Estate Limited 226,408 0.04
11,959 Smart Metering Systems plc 119,789 0.02
10,209 Softcat plc 219,354 0.04
164,121 Solgold plc 56,688 0.01
11,704 Spectris plc 509,922 0.09
48,655 Spire Healthcare Group plc 144,875 0.02
47,424 Spirent Communications plc 156,008 0.03
74,839 SSP Group plc 214,016 0.04
14,936 Stagecoach Group plc 15,966 0.00
13,677 Strix Group plc 49,440 0.01
28,757 Synthomer plc 136,866 0.02
35,040 Tate & Lyle plc 276,029 0.05
5,048 Telecom Plus plc 95,356 0.02
16,781 Ti Fluid Systems plc 50,966 0.01
58,630 Tp Icap Group plc 106,631 0.02
49,999 Trainline plc 166,147 0.03
18,797 Travis Perkins plc 348,021 0.06
7,505 Tremor International Limited 49,521 0.01
140,831 Tritax Big Box REIT plc 417,661 0.07
21,575 Trustpilot Group plc 84,131 0.01
89,477 TUI AG 246,604 0.04
157
(expressed in EUR)

120,679 Tullow Oil plc 66,764 0.01
114,835 UK Commercial Property REIT Limited 102,169 0.02
28,033 Unite Group plc 370,778 0.06
21,245 Vesuvius plc 113,917 0.02
13,415 Victoria plc 191,734 0.03
6,509 Victrex plc 189,471 0.03
130,544 Virgin Money UK plc 276,449 0.05
20,651 Vistry Group plc 291,218 0.05
10,534 Volex plc 43,222 0.01
20,733 Weir Group plc 422,635 0.07
9,768 WH Smith plc 172,184 0.03
21,063 Wickes Group plc 59,456 0.01
10,383 Workspace Group plc 99,984 0.02
20,397 Yellow Cake plc 82,598 0.01
38,630,487 6.63
HKD Equities
16,700 ASM Pacific Technology Limited 158,694 0.03
20,000 Cafe de Coral Holdings Limited 31,356 0.01
173,000 Champion REIT 77,856 0.01
79,000 Chinese Estates Holdings Limited 25,484 0.00
16,000 Chow Sang Sang Holding 19,671 0.00
37,250 Cmbc Capital Holdings Limited 20,293 0.00
462,000 Comba Telecom Systems Holdings Limited 93,797 0.02
33,152 Dah Sing Banking Group Limited 24,903 0.00
10,848 Dah Sing Financial Holdings Limited 28,876 0.00
34,000 EC Healthcare 42,721 0.01
174,000 Far East Consortium 55,737 0.01
166,000 First Pacific Company 53,736 0.01
115,000 Fortune Real Estate Investment Trust 103,897 0.02
472,000 Guotai Junan International 57,496 0.01
290,000 Haitong International Securities Group Limited 54,952 0.01
91,000 Hang Lung Group Limited 170,998 0.03
50,000 Health and Happiness (H&H) 68,126 0.01
99,000 HKBN Limited 106,862 0.02
44,000 Hong Kong Technology Venture Company Limited 42,184 0.01
94,000 Hutchison Telecommunications Hong Kong Holdings Limited 13,253 0.00
49,000 Hysan Development Company Limited 133,195 0.02
66,000 IGG Inc. 51,588 0.01
51,750 Johnson Electric Holdings Limited 96,426 0.02
176,885 K Wah International Holdings Limited 60,053 0.01
70,000 Kerry Logistics Network Limited 150,486 0.03
61,000 Kerry Properties Limited 139,669 0.02
62,000 Lifestyle International Holdings Limited 30,000 0.01
37,500 LK Technology Holdings Limited 67,759 0.01
50,000 Luk Fook Holdings International Limited 118,431 0.02
136,000 Man Wah Holdings Limited 185,302 0.03
78,000 Melco International Development Limited 83,666 0.01
158,000 Nws Holdings Limited 130,271 0.02
158
(expressed in EUR)
HKD Equities (continued)

572,000 Pacific Basin Shipping Limited 184,517 0.03
97,000 Pacific Textile Holdings Limited 40,262 0.01
74,000 Pax Global Technology Limited 46,074 0.00
330,000 Pccw Limited 147,023 0.02
176,000 Razer Inc. 48,040 0.01
44,000 Realord Group Holdings Limited 48,288 0.01
158,000 SASA International Holdings Limited 29,761 0.01
84,000 Shangri-La Asia Limited 61,679 0.01
82,000 Shun Tak Holdings Limited 19,885 0.00
37,669 Smartone Telecommunications Holding Limited 17,632 0.00
128,000 SUNeVision Holdings Limited 106,547 0.02
95,000 Sunlight Real Estate Investment Trust 46,504 0.01
57,500 Texhong Textile Group Limited 66,801 0.01
198,000 United Laboratories Limited 97,370 0.02
87,000 Value Partners Group Limited 38,172 0.01
58,000 Vitasoy International Holdings Limited 102,969 0.02
92,000 Vobile Group Limited 64,128 0.01
16,600 Vtech Holdings Limited 114,306 0.02
85,000 Yue Yuen Industrial Holdings Limited 125,018 0.02
3,902,714 0.66
ILS Equities
2,550 AFI Properties Limited 148,414 0.03
9,429 Airport City Limited 185,654 0.03
13,685 Alony Hetz Properties & Investments Limited 223,983 0.04
16,555 Amot Investments Limited 118,242 0.02
2,304 AudioCodes Limited 70,759 0.01
160,792 Bezeq Israeli Telecommunication Corp. Limited 233,459 0.03
912 Big Shopping Centers Limited 130,896 0.02
3,783 Cellcom Israel Limited 18,683 0.00
10,095 Clal Insurance Enterprises Holdings 227,602 0.04
973 Delek Group Limited 70,128 0.01
860 Delta Galil Industries Limited 51,997 0.01
13,789 Doral Group Renewable Energy Resources Limited 53,568 0.01
144 Electra Limited 87,797 0.01
39,597 Energix-Renewable Energies Limited 148,233 0.03
47,518 Enlight Renewable Energy Limited 102,758 0.02
3,466 Equital Limited 116,641 0.02
530 Fattal Holdings 1998 Limited 47,049 0.01
4,339 First International Bank Of Israel Limited 158,755 0.03
1,666 Formula Systems 1985 Limited 178,771 0.03
16,000 Gav-Yam Lands Corp. Limited 173,587 0.03
8,589 Gazit-Globe Limited 59,672 0.01
18,103 Harel Insurance Investments & Financial Services Limited 180,752 0.03
1,660 IDI Insurance Company 53,232 0.01
572 Israel Corp. Limited 217,363 0.04
2,458 Kenon Holdings Limiteds 109,725 0.02
6,109 Matrix IT Limited 163,019 0.03
1,625 Melisron Limited 133,143 0.02
159
(expressed in EUR)
ILS Equities (continued)

123,736 Migdal Insurance & Financial Holding Limited 179,376 0.03
44,746 Mivne Real Estate KD Limited 169,152 0.03
4,105 Nova Limited 520,399 0.09
236,055 Oil Refineries Limited 59,624 0.01
3,606 One Software Technologies Limited 63,064 0.01
10,326 Opc Energy Limited 101,822 0.02
15,440 Partner Communications Company Limited 110,584 0.02
574 Paz Oil Company Limited 62,712 0.01
2,632 Perion Network Limited 56,664 0.01
15,334 Phoenix Holdings Limited 174,290 0.03
21,719 REIT 1 Limited 136,349 0.02
3,232 Sapiens International Corp. NV 98,893 0.02
9,831 Shapir Engineering and Industry Limited 76,439 0.01
18,333 Shikun & Binui Limited 103,228 0.02
15,725 Shufersal Limited 115,069 0.02
3,563 Strauss Group Limited 97,646 0.02
6,217 Tower Semiconductor Limited 216,928 0.04
5,806,121 1.00
JPY Equities
7,000 77 Bank Limited 71,361 0.01
59 Activia Properties Inc. 187,424 0.03
4,400 Adastria Company Limited 54,297 0.01
4,800 Adeka Corp. 94,091 0.02
111 Advance Residence Investment Corp. 322,097 0.05
1,800 Aeon Delight Company Limited 46,322 0.01
12,000 Aeon Financial Service Company Limited 113,811 0.02
147 Aeon REIT Investment Corp. 180,840 0.03
2,900 Ai Holdings Corp. 42,607 0.01
5,200 Aica Kogyo Company Limited 132,031 0.02
700 Aichi Steel Corp. 13,315 0.00
5,000 Aida Engineering Limited 40,816 0.01
48,000 Aiful Corp. 130,488 0.02
1,800 Ain Holdings Inc. 78,760 0.01
14,100 Air Water Inc. 191,224 0.03
1,800 Airtrip Corp. 42,198 0.01
6,900 Alfresa Holdings Corp. 80,774 0.01
16,400 Alps Alpine Company Limited 135,880 0.02
26,200 Amada Company Limited 227,880 0.04
5,300 Amano Corp. 107,130 0.02
9,800 AnGes Inc. 28,737 0.00
8,400 Anicom Holdings Inc. 53,176 0.01
11,800 Anritsu Corp. 160,122 0.03
4,700 Aoki Holdings Inc. 22,144 0.00
8,900 Aozora Bank Limited 171,130 0.03
4,400 Arcs Company Limited 71,668 0.01
1,100 Ariake Japan Company Limited 52,415 0.01
2,200 As One Corp. 129,526 0.02
12,000 Asahi Holdings Inc. 187,852 0.03
160
(expressed in EUR)

13,200 Asics Corp. 257,036 0.04
6,400 Askul Corp. 74,970 0.01
12,300 Atom Corp. 72,323 0.01
3,800 Autobacs Seven Company Limited 40,712 0.01
3,600 Avex Inc. 39,641 0.01
2,200 Awa Bank Limited 36,489 0.01
4,600 Bank of Kyoto Limited 187,226 0.03
6,900 Base Inc. 32,457 0.01
1,000 BayCurrent Consulting Inc. 339,813 0.06
2,200 Belc Company Limited 94,583 0.02
5,800 Benesse Holdings Inc. 100,052 0.02
3,700 Benext-Yumeshin Group Company 47,834 0.01
1,000 Bengo4.Com Inc. 46,505 0.01
10,400 Bic Camera Inc. 76,479 0.01
2,300 BML Inc. 62,789 0.01
3,300 Canon Marketing Japan Inc. 57,732 0.01
4,000 Casio Computer Company Limited 45,176 0.01
900 Cellsource Company Limited 37,318 0.01
2,800 Central Glass Company Limited 45,585 0.01
3,400 Change Inc. 49,304 0.01
19,000 Chiyoda Corp. 51,071 0.01
4,100 Chudenko Corp. 66,562 0.01
16,700 Chugoku Bank Limited 114,900 0.02
10,300 Chugoku Electric Power Company Inc. 73,226 0.01
11,000 Chugoku Marine Paints Limited 79,799 0.01
23,300 Citizen Watch Company Limited 88,607 0.01
3,500 Ckd Corp. 62,461 0.01
6,200 Coca-Cola West Japan Company Limited 62,495 0.01
4,200 Colopl Inc. 21,071 0.00
3,700 Colowide Company Limited 46,026 0.01
38 Comforia Residential 99,096 0.02
9,500 Comsys Holdings Corp. 185,786 0.03
5,900 Cosmo Energy Holdings Company Limited 101,281 0.02
2,300 Create SD Holdings Company 55,939 0.01
11,700 Credit Saison Company Limited 108,017 0.02
7,200 Curves Holdings Company Limited 43,655 0.01
9,400 Daibiru Corp. 158,923 0.03
2,100 Daido Steel Company Limited 66,871 0.01
3,000 Daihen Corp. 109,389 0.02
3,200 Daiichikosho Company Limited 85,037 0.01
6,000 Daio Paper Corp. 87,511 0.01
4,080 Daiseki Company Limited 159,207 0.03
5,050 Daishi Hokuetsu Financial Group Inc. 97,950 0.02
25 Daiwa Office Investment Corp. 133,634 0.02
181 Daiwa Securities Living Investments Corp. 163,786 0.03
6,700 Daiwabo Holdings Company Limited 94,140 0.02
6,800 DCM Holdings Company Limited 55,302 0.01
4,900 Demae-Can Company Limited 34,424 0.01
161
(expressed in EUR)

11,900 Dena Company Limited 160,933 0.03
6,200 Denka Company Limited 178,016 0.03
2,200 Descente Limited 71,147 0.01
7,800 Dic Corp. 172,494 0.03
1,600 Digital Arts Inc. 103,120 0.02
4,000 Digital Garage Inc. 149,517 0.03
2,500 Dip Corp. 74,740 0.01
10,700 DMG Mori Company Limited 161,537 0.03
2,500 Doutor Nichires Holdings Company Limited 30,583 0.01
3,200 Dowa Holdings Company Limited 118,148 0.02
6,600 DTS Corp. 127,208 0.02
2,600 Duskin Company Limited 55,771 0.01
2,400 Earth Corp. 112,345 0.02
8,200 Ebara Corp. 400,125 0.07
9,400 Edion Corp. 77,021 0.01
5,000 Eiken Chemical Company Limited 73,690 0.01
2,500 Eizo Corp. 77,031 0.01
4,400 Elecom Company Limited 50,836 0.01
11,700 Electric Power Development Company Limited 136,429 0.02
4,100 En-japan Inc. 101,752 0.02
10,800 Euglena Company Limited 58,555 0.01
3,700 Exedy Corp. 47,043 0.01
10,500 EXEO Group Inc. 194,358 0.03
3,100 Ezaki Glico Company Limited 86,641 0.01
6,600 Fancl Corp. 172,870 0.02
4,100 FCC Company Limited 46,869 0.01
6,500 Ferrotec Corp. 210,207 0.04
8,800 Financial Products Group Company Limited 45,964 0.01
10,000 Food & Life Companies Limited 332,176 0.05
5,600 Fp Corp. 167,631 0.03
1,900 Freee KK 92,277 0.02
28 Frontier Real Estate Investment Corp. 106,266 0.02
4,400 Fuji Corp. 86,754 0.01
3,500 Fuji Kyuko Company Limited 109,046 0.02
3,700 Fuji Oil Company Limited 65,550 0.01
3,600 Fuji Seal International Inc. 58,225 0.01
3,000 Fuji Soft ABC Inc. 127,144 0.02
16,000 Fujikura Limited 69,032 0.01
4,000 Fujitec Company Limited 76,973 0.01
7,800 Fujitsu General Limited 162,666 0.03
13,200 Fukuoka Financial Group Inc. 198,674 0.03
92 Fukuoka REIT Company 117,183 0.02
2,200 Fukuyama Transporting Company Limited 65,939 0.01
6,000 Funai Soken Holdings Inc. 119,859 0.02
1,700 Furukawa Company Limited 16,487 0.00
5,400 Furukawa Electric Company Limited 95,749 0.02
3,200 Future Corp. 42,836 0.01
1,400 Fuyo General Lease Company Limited 85,205 0.01
162
(expressed in EUR)

6,100 Geo Holdings Corp. 57,714 0.01
2,100 Giken Limited 65,027 0.01
134 Global One Real Estate Investment Corp. 123,200 0.02
6,100 Glory Limited 101,966 0.02
200 GMO Financial Gate Inc. 42,839 0.01
5,900 GMO internet Inc 122,321 0.02
6,600 GNI Group Limited 74,641 0.01
2,000 Goldwin Inc. 101,715 0.02
18,500 Gree Inc. 119,656 0.02
7,600 GS Yuasa Corp. 148,455 0.03
4,790 Gungho Online Entertainment Inc. 94,663 0.02
53,200 Gunma Bank Limited 143,000 0.02
2,300 Gunze Limited 70,956 0.01
12,500 H2O Retailing Corp. 77,317 0.01
24,700 Hachijuni Bank Limited 74,126 0.01
103 Hankyu REIT Inc. 124,587 0.02
3,900 Hanwa Company Limited 97,087 0.02
23,900 Haseko Corp. 260,254 0.04
19,900 Hazama Ando Corp. 131,447 0.02
2,900 Heiwa Corp. 41,943 0.01
2,400 Heiwa Real Estate Company Limited 70,926 0.01
119 Heiwa Real Estate REIT 142,032 0.02
5,100 Heiwado Company Limited 75,203 0.01
2,800 Hennge KK 41,437 0.01
1,300 Hirata Corp. 63,434 0.01
26,500 Hirogin Holdings Inc. 139,427 0.02
2,200 HIS Company Limited 31,416 0.01
3,200 Hitachi Transport System Limited 131,955 0.02
9,700 Hitachi Zosen Corp. 59,109 0.01
1,600 Hogy Medical Company Limited 39,831 0.01
9,700 Hokkaido Electric Power Company Inc. 37,999 0.01
1,300 Hokkoku Financial Holdings Inc. 25,314 0.00
18,000 Hokuetsu Paper Mills Limited 98,828 0.02
12,000 Hokuhoku Financial Group Inc. 83,754 0.01
17,600 Hokuriku Electric Power Company 78,623 0.01
3,400 Horiba Limited 175,512 0.03
16 Hoshino Resorts REIT Inc. 79,784 0.01
7,800 Hosiden Corp. 68,676 0.01
5,300 House Foods Corp. 117,410 0.02
5,600 HU Group Holdings Inc. 124,868 0.02
122 Hulic REIT Inc. 161,264 0.03
13,000 Hyakugo Bank Limited 34,149 0.01
1,100 Ichibanya Company Limited 39,017 0.01
27,900 Ichigo Inc. 59,654 0.01
151 Ichigo Office REIT Investment 95,590 0.02
4,400 Idec Corp. 93,642 0.02
10,400 IHI Corp. 183,930 0.03
5,600 Iino Kaiun Kaisha Limited 23,349 0.00
163
(expressed in EUR)

3,600 Inaba Denki Sangyo Company Limited 74,279 0.01
5,000 Inabata & Company Limited 64,030 0.01
157 Industrial & Infrastructure Fund Investment Corp. 266,274 0.05
3,300 Infocom Corp. 54,986 0.01
26,000 Infomart Corp. 185,836 0.03
29,224 Infroneer Holdings Inc. 233,874 0.04
2,400 Insource Company Limited 51,627 0.01
6,400 Internet Initiative Japan Inc. 232,142 0.04
614 Invincible Investment Corp. 170,667 0.03
1,200 IR Japan Holdings Limited 62,953 0.01
1,300 Iriso Electronics Company Limited 43,034 0.01
31,700 Isetan Mitsukoshi Holdings Limited 205,759 0.03
10,000 Itoham Yonekyu Holdings Inc. 50,247 0.01
2,600 Iwatani Corp. 115,155 0.02
25,100 Iyo Bank Limited 110,402 0.02
4,200 Izumi Company Limited 103,433 0.02
18,200 J Front Retailing Company Limited 145,512 0.02
5,700 Jaccs Company Limited 128,926 0.02
3,100 Jafco Group Company Limited 156,711 0.03
2,900 Japan Airport Terminal Company Limited 106,297 0.02
7,800 Japan Aviation Electronics Industry Limited 118,590 0.02
19,600 Japan Display Inc. 5,388 0.00
9,200 Japan Elevator Service Holdings Company Limited 150,905 0.03
136 Japan Excellent Inc. 138,436 0.02
371 Japan Hotel REIT Investment 159,217 0.03
3,200 Japan Lifeline Company 26,782 0.00
93 Japan Logistics Fund Inc. 253,176 0.04
8,400 Japan Material Company Limited 121,490 0.02
3,100 Japan Petroleum Exploration Company 59,323 0.01
39 Japan Prime Realty Investment Corp. 118,828 0.02
6,700 Japan Securities Finance Company Limited 49,116 0.01
5,200 Japan Steel Works Limited 153,275 0.03
9,200 JCR Pharmaceuticals Company Limited 156,244 0.03
2,900 Jeol Limited 203,514 0.03
8,000 JGC Holdings Corp. 58,708 0.01
900 Jig-Saw Inc. 43,641 0.01
2,400 JINS Holdings Inc. 128,472 0.02
3,100 Jmdc Inc. 203,109 0.03
3,100 Joshin Denki Company 50,659 0.01
6,800 Joyful Honda Company Limited 76,488 0.01
16,600 Jtekt Corp. 127,396 0.02
1,500 Juroku Financial Group Inc. 24,833 0.00
2,500 Justsystems Corp 102,708 0.02
9,802 Kadokawa Dwango Corp. 224,327 0.04
6,900 Kagome Company Limited 157,649 0.03
2,000 Kaken Pharmaceutical Company Limited 64,297 0.01
2,100 Kanamoto Company Limited 38,647 0.01
11,500 Kandenko Company Limited 75,259 0.01
164
(expressed in EUR)

3,700 Kaneka Corp. 106,659 0.02
8,400 Kanematsu Corp. 82,169 0.01
6,100 Katitas Company Limited 206,122 0.03
1,900 Kato Sangyo Company Limited 48,605 0.01
12,500 Kawasaki Heavy Industries Limited 198,352 0.03
6,500 Kawasaki Kisen Kaisha Limited 343,479 0.06
2,300 Keeper Technical Laboratory Company Limited 39,061 0.01
4,400 Keihan Electric Railway Company Limited 88,904 0.02
9,700 Keikyu Corp. 85,182 0.01
6,500 Keiyo Bank Limited 23,130 0.00
41 Kenedix Office Investment Corp. 222,604 0.04
61 Kenedix Residential Investment Corp. 103,550 0.02
60 Kenedix Retail REIT Corp. 129,664 0.02
10,100 Kewpie Corp. 191,273 0.03
6,200 Kh Neochem Company 150,556 0.03
13,400 Kinden Corp. 176,819 0.03
2,200 Kintetsu World Express Inc. 50,231 0.01
2,200 Kissei Pharmaceutical Company Limited 37,867 0.01
700 Ki-Star Real Estate Company Limited 47,734 0.01
14,400 Kitz Corp. 78,293 0.01
7,800 Kiyo Bank Limited 84,043 0.01
24,000 Kobe Steel Limited 105,747 0.02
4,900 Kohnan Shoji Company Limited 126,659 0.02
8,400 Kokuyo Company Limited 109,944 0.02
3,700 Komeda Holdings Company 57,921 0.01
1,900 Komeri Company Limited 37,099 0.01
35,700 Konica Minolta Holdings Inc. 142,850 0.02
7,200 Koshidaka Holdings Company 33,703 0.01
2,100 Kotobuki Spirits Company 88,359 0.01
20,000 K’S Holdings Corp. 170,747 0.03
4,000 Kumagai Gumi Company Limited 87,695 0.01
11,700 Kumiai Chemical Industry Company 70,671 0.01
3,800 Kura Sushi Inc. 105,335 0.02
23,200 Kuraray Company Limited 176,984 0.03
1,000 Kureha Corp. 62,770 0.01
1,000 Kusuri No Aoki Holdings 55,668 0.01
900 Kyb Corp. 22,164 0.00
2,700 Kyorin Company Limited 38,061 0.01
3,900 Kyoritsu Maintenance Company Limited 120,168 0.02
4,700 Kyudenko Corp. 127,411 0.02
17,000 Kyushu Electric Power Company Inc. 111,253 0.02
24,000 Kyushu Financial Group 76,607 0.01
10,300 Kyushu Railway Company 188,139 0.03
180 Lasalle Logiport REIT 278,479 0.05
13,600 Leopalace21 Corp. 19,109 0.00
5,300 Lintec Corp. 106,644 0.02
1,600 M&A Capital Partners Company Limited 64,389 0.01
4,600 Mabuchi Motor Company Limited 133,482 0.02
165
(expressed in EUR)

4,300 Macnica Fuji Electronics Holdings 90,364 0.02
2,300 Makino Milling Machine Company Limited 72,186 0.01
3,400 Mandom Corp. 36,764 0.01
9,600 Mani Inc. 116,926 0.02
2,800 Maruha Nichiro Corp. 51,423 0.01
14,700 Marui Group Company Limited 243,028 0.04
1,500 Maruwa Company 186,706 0.03
13,400 Matsui Securities Company Limited 80,940 0.01
10,260 MatsukiyoCocokara & Company 333,762 0.06
5,900 Maxell Holdings Limited 61,634 0.01
41,600 Mebuki Financial Group Inc. 75,287 0.01
2,300 Medley Inc. 41,660 0.01
3,000 Megmilk Snow Brand Company Limited 45,588 0.01
2,600 Meidensha Corp. 54,401 0.01
2,100 Meitec Corp. 108,565 0.02
4,600 Menicon Company Limited 119,431 0.02
2,400 Micronics Japan Company Limited 33,978 0.01
2,800 Milbon Company Limited 121,875 0.02
335 Mirai Corp. 126,500 0.02
5,200 Mirait Holdings Corp. 75,327 0.01
48 Mitsubishi Estate Logistics REIT Investment Corp. 192,067 0.03
4,000 Mitsubishi Logistics Corp. 88,122 0.01
14,300 Mitsubishi Materials Corp. 215,667 0.04
16,000 Mitsubishi Motors Corp. 39,220 0.01
2,600 Mitsubishi Pencil Company Limited 24,044 0.00
40 Mitsui Fudosan Logistics Park 197,015 0.03
800 Mitsui High-Tec Inc. 68,848 0.01
5,000 Mitsui Mining & Smelting Company Limited 119,698 0.02
8,200 Mitsui Osk Lines Limited 534,752 0.10
2,900 Mitsui Sugar Company Limited 42,917 0.01
1,200 Mitsui-Soko Company Limited 22,780 0.00
3,000 Mixi Inc. 46,161 0.01
1,600 Mizuho Leasing Company Limited 38,975 0.01
1,200 Mizuno Corp. 20,563 0.00
2,800 Mochida Pharmaceutical Company Limited 74,408 0.01
18,400 Monex Group Inc. 98,495 0.02
4,800 Money Forward Inc. 253,646 0.04
144 Mori Hills REIT Investment Corp. 171,651 0.03
115 Mori Trust Sogo REIT Inc. 127,159 0.02
2,600 Morinaga & Company Limited 74,652 0.01
4,800 Morinaga Milk Industry Company Limited 200,131 0.03
6,100 Morita Holdings Corp. 60,928 0.01
2,200 Mos Food Services Inc. 51,743 0.01
3,600 Musashi Seimitsu Industry Company Limited 52,644 0.01
1,600 Musashino Bank Limited 21,980 0.00
2,800 Nabtesco Corp. 72,804 0.01
900 Nachi-Fujikoshi Corp. 28,315 0.00
4,300 Nagaileben Company 74,340 0.01
166
(expressed in EUR)

12,000 Nagase & Company Limited 170,716 0.03
8,500 Nagoya Railroad Company Limited 113,589 0.02
6,100 Nakanishi Inc. 98,659 0.02
10,629 Nankai Electric Railway Company Limited 176,536 0.03
1,200 Nanto Bank Limited 17,786 0.00
6,300 NEC Networks & System Integration Corp. 86,836 0.01
6,500 Net One Systems Company Limited 153,871 0.03
11,900 NGK Spark Plug Company Limited 182,016 0.03
1,700 NH Foods Limited 53,744 0.01
16,000 NHK Spring Company Limited 119,492 0.02
3,500 Nichias Corp. 74,140 0.01
3,300 Nichicon Corp. 31,827 0.01
3,000 Nichiha Corp. 69,986 0.01
3,300 Nichi-Iko Pharmaceutical Company Limited 17,766 0.00
11,000 Nichirei Corp. 223,689 0.04
6,400 Nifco Inc. 176,428 0.03
7,600 Nihon Kohden Corp. 183,102 0.03
6,000 Nihon Parkerizing Company Limited 51,545 0.01
4,700 Nihon Unisys Limited 115,926 0.02
4,000 Nikkiso Company Limited 24,558 0.00
3,600 Nikkon Holdings Company Limited 59,544 0.01
11,100 Nikon Corp. 105,105 0.02
6,000 Nippn Corp. 75,874 0.01
5,900 Nippo Corp. 179,765 0.03
48 Nippon Accommodations Fund 243,016 0.04
700 Nippon Carbon Company Limited 22,290 0.00
4,000 Nippon Densetsu Kogyo Company Limited 50,766 0.01
6,200 Nippon Electric Glass Company Limited 139,620 0.02
7,500 Nippon Gas Company Limited 87,340 0.01
16,100 Nippon Kayaku Company Limited 145,565 0.02
6,880 Nippon Light Metal Holdings Company Limited 90,575 0.02
8,200 Nippon Paper Industries Company Limited 68,002 0.01
48 Nippon REIT Investment Corp. 150,282 0.03
3,000 Nippon Seiki Company Limited 26,597 0.00
4,000 Nippon Sheet Glass Company Limited 15,670 0.00
2,900 Nippon Shokubai Company Limited 117,812 0.02
1,600 Nippon Soda Company Limited 40,442 0.01
700 Nippon Steel & Sumikin Bussan Corp. 26,834 0.00
32,600 Nippon Suisan Kaisha Limited 135,175 0.02
13,500 Nipro Corp. 112,264 0.02
6,500 Nishimatsu Construction Company Limited 180,922 0.03
9,700 Nishimatsuya Chain Company Limited 102,293 0.02
15,800 Nishi-Nippon Financial Holdings Inc. 89,766 0.02
3,898 Nishi-Nippon Railroad Company Limited 77,660 0.01
2,400 Nishio Rent All Company Limited 52,635 0.01
4,000 Nissan Shatai Company Limited 21,534 0.00
1,600 Nissei ASB Machine Company 38,731 0.01
9,100 Nissha Printing Company Limited 116,048 0.02
167
(expressed in EUR)

4,200 Nisshin Oillio Group Limited 92,978 0.02
14,900 Nisshinbo Holdings Inc. 99,558 0.02
2,200 Nitta Corp. 49,509 0.01
2,000 Nitto Boseki Company Limited 44,978 0.01
2,900 Nittoku Engineering Company 88,249 0.02
1,100 Noevir Holding Company 45,275 0.01
6,800 Nof Corp. 301,693 0.05
4,800 Nojima Corp. 88,263 0.01
8,800 Nok Corp. 84,133 0.01
6,200 Nomura Company Limited 45,120 0.01
1,600 Noritz Corp. 20,502 0.00
15,100 North Pacific Bank Limited 28,827 0.00
3,400 NS Solutions Corp. 92,040 0.02
11,000 NSD Company Limited 175,558 0.03
8,400 NSK Limited 47,339 0.01
45,300 NTN Corp. 83,021 0.01
114 NTT UD REIT Investment Corp. 135,107 0.02
1,900 Obara Group Inc. 50,201 0.01
1,400 Obic Business Consultants Limited 51,850 0.01
1,800 Ogaki Kyoritsu Bank Limited 26,570 0.00
2,400 Ohsho Food Service Corp. 111,978 0.02
2,880 Oiles Corp. 37,145 0.01
1,900 Oisix Ra Daichi Inc. 44,905 0.01
5,200 Okamura Corp. 51,065 0.01
8,000 Okasan Securities Group Inc. 23,275 0.00
8,300 Oki Electric Industry Company Limited 57,296 0.01
2,922 Okinawa Electric Power Company 32,466 0.01
900 Okinawa Financial Group Inc. 15,189 0.00
1,400 Okuma Corp. 54,737 0.01
4,000 Okumura Corp. 98,508 0.02
6,000 Onward Holdings Company Limited 13,699 0.00
4,400 Optex Group Company Limited 55,204 0.01
67,200 Orient Corp. 64,145 0.01
8,400 Osg Corp. 114,562 0.02
12,400 Outsourcing Inc. 146,769 0.02
2,700 Paltac Corp. 97,626 0.02
2,800 Paramount Bed Holdings Company Limited 41,715 0.01
8,700 Park24 Company Limited 104,702 0.02
34,000 Penta-Ocean Construction Company Limited 168,761 0.03
2,200 Peptidream Inc. 42,755 0.01
2,700 Pigeon Corp. 45,318 0.01
4,000 Pilot Corp. 134,397 0.02
4,300 Piolax Inc. 57,726 0.01
3,200 Pksha Technology Inc. 61,383 0.01
2,200 Plaid Inc. 35,867 0.01
1,600 Plus Alpha Consulting Company Limited 38,853 0.01
600 Premier Anti-Aging Company Limited 42,381 0.01
7,500 Prestige International Inc. 38,258 0.01
168
(expressed in EUR)

4,000 Prima Meat Packers Limited 75,874 0.01
8,400 Raito Kogyo Company Limited 127,070 0.02
3,000 Raksul Inc. 130,122 0.02
8,000 Rakus Company Limited 189,379 0.03
9,100 Relo Group Inc. 144,470 0.02
16,300 Rengo Company Limited 108,290 0.02
3,400 Renova Inc. 54,056 0.01
5,300 Resorttrust Inc. 76,047 0.01
8,300 Rohto Pharmaceutical Company Limited 220,249 0.04
13,700 Round One Corp. 142,697 0.02
4,300 Royal Holdings Company 62,323 0.01
2,300 Ryosan Company Limited 39,922 0.01
1,300 S Foods Inc. 34,546 0.01
2,900 Saizeriya Company Limited 66,546 0.01
2,200 Sakai Moving Service Company Limited 72,743 0.01
8,400 Sakata Inx Corp. 63,760 0.01
3,400 Sakata Seed Corp. 85,289 0.01
1,400 San-A Company Limited 44,687 0.01
8,600 San-Ai Oil Company 87,672 0.01
3,200 SanBio Company 24,607 0.00
4,200 Sangetsu Company Limited 52,053 0.01
14,700 San-In Godo Bank Limited 72,740 0.01
1,200 Sanken Electric Company Limited 57,822 0.01
5,200 Sankyo Company Limited 118,371 0.02
4,500 Sankyu Inc. 163,912 0.03
6,200 Sanrio Company Limited 118,315 0.02
6,800 Sansan Inc. 130,180 0.02
19,600 Sanwa Holdings Corp. 183,646 0.03
2,400 Sanyo Chemical Industries Limited 97,866 0.02
1,500 Sanyo Denki Company Limited 69,070 0.01
3,400 Sapporo Holdings Limited 56,678 0.01
3,500 Sato Holdings Corp. 58,826 0.01
4,100 Sawai Group Holdings Company Limited 137,602 0.02
3,300 Screen Holdings Company Limited 311,720 0.05
13,400 Sega Sammy Holdings Inc. 184,903 0.03
9,700 Seibu Holdings Inc. 79,701 0.01
5,800 Seikagaku Corp. 41,677 0.01
3,200 Seiko Holdings Corp. 54,810 0.01
13,800 Seino Holdings Corp. 122,768 0.02
6,000 Seiren Company Limited 115,323 0.02
343 Sekisui House REIT Inc. 224,469 0.04
3,000 Sekisui Jushi Corp. 47,902 0.01
15,900 Senko Group Holdings Company Limited 112,553 0.02
3,900 Seria Company Limited 99,321 0.02
1,800 Shibaura Machine Coompany Limited 51,682 0.01
2,800 Shibuya Corp. 63,931 0.01
1,300 SHIFT Inc. 236,861 0.04
2,000 Shiga Bank Limited 31,599 0.01
169
(expressed in EUR)

4,800 Shikoku Chemicals Corp. 51,719 0.01
17,400 Shikoku Electric Power Company Inc. 107,625 0.02
1,700 Shima Seiki Manufacturing Limited 25,639 0.00
4,300 Shinko Electric Industries Company Limited 180,269 0.03
6,000 Shinmaywa Industries Limited 40,090 0.01
6,400 Ship Healthcare Holdings Inc 130,977 0.02
4,000 Sho-Bond Holdings Company Limited 157,918 0.03
800 Shochiku Company Limited 73,369 0.01
12,200 Showa Denko KK 224,987 0.04
4,800 Siix Corp. 51,902 0.01
9,600 Sky Perfect Jsat Holdings Inc. 30,789 0.01
19,100 Skylark Company Limited 220,382 0.04
6,800 SMS Company Limited 235,227 0.04
8,700 Sodick Company Limited 54,411 0.01
21,760 Sojitz Corp. 287,133 0.05
7,100 Sosei Group Corp. 103,230 0.02
7,800 Sotetsu Holdings Inc. 125,439 0.02
5,700 Star Micronics Company Limited 67,423 0.01
4,400 Starts Corp. Inc. 84,368 0.01
3,900 Sugi Holdings Company Limited 207,576 0.04
2,400 Sumitomo Bakelite Company Limited 106,846 0.02
10,800 Sumitomo Forestry Company Limited 183,582 0.03
3,300 Sumitomo Heavy Industries Limited 70,282 0.01
22,720 Sumitomo Mitsui Construction Company Limited 74,256 0.01
4,200 Sumitomo Osaka Cement Company Limited 113,375 0.02
4,000 Sumitomo Warehouse Company Limited 59,319 0.02
18,600 Suruga Bank Limited 72,153 0.01
43,200 Systena Corp. 141,851 0.02
12,600 Tadano Limited 106,608 0.02
8,800 Taiheiyo Cement Corp. 152,743 0.03
2,200 Taikisha Limited 52,583 0.01
2,800 Taiyo Holdings Company Limited 74,408 0.01
9,700 Taiyo Yuden Company Limited 490,355 0.08
5,000 Takara Bio Inc. 100,951 0.02
12,700 Takara Holdings Inc. 118,413 0.02
2,500 Takara Standard Company Limited 26,975 0.00
5,600 Takasago Thermal Engineering Company Limited 81,079 0.01
16,700 Takashimaya Company Limited 136,452 0.02
5,100 Takeuchi Manufacturing Company Limited 106,281 0.02
4,000 Takuma Company Limited 43,527 0.01
5,400 TBS Holdings Inc. 68,823 0.01
3,200 Techmatrix Corp. 46,575 0.01
9,600 Technopro Holdings Inc. 255,845 0.04
13,700 Teijin Limited 148,033 0.03
4,100 T-Gaia Corp. 51,847 0.01
2,400 THK Company Limited 50,821 0.01
5,400 TKC Corp. 142,470 0.02
6,500 Toagosei Company Limited 57,379 0.01
170
(expressed in EUR)

8,600 Tocalo Company 96,866 0.02
26,000 Toda Corp. 144,539 0.02
1,100 Toei Company Limited 147,334 0.02
16,000 Toho Bank Limited 25,902 0.00
2,600 Toho Holdings Company Limited 34,844 0.01
35,400 Tohoku Electric Power Company Inc. 220,584 0.04
17,300 Tokai Carbon Company Limited 159,586 0.03
10,600 Tokai Holdings Corp. 70,341 0.01
2,800 Tokai Rika Company Limited 33,099 0.01
25,100 Tokai Tokyo Financial Holdings Inc. 75,710 0.01
1,100 Token Corp. 79,379 0.01
6,700 Tokuyama Corp. 93,526 0.02
2,200 Tokyo Ohka Kogyo Company Limited 114,238 0.02
3,100 Tokyo Seimitsu Company Limited 120,729 0.02
5,600 Tokyo Steel Manufacturing Company Limited 58,885 0.01
17,600 Tokyo Tatemono Company Limited 225,789 0.04
2,200 Tokyotokeiba Company Limited 71,651 0.01
10,200 Tokyu Construction Company 51,875 0.01
47,100 Tokyu Fudosan Holdings Corp. 231,266 0.04
98 Tokyu REIT Inc. 148,174 0.03
12,800 Tomony Holdings Inc. 30,985 0.01
7,600 Tomy Company limited 63,781 0.01
10,700 Topcon Corp. 135,553 0.02
3,900 Topre Corp. 35,470 0.01
6,600 Toridoll Holdings Corp. 125,293 0.02
1,200 Tosho Company Limited 15,239 0.00
1,600 Totetsu Kogyo Company Limited 30,631 0.01
2,700 Towa Pharmaceutical Company Limited 59,050 0.01
2,200 Toyo INK MFG Company Limited 32,340 0.01
7,900 Toyo Seikan Kaisha Limited 82,828 0.01
10,200 Toyo Tire & Rubber Company Limited 139,734 0.02
9,800 Toyobo Company Limited 93,993 0.02
5,600 Toyota Boshoku Corp. 96,473 0.02
4,200 TPR Company Limited 45,735 0.01
2,300 Transcosmos Inc. 57,608 0.01
1,800 Tri Chemical Laboratories Inc. 50,101 0.01
2,800 Trusco Nakayama Corp. 58,393 0.01
10,200 TS Tech Company Limited 110,136 0.02
4,200 Tsubaki Nakashima Company 47,114 0.01
1,400 Tsubakimoto Chain Company 33,783 0.01
9,000 Tsugami Corp. 120,752 0.02
4,200 Tsumura & Company 105,037 0.02
1,100 UACJ Corp. 22,335 0.00
11,800 Ube Industries Limited 180,035 0.03
3,000 Ulvac Inc. 164,943 0.03
1,100 United Arrows Limited 15,380 0.00
89 United Urban Investment Corp. 91,886 0.02
2,100 Universal Entertainment Corp. 39,144 0.01
171
(expressed in EUR)

1,800 Usen-Next Holdings Company Limited 41,305 0.01
5,800 Ushio Inc. 84,594 0.01
3,300 UT Group Company 108,988 0.02
2,400 Valor Holdings Company Limited 39,330 0.01
2,500 Wacoal Holdings Corp. 40,759 0.01
16,600 Wacom Company Limited 116,114 0.02
2,000 Wealthnavi Inc. 31,202 0.01
2,400 West Holdings Corp. 105,014 0.02
1,400 Xebio Holdings Company Limited 9,857 0.00
15,500 Yamada Denki Company Limited 46,516 0.01
23,600 Yamaguchi Financial Group Inc. 121,285 0.02
5,400 Ya-Man Limited 39,669 0.01
4,400 Yamato Kogyo Company Limited 125,158 0.02
10,700 Yamazen Corp. 87,918 0.01
1,700 Yaoko Company Limited 90,742 0.02
4,100 Yodogawa Steel Works Limited 79,681 0.01
5,000 Yokogawa Bridge Holdings Corp. 83,846 0.01
9,600 Yokohama Rubber Company Limited 135,107 0.02
4,900 Yoshinoya D&C Company Limited 86,846 0.01
1,300 Yuasa Trading Company Limited 29,573 0.01
4,700 Zenkoku Hosho Company Limited 179,811 0.03
5,400 Zenrin Company Limited 40,947 0.01
9,900 Zensho Holdings Company Limited 204,420 0.03
15,900 Zeon Corp. 161,120 0.03
2,100 Zeria Pharmaceutical Company Limited 31,527 0.01
58,461,169 9.93
NOK Equities
2,364 Aker ASA 194,483 0.03
27,623 Aker Solutions Holding ASA 64,401 0.01
5,085 Atea ASA 83,160 0.01
9,852 Atlantic Sapphire ASA 41,508 0.01
9,558 Austevoll Seafood ASA 101,412 0.02
3,650 Bakkafrost P/F 212,416 0.04
9,470 Borregaard ASA 209,644 0.04
3,950 BW LPG Limited 19,714 0.00
38,357 DNO ASA 39,990 0.01
20,043 Elkem ASA 59,601 0.01
14,676 Entra ASA 290,208 0.05
10,187 Fjordkraft Holding ASA 48,415 0.01
5,771 Flex Lng Limited 113,370 0.02
12,001 Frontline Limited 75,155 0.01
13,380 Golden Ocean Group Limited 106,139 0.02
18,231 Kahoot! ASA 84,718 0.01
8,377 Kongsberg Gruppen ASA 238,910 0.04
24,233 Leroy Seafood Group ASA 166,642 0.03
24,830 Mpc Container Ships AS 60,787 0.01
143,286 NEL ASA 217,327 0.03
14,794 Nordic Semiconductor ASA 439,034 0.07
172
(expressed in EUR)
NOK Equities (continued)

58,401 Norwegian Air Shuttle AS 62,605 0.01
4,943 Nykode Therapeutics AS 39,778 0.01
8,495 Pexip Holding ASA 34,732 0.01
9,990 Protector Forsikring ASA 107,988 0.02
17,250 Quantafuel ASA 55,561 0.01
4,355 Salmar ASA 264,041 0.04
11,562 Sbanken ASA 108,032 0.02
11,249 Scatec Solar ASA 171,346 0.03
12,928 Sparebank 1 192,087 0.03
13,411 SpareBank 1 Nord Norge 150,584 0.03
16,372 SpareBank 1 SR-Bank ASA 217,463 0.04
34,384 Storebrand ASA 303,513 0.05
16,673 Subsea 7 SA 105,045 0.02
7,495 TGS ASA 63,215 0.01
9,555 Tomra Systems ASA 601,229 0.10
10,911 Veidekke ASA 144,056 0.02
8,622 Wallenius Wilhelmsen ASA 43,505 0.01
5,531,814 0.94
NZD Equities
31,227 A2 Milk Company Limited 111,485 0.02
62,103 Air New Zealand Limited 56,457 0.01
51,387 Chorus Limited 221,822 0.04
61,080 Contact Energy Limited 297,862 0.05
82,552 Fletcher Building Limited 364,303 0.06
60,000 Genesis Energy Limited 103,312 0.02
117,282 Goodman Property Trust 182,173 0.03
48,506 Infratil Limited 233,624 0.04
127,677 Kiwi Property Group Limited 91,857 0.02
61,113 Oceania Healthcare Limited 49,303 0.01
120,379 Precinct Properties New Zealand Limited 121,032 0.02
49,078 Sky City Entertainment Group Limited 92,188 0.02
25,046 Summerset Group Holdings Limited 206,280 0.03
19,312 Z Energy Limited 41,275 0.01
2,172,973 0.38
SEK Equities
15,228 Aak AB 288,851 0.05
20,516 AddTech AB 430,403 0.07
7,794 AFRY AB 193,032 0.03
3,559 Alimak Group AB 39,544 0.01
18,796 Arjo AB 202,271 0.04
3,506 Atrium Ljungberg AB 68,002 0.01
6,397 Attendo AB 23,920 0.00
11,315 Avanza Bank Holding AB 365,076 0.06
8,322 Axfood AB 210,474 0.04
20,662 Beijer Ref Ab 397,143 0.07
15,484 Betsson AB 82,187 0.01
3,265 Better Collective AS 62,471 0.01
173
(expressed in EUR)

11,090 Bhg Group AB 102,810 0.02
3,399 Bico Group AB 91,709 0.02
7,114 Bilia AB 110,689 0.02
17,529 Billerudkorsnas AB 290,616 0.04
1,340 Biogaia AB 67,416 0.01
5,912 Biotage AB 150,440 0.03
8,883 Bonava AB 67,511 0.01
4,252 Boozt AB 75,905 0.01
16,957 Bravida Holding AB 209,161 0.04
3,798 Bure Equity AB 161,642 0.03
3,882 Camurus AB 56,857 0.01
22,703 Castellum AB 537,583 0.10
1,631 Catena AB 89,343 0.02
7,331 Cint Group AB 102,780 0.02
3,800 Clas Ohlson AB 50,674 0.01
30,742 Cloetta AB 78,228 0.01
13,773 Coor Service Management Holding AB 110,561 0.02
60,875 Corem Property Group AB 193,042 0.03
4,793 Creades AB 68,501 0.01
6,913 Dios Fastigheter AB 79,765 0.01
21,434 Dometic Group AB 247,626 0.04
23,186 Electrolux Professional AB 141,309 0.02
29,557 Elekta AB 328,840 0.06
21,664 Fabege AB 318,876 0.05
24,494 Fingerprint Cards AB 49,197 0.01
5,153 Fortnox AB 292,782 0.04
2,137 Garo AB 44,832 0.00
14,575 Granges AB 150,194 0.03
4,299 Hansa Biopharma AB 37,077 0.01
1,389 Hexatronic Group AB 67,993 0.01
23,737 Hexpol AB 279,650 0.04
6,867 Holmen AB 289,925 0.04
8,303 Hufvudstaden AB 109,029 0.02
20,208 Humble Group AB 54,955 0.01
19,941 Indutrade AB 536,870 0.09
6,018 Instalco AB 253,905 0.04
7,450 Intrum Justitia AB 168,883 0.03
2,961 Invisio AB 47,107 0.01
5,292 Inwido AB 96,218 0.02
5,252 JM AB 208,426 0.04
1,720 Kambi Group plc 43,133 0.01
5,354 K-Fast Holding AB 45,240 0.01
20,964 Kindred Group plc 219,290 0.04
10,661 LeoVegas AB 36,282 0.01
1,352 Lime Technologies AB Lime 45,198 0.01
7,767 Lindab International AB 242,453 0.04
6,675 Loomis AB 156,047 0.03
2,695 Mekonomen AB 41,121 0.01
174
(expressed in EUR)

8,032 Millicom International Cellular SA 200,721 0.03
3,001 MIPS AB 345,976 0.06
7,061 Modern Times Group AB 63,368 0.01
6,885 Mycronic AB 141,096 0.02
7,653 NCC AB 124,650 0.02
3,482 New Wave Group AB 56,748 0.01
6,101 Nobia AB 32,294 0.01
17,497 Nobina AB 181,834 0.03
13,440 Nolato AB 140,848 0.02
6,402 Nordic Entertainment Group AB - B 291,745 0.04
10,274 Nordnet AB 173,228 0.03
15,468 Nyfosa AB 234,362 0.04
9,347 Pandox AB 132,542 0.02
4,668 Paradox Interactive Ab 80,928 0.01
16,829 Peab AB 186,661 0.03
2,871 PowerCell Sweden AB 51,614 0.01
26,053 Ratos AB 146,636 0.02
1,954 Re:newcell AB 41,676 0.01
16,870 Resurs Holding AB 62,295 0.01
7,725 Saab AB 172,791 0.03
77,395 Samhallsbyggnadsbolaget i Norden AB 499,275 0.09
343,853 SAS AB 42,597 0.01
20,256 Scandic Hotels Group AB 71,789 0.01
4,485 Sectra AB - B 87,208 0.01
5,625 Sedana Medical AB 53,567 0.01
3,302 Skistar AB 54,519 0.00
46,271 SSAB AB 204,974 0.03
13,104 SSAB AB - A 66,741 0.01
24,350 Stillfront Group AB 114,229 0.02
7,466 Storytel AB 119,719 0.02
1,598 Surgical Science Sweden AB 43,690 0.01
18,476 Sweco AB 305,419 0.05
9,447 Thule Group AB 502,809 0.08
8,604 Tobii AB 30,685 0.01
8,604 Tobii Dynavox AB 26,917 0.00
17,575 Trelleborg AB 405,916 0.07
14,847 Vestum AB 74,653 0.01
885 Vitec Software Group AB 47,877 0.01
4,875 Vitrolife AB 265,150 0.04
2,244 Volati AB 49,365 0.01
13,292 Wallenstam AB 216,884 0.04
12,288 Wihlborgs Fastigheter AB 245,138 0.04
1,595 Xvivo Perfusion AB 43,143 0.01
16,045,342 2.69
SGD Equities
95,314 Ara Logos Logistics Trust 55,953 0.01
131,000 Ascendas India Trust 121,335 0.02
145,400 Ascott Residence Trust 97,685 0.02
175
(expressed in EUR)
SGD Equities (continued)

47,300 Best World International Limited * 17,658 0.00
54,445 CapitaLand China Trust 42,260 0.01
55,200 CDL Hospitality Trusts 42,126 0.01
164,900 Comfortdelgro Corp. Limited 150,582 0.03
79,000 Cosco Shipping International Singapore Company Limited 13,140 0.00
165,079 ESR REIT 51,684 0.01
218,835 Far East Hospitality Trust 84,216 0.01
59,200 First Resources Limited 58,307 0.01
100,809 Frasers Centrepoint Trust 151,892 0.03
213,057 Frasers Logistics & Industrial Trust 211,234 0.04
33,500 Frencken Group Limited 43,046 0.01
497,600 Golden Agri-Resources Limited 79,519 0.01
8,600 iFAST Corp. Limited 47,120 0.01
119,450 Keppel DC REIT 192,446 0.03
393,545 Keppel Infrastructure Trust 139,899 0.02
212,711 Keppel REIT 156,781 0.03
132,000 Lendlease Global Commercial REIT 77,059 0.01
157,500 Mapletree Greater China Company 114,032 0.02
140,385 Mapletree Industrial Trust 248,150 0.04
318,100 NetLink NBN Trust 207,486 0.04
227,600 OUE Commercial Real Estate Investment Trust 65,321 0.01
28,000 Parkway Life Real Estate Investment Trust 93,692 0.02
48,534 Raffles Medical Group Limited 43,370 0.01
53,200 SATS Limited 134,985 0.02
116,800 Sembcorp Industries Limited 152,369 0.03
2,569,510 Sembcorp Marine Limited 137,432 0.02
110,900 Sheng Siong Group Limited 105,611 0.02
177,700 Singapore Post Limited 75,340 0.01
127,000 Singapore Press Holdings Limited 193,012 0.03
90,600 Sph REIT 59,095 0.01
91,000 Starhill Global REIT 38,878 0.01
154,900 Suntec Real Estate Investment Trust 152,564 0.03
191,800 Yangzijiang Shipbuilding Holdings Limited 167,640 0.03
153,100 Yanlord Land Group Limited 110,847 0.02
3,933,766 0.69
USD Equities
1,952 1-800-Flowers.com Inc. 40,115 0.01
4,449 1Life Healthcare Inc. 68,738 0.01
2,247 1st Source Corp. 98,005 0.02
6,116 23andme Holding Company 35,818 0.01
1,810 2seventy Bio Inc. 40,793 0.01
6,854 2U Inc. 120,963 0.02
10,798 3D Systems Corp. 204,528 0.03
8,545 8x8 Inc. 125,936 0.02
14,464 A10 Networks Inc. 210,880 0.04
2,853 Aaon Inc. 199,273 0.03
6,752 Aar Corp. 231,736 0.04
2,731 Aaron’s Company Inc. 59,197 0.01
*
Stale price. The accompanying notes form an integral part of these financial statements.
176
(expressed in EUR)

3,216 Abercrombie & Fitch Company 98,499 0.02
5,669 ABM Industries Inc. 203,639 0.03
4,570 Academy Sports & Outdoors Inc. 176,418 0.03
5,802 Acadia Healthcare Company 309,692 0.05
9,603 Acadia Pharmaceuticals Inc. 197,093 0.03
7,264 Acadia Realty Trust 139,442 0.02
2,022 Accelerate Diagnostics Inc. 9,281 0.00
6,560 Acco Brands Corp. 47,648 0.01
2,221 Accolade Inc. 51,482 0.01
9,809 Aci Worldwide Inc. 299,307 0.05
1,190 ACM Research Inc. - A 89,229 0.02
3,130 Acuity Brands Inc. 582,733 0.09
3,502 Acushnet Holdings Corp. 163,460 0.03
3,137 Adapthealth Corp. 67,474 0.01
7,627 Adaptive Biotechnologies Corp. 188,193 0.03
2,375 Addus HomeCare Corp. 195,292 0.03
7,068 Adient plc 297,587 0.05
21,683 ADT Inc. 160,353 0.02
4,869 Adtalem Global Education Inc. 126,563 0.02
2,559 Adtran Inc. 51,374 0.01
4,379 Advanced Drainage Systems 524,195 0.10
2,637 Advanced Energy Industries Inc. 211,155 0.04
2,683 AdvanSix Inc. 111,477 0.02
10,153 Aecom 690,585 0.12
10,260 AerCap Holdings NV 590,229 0.09
3,193 Aerie Pharmaceuticals Inc. 19,711 0.00
2,714 Aerovironment Inc. 148,039 0.03
3,031 Affiliated Managers Group 438,472 0.07
4,400 Agco Corp. 448,898 0.07
16,266 Agenus Inc. 46,057 0.01
2,414 Agiliti Inc. 49,163 0.01
4,491 Agilysys Inc. 175,580 0.03
6,169 Agios Pharmaceuticals Inc. 178,311 0.03
3,927 Agree Realty Corp. 246,422 0.04
8,457 Air Lease Corp. 328,925 0.06
15,655 Akebia Therapeutics Inc. 31,112 0.01
1,065 Alamo Group Inc. 137,836 0.02
3,870 Alarm.com Holdings Inc. 288,617 0.05
3,370 Alaska Air Group Inc. 154,395 0.03
2,410 Albany International Corp. 187,447 0.03
14,438 Alcoa Corp. 756,433 0.13
3,974 Alector Inc. 72,162 0.01
4,719 Alexander & Baldwin Inc. 104,115 0.02
198 Alexander’s Inc. 45,321 0.01
2,657 Alignment Healthcare Inc. 32,850 0.01
2,123 Alkami Technology Inc. 37,449 0.01
12,181 Alkermes plc 249,147 0.04
2,495 Allakos Inc. 21,479 0.00
177
(expressed in EUR)

10,715 Allegheny Technologies Inc. 150,097 0.03
815 Allegiance Bancshares Inc. 30,251 0.01
751 Allegiant Travel Company 123,520 0.02
4,140 Allete Inc. 241,549 0.04
4,407 Alliance Data Systems Corp. 257,979 0.04
9,244 Allison Transmission Holdings Inc. 295,480 0.05
4,364 Allogene Therapeutics Inc. 57,255 0.01
14,481 Allscripts Healthcare Solutions 234,941 0.04
1,404 Alpha Metallurgical Resource 75,373 0.02
5,462 Alphatec Holdings Inc. 54,899 0.01
2,835 Altair Engineering Inc. 192,756 0.03
4,659 Alteryx Inc. - A 247,863 0.04
8,610 Altice USA Inc. - A 122,502 0.02
6,408 Altra Industrial Motion Corp. 290,591 0.05
3,277 Ambac Financial Group Inc. 46,250 0.01
3,305 Ambarella Inc. 589,651 0.10
2,206 AMC Networks Inc. - A 66,809 0.01
2,573 Amedisys Inc. 366,266 0.06
1,834 Ameresco Inc. - A 131,341 0.02
10,664 American Airlines 168,419 0.03
3,690 American Assets Trust Inc. 121,778 0.02
10,841 American Axle & Manufacturing Inc. 88,943 0.02
9,884 American Campus Communities 497,937 0.08
13,047 American Eagle Outfitters Inc. 290,494 0.05
6,079 American Equity Investment Life Holding Company 208,050 0.04
9,898 American Finance Trust Inc. 79,466 0.01
21,229 American Homes 4 Rent - A 814,102 0.13
771 American National Group Inc. 128,030 0.02
1,012 American Public Education Inc. 19,800 0.00
2,209 American Software Inc. 50,835 0.01
2,913 American States Water Company 264,968 0.04
1,541 American Vanguard Corp. 22,210 0.00
6,471 American Well Corp. 34,369 0.01
1,001 American Woodmark Corp. 57,391 0.01
1,214 America’s Car-Mart 109,316 0.02
19,585 Americold Realty Trust 564,713 0.10
5,416 Ameris Bancorp 236,605 0.04
1,805 Amerisafe Inc. 85,441 0.01
19,898 Amicus Therapeutics Inc. 202,095 0.03
5,566 Amkor Technology Inc. 121,334 0.02
10,471 Ammo Inc. 50,182 0.01
3,235 Amn Healthcare Services Inc. 347,993 0.06
5,452 Amneal Pharmaceuticals Inc. 22,964 0.00
5,584 Amphastar Pharmaceuticals Inc. 114,361 0.02
16,132 Amyris Inc. 76,745 0.01
9,145 Anaplan Inc. 368,711 0.05
2,180 Anaptysbio Inc. 66,615 0.01
3,079 Anavex Life Sciences Corp. 46,949 0.01
178
(expressed in EUR)

2,936 Andersons Inc. 99,941 0.02
5,797 Angi Inc. 46,949 0.01
2,188 Anika Therapeutics Inc. 68,938 0.01
8,664 Antares Pharma Inc. 27,199 0.00
2,276 Anterix Inc. 117,603 0.02
21,936 Antero Midstream Corp. 186,722 0.03
23,505 Antero Resources Corp. 361,711 0.06
29,797 Apa Corp. 704,574 0.11
11,318 Apartment Income REIT Corp. 544,104 0.09
11,318 Apartment Investment and Management Company 76,833 0.01
6,161 Apellis Pharmaceuticals Inc. 256,149 0.04
6,846 Api Group Corp. 155,137 0.03
1,657 Apogee Enterprises Inc. 70,159 0.01
11,365 Apollo Commercial Real Estate Finance Inc. 131,519 0.02
2,491 Apollo Medical Holdings Inc. 160,956 0.03
1,119 Appfolio Inc. 119,123 0.02
5,515 Appharvest Inc. 18,865 0.00
2,509 Appian Corp. 143,873 0.02
18,562 Apple Hospitality 263,609 0.04
2,523 Applied Industrial Technologies Inc. 227,851 0.04
886 Applied Therapeutics Inc. 6,973 0.00
5,054 Aptargroup Inc. 544,332 0.09
11,699 Arbor Realty Trust Inc. 188,468 0.03
1,330 ArcBest Corp. 140,169 0.02
1,253 Arch Resources Inc. 100,620 0.02
8,958 Archrock Inc. 58,922 0.01
7,656 Arconic Corp. 222,234 0.04
3,299 Arcosa Inc. 152,882 0.03
2,619 Arcturus Therapeutics Holdings Inc. 85,235 0.01
5,205 Arcus Biosciences Inc. 185,232 0.03
4,833 Arena Pharmaceuticals Inc. 394,987 0.07
6,430 Ares Commercial Real Estate Corp. 82,213 0.01
8,399 Ares Management Corp. 600,235 0.10
1,287 Argan Inc. 43,787 0.01
2,305 Argo Group International Holdings Limited 117,784 0.02
3,304 Armada Hoffler Properties Inc. 44,220 0.01
7,168 Armour Residential Inc. 61,834 0.01
3,695 Armstrong World Industries Inc. 377,298 0.06
6,693 Array Technologies Inc. 92,344 0.02
8,268 Arrowhead Pharmaceuticals Inc. 482,033 0.07
4,617 Artisan Partners Asset Management Inc. - A 193,417 0.03
3,872 Arvinas Inc. 279,675 0.05
1,716 Asbury Automotive Group Inc. 260,644 0.04
4,263 Asgn Inc. 462,587 0.08
4,502 Ashland Global Holdings Inc. 426,209 0.07
933 Aspen Aerogels Inc. 40,850 0.01
5,093 Aspen Technology Inc. 681,634 0.11
12,357 Associated Banc-Corp. 245,467 0.04
179
(expressed in EUR)

8,365 Assured Guaranty Limited 369,260 0.06
1,580 Astec Industries Inc. 96,242 0.02
5,506 Astra Space Inc. 33,553 0.01
8,073 Atara Biotherapeutics Inc. 111,880 0.02
3,787 Atkore International Group Inc. 370,275 0.06
5,985 Atlantic Union Bankshares Corp. 196,255 0.03
820 Atlanticus Holdings Corp. 51,427 0.01
1,052 Atlas Air Worldwide Holdings 87,069 0.02
943 Atn International Inc. 33,128 0.01
3,519 Atricure Inc. 215,157 0.04
196 Atrion Corp. 121,492 0.02
4,777 Autoliv Inc. 434,391 0.07
4,128 Autonation Inc. 424,162 0.07
4,498 Avanos Medical Inc. 137,131 0.02
7,608 Avaya Holdings Corp. 132,464 0.02
3,531 Avid Bioservices Inc. 90,604 0.02
2,392 Avid Technology Inc. 68,508 0.01
6,382 Avient Corp. 313,992 0.05
3,987 Avis Budget Group Inc. P.P. 144A 727,035 0.12
5,484 Avista Corp. 204,903 0.03
9,210 Avnet Inc. 333,915 0.06
16,217 Axalta Coating System Limited 472,307 0.08
4,592 Axcelis Technologies Inc. 301,072 0.05
6,803 Axis Capital Holdings Limited 325,852 0.06
3,449 Axogen Inc. 28,418 0.00
5,781 Axon Enterprise Inc. 798,116 0.13
3,811 Axonics Modulation Technologies Inc. 187,668 0.03
4,528 Axos Financial Inc. 222,617 0.04
2,529 Axsome Therapeutics Inc. 84,018 0.01
8,834 AZEK Company Inc. 359,202 0.06
6,778 Azenta Inc. 614,562 0.10
1,397 Azz Inc. 67,921 0.01
6,220 B&G Foods Inc. 168,080 0.03
2,699 B. Riley Financial Inc. 210,898 0.04
2,472 Badger Meter Inc. 231,636 0.04
2,496 Balchem Corp. 370,054 0.06
4,203 Bally’s Corp. 140,667 0.02
2,777 Banc of California Inc. 47,911 0.01
2,082 Bancfirst Corp. 129,182 0.02
7,396 Bancorp Inc. 164,608 0.03
1,962 Bandwidth Inc. - A 123,807 0.02
3,078 Bank of Hawaii Corp. 226,709 0.04
10,891 Bank OZK 445,619 0.08
7,139 Bankunited Inc. 265,609 0.04
2,299 Banner Corp. 122,652 0.02
3,905 Barnes Group Inc. 159,984 0.03
1,143 Barrett Business Services Inc. 69,412 0.01
4,628 Beacon Roofing Supply Inc. 233,394 0.04
180
(expressed in EUR)

2,879 Beam Therapeutics Inc. 201,748 0.03
4,263 Beauty Health Company 90,568 0.02
11,406 Bed Bath & Beyond Inc. 146,236 0.02
3,149 Belden Inc. 182,012 0.03
2,361 Benchmark Electronics Inc. 56,264 0.01
1,470 Benefitfocus Inc. 13,780 0.00
3,923 Berkshire Hills Bancorp Inc. 98,075 0.02
6,042 Berry Corp. 44,736 0.01
9,491 Berry Global Group Inc. 615,764 0.10
4,402 Beyond Meat Inc. 252,229 0.04
16,576 BGC Partners Inc. 67,779 0.01
2,476 Big Lots Inc. 98,086 0.02
2,850 Bigcommerce Holdings Inc. 88,643 0.02
14,865 BioCryst Pharmaceuticals Inc. 181,041 0.03
4,528 Biohaven Pharmaceutical Holding Company Limited 548,719 0.09
20,050 Bionano Genomics Inc. 52,717 0.01
1,501 Bj’s Restaurants Inc. 45,603 0.01
12,348 BJ’s Wholesale Club Holdings Inc. 727,177 0.12
4,469 Black Hills Corp. 277,328 0.05
3,969 Blackbaud Inc. 275,652 0.05
4,453 Blackline Inc. 405,438 0.07
9,699 Blackstone Mortgage Trust Inc. 261,153 0.04
4,084 Blink Charging Company 95,205 0.02
10,322 Bloom Energy Corp. - A 199,052 0.03
8,794 Bloomin’ Brands Inc. 162,239 0.03
4,589 Blucora Inc. 69,892 0.01
4,927 Blue Owl Capital Inc. 64,599 0.01
5,433 Bluebird Bio Inc. 47,727 0.01
4,804 Blueprint Medicines Corp. 452,477 0.08
3,781 Boise Cascade Company 236,728 0.03
2,415 Bok Financial Corp. 224,022 0.04
2,186 Boot Barn Holdings Inc. 236,535 0.04
504 Boston Beer Company Inc. - A 223,857 0.04
1,768 Boston Omaha Corp. 44,666 0.01
3,501 Bottomline Technologies Inc. 173,849 0.03
11,352 Box Inc. 261,439 0.04
6,797 Boyd Gaming Corp. 391,909 0.07
4,504 Brady Corp. 213,477 0.04
13,472 Brandywine Realty Trust 158,982 0.03
5,906 Bridgebio Pharma Inc. 86,627 0.01
2,466 Brigham Minerals Inc. 45,733 0.01
4,732 Bright Horizons Family Solutions Inc. 523,799 0.09
8,637 Brighthouse Financial Inc. 393,419 0.06
5,229 Brightsphere Investment Group Inc. 117,712 0.02
5,774 Brightspire Capital Inc. 52,094 0.01
2,129 BrightView Holdings Inc. 26,360 0.00
2,956 Brinker International Inc. 95,111 0.02
3,492 Brink’s Company 201,346 0.03
181
(expressed in EUR)

21,013 Brixmor Property Group Inc. 469,522 0.08
10,294 Broadmark Realty Capital Inc. 85,361 0.01
13,496 Brookdale Senior Living Inc. 61,238 0.01
6,647 Brookline Bancorp Inc. 94,631 0.02
3,749 Brp Group Inc. 119,044 0.02
8,939 Bruker Corp. 659,577 0.11
6,353 Brunswick Corp. 562,730 0.09
2,548 Bryn Mawr Bank Corp. 100,849 0.02
5,480 Btrs Holdings Inc. 37,683 0.01
3,866 Buckle Inc. 143,836 0.02
15,212 Builders Firstsource Inc. 1,146,519 0.20
3,777 Bumble Inc. 112,460 0.02
9,573 Butterfly Network Inc. 56,317 0.01
1,678 C3.Ai Inc. 46,111 0.01
4,488 Cabot Corp. 221,795 0.04
4,172 Cactus Inc. 139,886 0.02
10,940 Cadence Bank Cade 286,583 0.05
1,597 Caesarstone Limited 15,925 0.00
1,350 Calavo Growers Inc. 50,334 0.01
3,093 Caleres Inc. 61,686 0.01
3,098 California Resources 116,352 0.02
3,744 California Water Service Group 236,584 0.04
4,396 Calix Inc. 309,134 0.05
6,224 Callaway Golf Company 150,182 0.03
3,058 Callon Petroleum Company 127,058 0.02
2,292 Cal-Maine Foods Inc. 74,552 0.01
1,187 Camden National Corp. 50,269 0.01
2,960 Camping World Holdings Inc. 105,157 0.02
6,286 Cannae Holdings Inc. 194,296 0.03
6,258 Cano Health Inc. 49,032 0.01
12,512 Canoo Inc. 84,939 0.01
6,074 Capitol Federal Financial Inc. 60,516 0.01
11,203 Capri Holdings Limited 639,454 0.11
7,643 Cara Therapeutics Inc. 81,860 0.01
2,539 Cardiovascular Systems Inc. 41,930 0.01
2,308 Cardlytics Inc. 134,133 0.02
4,883 CareDx Inc. 195,286 0.03
5,420 Caretrust REIT Inc. 108,810 0.02
7,524 Cargurus Inc. 222,571 0.04
4,491 Carlisle Companies Inc. 979,868 0.16
4,149 Carparts.com Inc. 40,862 0.01
4,224 Carpenter Technology Corp. 108,423 0.02
6,360 Cars.com Inc. 89,986 0.02
3,429 Carter’s Inc. 305,209 0.05
4,569 Casella Waste Systems Inc. 343,197 0.06
2,746 Casey’s General Stores Inc. 476,542 0.08
2,257 Cass Information Systems Inc. 78,038 0.01
2,278 Cassava Sciences Inc. 87,538 0.01
182
(expressed in EUR)

1,833 Castle Biosciences Inc. 69,100 0.01
7,563 Catalyst Pharmaceuticals Inc. 45,024 0.01
10,593 CatchMark Timber Trust Inc. 81,134 0.01
5,595 Cathay General Bancorp 211,510 0.04
1,065 Cavco Industries Inc. 297,483 0.05
2,198 CBIZ Inc. 75,612 0.01
9,801 CDK Global Inc. 359,738 0.06
2,829 Celldex Therapeutics Inc. 96,124 0.02
3,576 Cel-Sci Corp. 22,326 0.00
2,245 Celsius Holdings Inc. 147,212 0.02
14,912 Centennial Resource Development 78,415 0.01
1,443 Centerspace 140,722 0.02
4,148 Central Garden & Pet Company - A 174,536 0.03
687 Central Pacific Financial Corp. 17,018 0.00
3,654 Century Aluminum Company 53,210 0.01
2,210 Century Communities Inc. 158,948 0.03
3,526 Cerence Inc. 237,630 0.04
1,948 Cerevel Therapeutics Holdings Inc. 55,535 0.01
4,204 Certara Inc. 105,063 0.02
21,341 Cerus Corp. 127,798 0.02
3,043 Ceva Inc. 115,705 0.02
12,419 ChampionX Corp. 220,707 0.04
17,871 Change Healthcare Inc. 335,985 0.06
13,836 Chargepoint Holdings Inc. 231,776 0.04
2,886 Chart Industries Inc. 404,756 0.07
1,047 Chase Corp. 91,663 0.02
8,086 Chatham Lodging Trust 97,555 0.02
4,342 Cheesecake Factory 149,481 0.03
2,385 Chefs’ Warehouse Inc. 69,839 0.01
10,728 Chegg Inc. 289,614 0.04
1,328 Chemed Corp. 617,803 0.10
4,246 ChemoCentryx Inc. 135,945 0.02
12,861 Chemours Company 379,542 0.06
4,525 Chesapeake Energy Corp. 256,730 0.04
1,102 Chesapeake Utilities Corp. 141,297 0.02
1,086 Childrens Place Retail Stores Inc. 75,720 0.01
16,057 Chimera Investment Corp. 212,926 0.04
2,719 Choice Hotels International Inc. 372,966 0.06
3,031 Churchill Downs Inc. 642,074 0.11
11,989 Ciena Corp. 811,460 0.14
1,958 Cimpress plc 123,296 0.02
8,806 Cinemark Holdings Inc. 124,827 0.02
5,592 Cirrus Logic Inc. 452,494 0.08
7,341 CIT Group Inc. 331,417 0.06
600 Citi Trends Inc. 49,991 0.01
1,644 City Holding Company 118,240 0.02
3,266 Civitas Resources Inc. 140,640 0.02
13,818 Clean Energy Fuels Corp. 74,485 0.01
183
(expressed in EUR)

4,624 Clean Harbors Inc. 405,678 0.07
29,056 Clear Channel Outdoor Holdings Inc. 84,572 0.01
1,623 Clear Secure Inc. 44,771 0.01
821 Clearfield Inc. 60,947 0.01
1,096 Clearwater Paper Corp. 35,341 0.01
5,827 Clearway Energy Inc. 184,617 0.03
3,724 Clearway Energy Inc. 109,637 0.02
38,622 Cleveland-Cliffs Inc. 739,360 0.13
13,356 Clover Health Investments Corp. 43,690 0.01
9,237 Clovis Oncology Inc. 22,012 0.00
2,808 CMC Materials Inc. 473,325 0.08
13,744 CNO Financial Group Inc. 288,126 0.05
17,434 Cnx Resources Corp. 210,796 0.04
292 Coca-Cola Bottling Company Consolidated 158,990 0.03
5,615 Codexis Inc. 154,398 0.03
19,580 Coeur Mining Inc. 86,777 0.01
3,951 Cogent Communications Group Inc. 254,251 0.04
5,285 Cognyte Software Limited 72,824 0.01
1,524 Cohen & Steers Inc. 123,976 0.02
1,798 Coherent Inc. 421,420 0.07
6,791 Coherus Biosciences Inc. 95,308 0.02
5,375 Cohu Inc. 180,033 0.03
9,440 Colfax Corp. 381,601 0.07
3,598 Collegium Pharmaceutical Inc. 59,102 0.01
4,984 Columbia Banking System Inc. 143,402 0.02
5,902 Columbia Financial Inc. 108,262 0.02
2,431 Columbia Sportswear Company 208,298 0.04
3,146 Columbus McKinnon Corp. 127,976 0.02
9,632 Comerica Inc. 736,884 0.13
2,491 Comfort Systems Inc. 216,725 0.04
8,456 Commerce Bancshares Inc. 511,137 0.09
9,104 Commercial Metals Company 290,524 0.05
14,747 CommScope Holding Company Inc. 143,165 0.02
3,846 Community Bank System Inc. 251,891 0.04
4,748 Community Health Systems Inc. 55,571 0.01
2,876 Community Healthcare Trust Inc. 119,547 0.02
2,050 Community Trust Bancorp Inc. 78,615 0.01
4,042 Commvault Systems Inc. 244,965 0.04
3,213 Compass Minerals International Inc. 144,319 0.02
6,020 Compugen Limited 22,763 0.00
879 Computer Programs & Systems Inc. 22,647 0.00
8,113 Comstock Resources Inc. 57,716 0.01
1,735 Comtech Telecommunications Corp. 36,143 0.01
3,200 Concentrix Corp. 502,624 0.08
13,256 Conduent Inc. 62,247 0.01
1,871 Conmed Corp. 233,233 0.04
2,081 Connectone Bancorp Inc. 59,857 0.01
1,104 Consensus Cloud Solutions Inc. 56,181 0.01
184
(expressed in EUR)

2,316 Consol Energy Inc. 46,251 0.01
3,760 Consolidated Communications Inc. 24,732 0.00
3,349 Construction Partners Inc. 86,611 0.01
13,410 Contextlogic Inc. 36,674 0.01
8,053 Corcept Therapeutics Inc. 140,212 0.02
4,335 Core & Main Inc. 115,656 0.02
3,199 Core Laboratories NV 62,759 0.01
9,978 Corecivic Inc. 87,479 0.01
3,529 CorePoint Lodging Inc. 48,721 0.01
7,147 Cornerstone Building Brands Inc. 109,606 0.02
7,816 Corporate Office Properties Trust 192,238 0.03
2,423 Corsair Gaming Inc. 44,765 0.01
1,471 Cortexyme Inc. 16,324 0.00
784 Corvel Corp. 143,398 0.02
20,952 Coty Inc. 193,454 0.02
1,628 Couchbase Inc. 35,732 0.01
11,051 Cousins Properties Inc. 391,429 0.08
9,885 Covetrus Inc. 173,587 0.03
6,200 Cowen Inc. 196,817 0.03
1,589 Cracker Barrel Old Country Store Inc. 179,748 0.03
3,440 Crane Company 307,731 0.05
801 Credit Acceptance Corp. 484,375 0.08
3,159 Crescent Energy Inc. 35,223 0.01
2,154 Crinetics Pharmaceuticals Inc. 53,812 0.01
5,863 Crispr Therapeutics AG 390,695 0.07
5,612 Crocs Inc. 632,756 0.11
3,616 Cryolife Inc. 64,708 0.01
3,565 CryoPort Inc. 185,492 0.03
2,218 CSG Systems International 112,382 0.02
2,473 CSW Industrials Inc. 262,827 0.04
4,413 CTS Corp. 142,495 0.02
14,623 Cubesmart 731,793 0.11
1,493 Cue Biopharma Inc. 14,849 0.00
4,348 Cullen/frost Bankers Inc. 482,019 0.08
6,995 Curiositystream Inc. 36,476 0.01
5,242 Curis Inc. 21,942 0.00
3,941 Curtiss-Wright Corp. 480,565 0.08
6,133 Cushman & Wakefield plc 119,942 0.02
2,079 Customers Bancorp Inc. 119,508 0.02
1,328 Cutera Inc. 48,253 0.01
9,219 CVB Finance Corp. 173,566 0.03
3,510 CVR Energy Inc. 51,885 0.01
9,133 Cyrusone Inc. 720,553 0.12
6,757 Cytokinetics Inc. 270,827 0.05
10,142 Dana Inc. 203,518 0.03
4,920 Danimer Scientific Inc. 36,861 0.01
13,175 Darling International Inc. 802,758 0.14
3,522 Dave & Buster’s Entertainment Inc. 118,928 0.02
185
(expressed in EUR)

3,206 Deciphera Pharmaceuticals Inc. 27,544 0.00
2,273 Deckers Outdoor Corp. 732,169 0.12
6,591 Delek US Holdings Inc. 86,879 0.01
3,838 Deluxe Corp. 108,370 0.02
7,322 Denali Therapeutics Inc. 287,163 0.05
3,479 Denbury Inc. 234,309 0.04
3,478 Denny’s Corp. 48,934 0.01
6,372 Designer Brands Inc. 79,622 0.01
8,092 Desktop Metal Inc. - A 35,223 0.01
548 Diamond Hill Investment Group 93,597 0.02
18,275 Diamondrock Hospitality Company 154,434 0.03
4,781 Dick’s Sporting Goods Inc. 483,439 0.08
4,606 Diebold Inc. 36,655 0.01
7,226 Digital Turbine Inc. 387,543 0.07
33,728 Digitalbridge Group Inc. 247,058 0.04
1,458 Digitalocean Holdings Inc. 102,991 0.01
1,053 Dillard’s Inc. - A 226,878 0.04
955 Dine Brands Global Inc. 63,664 0.01
3,351 Diodes Inc. 323,578 0.05
17,392 Diversified Healthcare Trust 47,258 0.01
2,561 DMC Global Inc. 89,203 0.02
5,698 Dolby Laboratories Inc. - A 477,105 0.08
8,238 Doma Holdings Inc. 36,800 0.01
1,648 Domo Inc. 71,879 0.01
9,927 Donaldson Company Inc. 517,300 0.09
2,821 Dorman Products Inc. 280,339 0.05
3,003 Douglas Dynamics Inc. 103,146 0.02
4,727 Douglas Elliman Inc. 47,802 0.01
13,171 Douglas Emmett Inc. 387,996 0.07
3,832 Dril-Quip Inc. 66,315 0.01
7,548 Dt Midstream Inc-Wi Dtm Us 318,461 0.05
3,062 Duck Creek Technologies Inc. 81,074 0.01
2,991 Dun & Bradstreet Holdings Inc. 53,892 0.01
19,238 Dxc Technology Company 544,558 0.10
530 Dxp Enterprises Inc. 11,964 0.00
2,721 Dycom Industries Inc. 224,341 0.04
6,866 Dynavax Technologies Corp. 84,950 0.01
7,425 E2open Parent Holdings Inc. 73,519 0.01
2,891 Eagle Bancorp Inc. 148,312 0.03
2,460 Eagle Materials Inc. 360,088 0.06
713 Eagle Pharmaceuticals Inc. 31,926 0.01
11,447 East West Bancorp Inc. 791,990 0.14
4,968 Easterly Government Properties Inc. 100,129 0.02
13,164 Eastern Bankshares Inc. 233,484 0.04
2,591 Eastgroup Properties Inc. 519,134 0.09
1,322 Ebix Inc. 35,340 0.01
3,926 Echostar Corp. 90,969 0.02
4,469 Edgewell Personal Care Company 179,632 0.03
186
(expressed in EUR)

5,015 Editas Medicine Inc. 117,084 0.02
1,585 Ehealth Inc. 35,541 0.01
5,034 Elastic NV 544,878 0.08
18,739 Element Solutions Inc. 400,091 0.07
4,514 Emcor Group Inc. 505,662 0.09
3,546 Emergent Biosolutions Inc. 135,548 0.02
12,966 Empire State Realty Trust Inc. 101,475 0.02
1,976 Employers Holdings Inc. 71,902 0.01
1,458 Enanta Pharmaceuticals Inc. 95,875 0.02
7,888 Encompass Health Corp. 452,665 0.08
1,118 Encore Capital Group Inc. 61,061 0.01
1,408 Encore Wire Corp. 177,176 0.03
14,535 Endo International plc 48,058 0.01
4,615 Energizer Holdings Inc. 162,734 0.03
3,010 Energy Recovery Inc. 56,881 0.01
4,165 Enerpac Tool Group Corp. 74,276 0.01
3,590 Enersys 249,583 0.04
17,059 Enlink Midstream LLC 103,356 0.02
5,488 Ennis Inc. 94,250 0.02
2,095 Enova International Inc. 75,458 0.01
1,836 Enovix Corp. 44,043 0.01
1,229 Enpro Industries Inc. 118,955 0.02
4,380 Ensign Group Inc. 323,377 0.05
965 Enstar Group Limited 210,099 0.04
2,375 Enterprise Financial Services Corp. 98,346 0.02
4,128 Envestnet Inc. 288,002 0.05
11,917 Envista Holdings Corp. 472,195 0.08
6,420 Epizyme Inc. 14,114 0.00
2,946 EPlus Inc. 139,580 0.02
6,139 Epr Properties 256,367 0.04
23,821 EQT Corp. 456,855 0.07
32,425 Equitrans Midstream Corp. 294,825 0.05
8,991 Equity Commonwealth 204,772 0.03
1,796 Esco Technologies Inc. 142,123 0.02
7,655 Essent Group Limited 306,483 0.05
9,887 Essential Properties Realty Trust Inc. 250,653 0.04
1,469 Establishment Labs Holdings Inc. 87,311 0.01
1,632 Ethan Allen Interiors Inc. 37,729 0.01
4,278 Euronet Worldwide Inc. 448,302 0.08
7,863 Eventbrite Inc. - A 120,586 0.02
3,006 Everbridge Inc. 177,976 0.03
3,540 Evercore Partners Inc. 422,889 0.07
4,678 Everi Holdings 87,826 0.01
4,399 Evertec Inc. 193,336 0.03
5,137 Evo Payments Inc. - A 115,641 0.02
5,761 Evolent Health Inc. - A 140,175 0.02
9,181 Evoqua Water Technologies Corp. 377,429 0.06
6,699 EW Scripps Company - A 113,987 0.02
187
(expressed in EUR)

24,726 Exelixis Inc. 397,460 0.07
2,701 Exlservice Holdings Inc. 343,848 0.06
5,033 Exp World Holdings Inc. 149,105 0.03
3,816 Exponent Inc. 391,700 0.07
2,985 Expro Group Holdings NV 37,667 0.01
9,638 Extreme Networks 133,061 0.02
2,701 Fabrinet 281,382 0.05
10,790 Faraday Future Intelligent Electric Inc. 50,477 0.01
983 Faro Technologies Inc. 60,526 0.01
9,437 Fastly Inc. 294,180 0.05
5,805 Fate Therapeutics Inc. 298,673 0.05
1,028 Federal Agricultural Mortgage Corp. 112,030 0.02
5,490 Federal Realty Investment Trust 658,105 0.11
3,916 Federal Signal Corp. 149,243 0.03
6,635 Federated Investors Inc. 219,261 0.04
4,602 Ferro Corp. 88,341 0.01
6,196 Fibrogen 76,823 0.01
8,891 First American Financial Corp. 611,629 0.09
13,380 First Bancorp Inc. 162,132 0.03
3,256 First BancorpSouthern Pines NC 130,904 0.02
3,379 First Bancshares Inc. 114,753 0.02
3,737 First Busey Corp. 89,120 0.02
508 First Citizens BancShares Inc. 370,699 0.06
8,002 First Commonwealth Financial Corp. 113,219 0.02
7,511 First Financial Bancorp 161,025 0.03
8,290 First Financial Bankshares Inc. 370,615 0.06
10,143 First Hawaiian Inc. 243,764 0.04
46,968 First Horizon National Corp. 674,453 0.12
9,887 First Industrial Realty Trust Inc. 575,553 0.10
2,805 First Interstate Bancsystem - A 100,316 0.02
4,387 First Merchants Corp. 161,600 0.03
8,062 First Midwest Bancorp Inc. 145,190 0.02
7,420 First Solar Inc. 568,700 0.09
3,225 Firstcash Holdings Inc. 212,155 0.04
10,800 Fisker Inc. 149,389 0.02
4,314 Five Below Inc. 784,843 0.13
5,460 Five9 Inc. 659,310 0.10
3,189 Flagstar Bancorp Inc. 134,436 0.02
39,790 Flex Limited 641,356 0.11
8,136 Floor & Decor Holdings Inc. - A 930,144 0.16
17,208 Flowers Foods Inc. 415,673 0.07
10,272 Flowserve Corp. 276,401 0.05
1,905 Flushing Financial Corp. 40,707 0.01
23,425 FNB Corp. 249,864 0.04
2,276 Focus Financial Partners Inc. 119,524 0.02
7,141 Foot Locker Inc. 273,973 0.05
5,035 Forestar Group Inc. 96,299 0.02
7,321 Formfactor Inc. 294,334 0.05
188
(expressed in EUR)

1,538 Forrester Research Inc. 79,429 0.01
1,685 Forward Air Corp. 179,420 0.03
6,792 Four Corners Property Trust 175,653 0.03
3,109 Fox Factory Holding Corp. 465,038 0.08
1,030 Franklin BSP Realty Trust 13,532 0.00
4,458 Franklin Electric Company Inc. 370,690 0.06
5,800 Franklin Street Properties Corp. 30,346 0.01
3,598 Fresh del Monte Produce Inc. 87,324 0.01
3,472 Freshpet Inc. 290,870 0.05
6,615 Frontdoor Inc. 213,190 0.04
9,121 Frontier Communications 236,526 0.04
6,311 Frontier Group Holdings Inc. 75,308 0.02
2,781 Fti Consulting Inc. 375,186 0.06
4,758 Fubotv Inc. 64,935 0.01
24,764 FuelCell Energy Inc. 113,237 0.02
3,617 Fulcrum Therapeutics Inc. 56,265 0.01
1,142 Fulgent Genetics Inc. 101,015 0.02
12,653 Fulton Financial Corp. 189,150 0.03
1,432 G1 Therapeutics Inc. 12,857 0.00
5,107 Gamestop Corp. - A 666,398 0.11
16,700 Gaming & Leisure Properties Inc. 714,581 0.12
6,685 Gan Limited 54,023 0.01
10,594 Gannett Company Inc. 49,654 0.01
17,652 Gap Inc. 273,969 0.05
4,008 Gates Industrial Corp. plc 56,074 0.01
2,397 Gatx Corp. 219,613 0.04
6,365 GCP Applied Technologies Inc. 177,204 0.03
2,633 Generation Bio Company 16,393 0.00
1,084 Genesco Inc. 61,168 0.01
20,570 Gentex Corp. 630,377 0.11
2,391 Gentherm Inc. 182,710 0.03
34,068 Genworth Financial Inc. 121,329 0.02
10,303 Geo Group Inc. 70,215 0.01
1,957 German American Bancorp 67,080 0.01
52,603 Geron Corp. 56,433 0.01
3,834 Getty Realty Corp. 108,189 0.02
16,081 Gevo Inc. 60,523 0.01
2,560 Gibraltar Industries Inc. 150,106 0.03
4,733 G-III Apparel Group Limited 115,037 0.02
6,069 Glacier Bancorp Inc. 302,596 0.05
1,950 Gladstone Land Corp. 57,890 0.01
2,224 Glatfelter Corp. 33,638 0.01
3,096 Glaukos Corp. 120,987 0.02
4,271 Global Blood Therapeutics 109,930 0.02
3,890 Global Net Lease Inc. 52,268 0.01
32,798 Globalstar Inc. 33,456 0.01
6,428 Globus Medical Inc. 408,109 0.07
3,598 GMS Inc. 190,182 0.03
189
(expressed in EUR)

3,975 Gogo Inc. 47,293 0.01
4,261 Golden Nugget Online Gaming Gnog Us 37,282 0.01
25,642 Goodyear Tire & Rubber Company 480,731 0.08
1,635 Goosehead Insurance Inc. - A 187,021 0.03
14,038 Gopro Inc. 127,270 0.02
1,425 Gorman-Rupp Company 55,825 0.01
4,805 Gossamer Bio Inc. 47,788 0.01
13,187 Graco Inc. 934,871 0.15
8,160 GrafTech International Limited 84,886 0.01
365 Graham Holdings Company - B 202,153 0.03
3,557 Grand Canyon Education Inc. 268,089 0.05
3,828 Granite Construction Inc. 130,270 0.02
9,306 Granite Point Mortgage Trust 95,826 0.02
22,440 Graphic Packaging Holding Company 384,787 0.07
8,175 Gray Television Inc. 144,924 0.02
5,482 Great Lakes Dredge & Dock Corp. 75,780 0.01
4,771 Great Western Bancorp Inc. 142,476 0.02
3,974 Green Dot Corp. 126,642 0.02
3,169 Greenbrier Companies Inc. 127,880 0.02
2,932 Greif Inc. 155,650 0.03
1,492 Grid Dynamics Holdings Inc. 49,816 0.01
3,798 Griffon Corp. 95,117 0.02
4,217 Grocery Outlet Holding Corp. 104,869 0.02
1,379 Group 1 Automotive Inc. 236,729 0.04
2,024 Groupon Inc. 41,220 0.01
5,959 Guardant Health Inc. 524,111 0.08
2,810 Guess Inc. 58,513 0.01
6,753 Gxo Logistics Inc. 539,373 0.09
1,704 H&E Equipment Services Inc. 66,335 0.01
15,560 H&R Block Inc. 322,365 0.05
3,604 Haemonetics Corp. 168,094 0.03
7,887 Hain Celestial Group Inc. 295,520 0.05
10,702 Halozyme Therapeutics Inc. 378,410 0.06
1,599 Hamilton Lane Inc. 145,699 0.02
7,832 Hancock Holding Company 344,492 0.06
28,255 Hanesbrands Inc. 415,427 0.07
1,684 Hanger Orthopedic Group Inc. 26,847 0.00
6,480 Hannon Armstrong Sustainable Infrastructure Capital 302,689 0.05
3,254 Hanover Insurance Group 375,017 0.06
12,090 Harley-Davidson Inc. 400,697 0.07
5,872 Harmonic Inc. 60,723 0.01
1,585 Harmony Biosciences Holdings 59,431 0.01
5,600 Harsco Corp. 82,286 0.01
10,600 Hawaiian Electric Industries 386,827 0.07
4,379 Hb Fuller Company 311,906 0.05
449 Hci Group Inc. 32,984 0.01
1,961 Health Catalyst Inc. 68,321 0.01
10,415 Healthcare Realty Trust Inc. 289,774 0.05
190
(expressed in EUR)

5,540 Healthcare Services Group Inc. 86,666 0.02
17,885 Healthcare Trust of America Inc. 525,132 0.09
6,228 Healthequity Inc. 242,285 0.04
1,087 Healthstream Inc. 25,196 0.00
3,195 Heartland Express Inc. 47,256 0.01
2,605 Heartland Financial USA Inc. 115,933 0.02
38,766 Hecla Mining Company 177,945 0.03
1,872 Heidrick & Struggles International Inc. 71,986 0.01
2,117 Helen of Troy Limited 455,103 0.07
1,564 Helios Technologies Inc. 144,641 0.02
9,572 Helix Energy Solutions Group Inc. 26,262 0.00
8,484 Helmerich & Payne Inc. 176,812 0.03
8,844 Herbalife Limited 318,312 0.05
1,192 Herc Holdings Inc. 164,094 0.03
2,776 Heritage Financial Corp. 59,660 0.01
3,577 Heritage-Crystal Clean Inc. 100,717 0.02
10,159 Heron Therapeutics Inc. 81,561 0.01
1,125 Heska Corp. 180,532 0.03
4,354 Hess Midstream LP 105,787 0.02
6,508 Hexcel Corp. 296,443 0.05
2,813 Hibbett Sports Inc. 177,927 0.03
7,481 Highwoods Properties Inc. 293,333 0.05
6,400 Hillenbrand Inc. 292,592 0.05
5,351 Hilltop Holdings Inc. 165,348 0.03
8,315 Hilton Grand Vacations 381,019 0.06
6,911 Hims & Hers Health Inc. 39,806 0.01
4,681 Hni Corp. 173,089 0.03
4,197 Holley Inc. 47,941 0.01
12,228 Hollyfrontier Corp. 352,474 0.06
12,550 Home Bancshares Inc. 268,724 0.05
1,612 HomeStreet Inc. 73,711 0.01
4,531 Homology Medicines Inc. 14,503 0.00
9,594 Hope Bancorp Inc. 124,101 0.02
2,177 Horace Mann Educators Corp. 74,085 0.01
8,094 Hostess Brands Inc. 145,339 0.02
8,927 Houghton Mifflin Harcourt Company 126,385 0.02
4,046 Houlihan Lokey Inc. 368,310 0.06
3,409 Howard Hughes Corp. 305,107 0.05
1,739 Hub Group Inc. - A 128,819 0.02
4,280 Hubbell Inc. 783,850 0.12
11,307 Hudson Pacific Properties Inc. 245,688 0.04
5,187 Humacyte Inc. 33,069 0.01
17,071 Huntsman Corp. 523,599 0.09
1,258 Huron Consulting Group Inc. 55,201 0.01
452,900 Hutchison Port Holdings Trust 89,608 0.02
2,809 Hyatt Hotels Corp. - A 236,883 0.04
10,868 Hyliion Holdings Corp. 59,252 0.01
454 Hyster-Yale Materials Handling Inc. 16,408 0.00
191
(expressed in EUR)

6,680 Hyzon Motors Inc. 38,123 0.01
9,800 IAA Inc. 436,226 0.07
1,441 Icf International Inc. 129,946 0.02
1,431 Ichor Holdings Limited 57,922 0.01
1,546 Icu Medical Inc. 322,659 0.05
3,985 Idacorp Inc. 397,063 0.06
39,411 Ideanomics Inc. 41,587 0.01
2,252 Ideaya Biosciences Inc. 46,814 0.01
894 Idt Corp. 34,716 0.01
4,513 iHeartMedia Inc. 83,498 0.01
9,302 II-VI Inc. 558,921 0.09
4,063 Imax Corp. 63,739 0.01
23,371 Immunogen Inc. 152,491 0.03
1,292 Impinj Inc. 100,774 0.02
1,931 Inari Medical Inc. 154,979 0.03
9,798 Independence Realty Trust Inc. 222,549 0.04
4,320 Independent Bank Corp. 309,717 0.05
4,908 Independent Bank Group Inc. 311,390 0.05
3,725 Indie Semiconductor Inc. 39,274 0.01
5,316 Industrial Logistics Properties Trust 117,100 0.02
10,194 Infinera Corp. 85,966 0.01
3,023 Ingevity Corp. 190,599 0.03
3,135 Ingles Markets Inc. - A 238,020 0.04
5,490 Ingredion Inc. 466,543 0.07
1,856 Innospec Inc. 147,442 0.02
1,723 Innovative Industrial Properties Inc. 398,341 0.07
4,601 Innoviva Inc. 69,792 0.01
1,645 Inogen Inc. 49,182 0.01
10,356 Inovio Pharmaceuticals Inc. 45,442 0.01
4,359 Inseego Corp. 22,347 0.00
2,481 Insight Enterprises Inc. 232,566 0.04
8,458 Insmed Inc. 202,599 0.03
3,168 Insperity Inc. 329,030 0.06
2,138 Inspire Medical Systems Inc. 432,526 0.08
1,689 Installed Building Products Inc. 207,516 0.04
1,989 Intapp Inc. 44,006 0.01
2,887 Integer Holdings Corp. 217,287 0.04
5,189 Integra Lifesciences Holdings Corp. 305,673 0.05
5,603 Intellia Therapeutics Inc. 582,570 0.10
1,721 Inter Parfums Inc. 161,779 0.03
5,896 Interactive Brokers Group Inc. 411,766 0.07
2,029 Intercept Pharmaceuticals Inc. 29,065 0.00
3,696 Interdigital Communications Corp. 232,803 0.04
3,367 Interface Inc. 47,224 0.01
5,347 International Bancshares Corp. 199,314 0.03
4,964 International Seaways Inc. 64,080 0.01
3,170 Intersect ENT Inc. 76,128 0.01
6,008 Intra-Cellular Therapies Inc. 276,520 0.05
192
(expressed in EUR)

12,087 Invesco Mortgage Capital Inc. 29,548 0.01
17,573 Investors Bancorp Inc. 234,111 0.04
16,458 Invitae Corp. 220,993 0.04
12,982 Ionis Pharmaceuticals Inc. 347,382 0.06
10,065 Iovance Biotherapeutics Inc. 168,960 0.03
2,370 iRhythm Technologies Inc. 245,274 0.04
9,881 Iridium Communications Inc. 358,763 0.05
2,363 Irobot Corp. 136,893 0.02
12,833 Ironwood Pharmaceuticals Inc. 131,580 0.02
6,094 Istar Inc. 138,417 0.02
1,495 Iteos Therapeutics Inc. 61,209 0.01
2,705 Itron Inc. 162,985 0.03
6,376 ITT Inc. 572,954 0.10
3,166 Ituran Location & Control Limited 74,250 0.01
915 J&J Snack Foods Corp. 127,096 0.02
11,518 Jabil Inc. 712,531 0.13
2,027 Jack In The Box Inc. 155,929 0.03
1,830 James River Group Holdings 46,362 0.01
3,191 Jamf Holding Corp. 106,657 0.02
13,794 Janus Henderson Group 508,724 0.09
8,830 JBG Smith Properties 222,924 0.04
18,041 Jefferies Financial Group Inc. 615,539 0.10
6,511 Jeld-Wen Holding Inc. 150,923 0.03
6,148 Jetblue Airways Corp. 76,985 0.01
2,090 Jfrog Limited 54,584 0.01
461 John B. Sanfilippo & Son 36,549 0.01
2,568 John Bean Technologies Corp. 346,766 0.06
3,767 John Wiley & Sons Inc. - A 189,708 0.03
1,330 Johnson Outdoors Inc. - A 109,574 0.02
621 Joint Corp. 35,872 0.01
3,952 Jones Lang Lasalle Inc. 936,012 0.17
1,168 Kadant Inc. 236,722 0.04
1,534 Kaiser Aluminum Corp. 126,718 0.02
1,568 Kaman Corp. 59,496 0.01
9,800 Kar Auction Services Inc. 134,608 0.02
1,646 Karuna Therapeutics Inc. 189,611 0.03
8,109 Karyopharm Therapeutics Inc. 45,850 0.01
8,067 KB Home 317,303 0.05
11,281 KBR Inc. 472,389 0.08
3,956 Kearny Financial Corp. 46,093 0.01
2,574 Kelly Services Inc. 37,958 0.01
4,177 Kemper Corp. 215,939 0.04
5,536 Kennametal Inc. 174,813 0.03
11,557 Kennedy-Wilson Holdings Inc. 242,685 0.04
922 Keros Therapeutics Inc. 47,438 0.01
2,465 Kforce Inc. 163,047 0.03
8,382 Kilroy Realty Corp. 489,859 0.08
45,274 Kimco Realty Corp. 981,360 0.16
193
(expressed in EUR)

2,274 Kinsale Capital Group Inc. 475,697 0.08
1,165 Kirby Corp. 60,873 0.01
18,359 Kite Realty Group Trust 351,617 0.06
5,342 KKR Real Estate Finance Trust Inc. 97,849 0.02
2,966 Knowbe4 Inc. 59,831 0.01
6,232 Knowles Corp. 127,961 0.02
2,800 Kodiak Sciences Inc. 208,744 0.04
12,257 Kohl’s Corp. 532,337 0.09
3,505 Kontoor Brands Inc. 157,959 0.03
4,358 Korn Ferry 290,214 0.05
25,161 Kosmos Energy Limited 76,554 0.01
2,028 Kraton Performance Polymers Inc. 82,604 0.01
11,624 Kratos Defense & Security Solutions Inc. 198,299 0.03
1,529 Krystal Biotech Inc. 94,050 0.02
4,534 Kulicke & Soffa Industries Inc. 241,372 0.04
6,381 Kura Oncology Inc. 78,556 0.01
2,136 Kymera Therapeutics Inc. 119,253 0.02
14,000 Kyndryl Holdings Inc. 222,828 0.04
7,642 Ladder Capital Corp. 80,573 0.01
5,711 Lakeland Bancorp Inc. 95,367 0.02
2,455 Lakeland Financial Corp. 173,007 0.03
6,801 Lamar Advertising Company - A 725,432 0.12
10,093 Lamb Weston Holding Inc. 562,517 0.10
1,530 Lancaster Colony Corp. 222,800 0.04
867 Lands’ End Inc. 14,966 0.00
3,041 Landstar System Inc. 478,720 0.08
2,522 Lantheus Holdings Inc. 64,070 0.01
873 Laredo Petroleum Inc. 46,160 0.01
2,405 Latham Group Inc. 52,935 0.01
10,481 Lattice Semiconductor Corp. 710,222 0.11
7,638 Laureate Education Inc. 82,210 0.01
2,521 La-Z-Boy Inc. 80,494 0.01
2,682 LCI Industries 367,608 0.06
10,441 Leggett & Platt Inc. 377,903 0.06
3,780 Lemaitre Vascular Inc. 166,962 0.03
2,942 Lemonade Inc. 108,941 0.02
6,103 LendingClub Corp. 129,767 0.02
1,003 Lendingtree Inc. 108,132 0.02
5,568 Leslie’s Inc. 115,845 0.02
3,681 Levi Strauss & Company 81,020 0.01
1,996 LGI Homes Inc. 271,141 0.05
3,071 LHC Group Inc. 370,589 0.06
15,016 Liberty Latin America Limited 150,531 0.03
5,543 Liberty Latin America Limited - A 56,834 0.01
4,777 Liberty Media Corp.- 118,039 0.02
7,026 Liberty Oilfield Services Inc. - A 59,930 0.01
6,144 Life Storage Inc. 827,592 0.13
1,723 Ligand Pharmaceuticals Inc. 234,026 0.04
194
(expressed in EUR)

9,077 Limelight Networks Inc. 27,378 0.00
4,288 Lincoln Electric Holdings Inc. 525,895 0.08
5,972 Lindblad Expeditions Holdings Inc. 81,923 0.01
704 Lindsay Corp. 94,098 0.02
5,413 Lions Gate Entertainment - A 79,205 0.01
8,309 Lions Gate Entertainment - B 112,448 0.02
2,002 Liquidity Services Inc. 38,871 0.01
2,442 Lithia Motors Inc. 637,664 0.11
1,694 Littelfuse Inc. 468,755 0.08
3,425 Livanova plc 263,321 0.04
2,906 Live Oak Bancshares Inc. 223,061 0.04
11,375 Livent Corp. 243,864 0.04
4,376 Liveperson Inc. 137,452 0.02
5,117 LiveRamp Holdings Inc. 215,758 0.04
12,672 Lordstown Motors Corp. 38,444 0.01
7,808 Louisiana-Pacific Corp. 537,950 0.09
1,095 Lovesac Company 63,801 0.01
1,762 Loyalty Ventures Inc. 46,591 0.00
5,637 LPL Financial Holdings Inc. 793,551 0.12
3,221 LTC Properties Inc. 96,698 0.02
6,102 Lumentum Holdings Lite US 567,542 0.09
12,237 Luminar Technologies Inc. 181,962 0.03
2,996 Luxfer Holdings plc 50,873 0.01
17,349 LXP Industrial Trust 238,297 0.04
1,945 M/i Homes Inc. 106,349 0.02
16,260 Macerich Company 247,074 0.04
3,959 Macom Technology Solutions 272,590 0.05
5,529 Macrogenics Inc. 78,034 0.01
23,348 Macy’s Inc. 537,505 0.09
1,422 Madison Square Garden Company 217,239 0.04
2,424 Madison Square Garden Entertainment Corp. 149,933 0.03
869 Madrigal Pharmaceuticals Inc. 64,755 0.01
2,237 Magellan Health Services Inc. 186,856 0.03
9,079 Magnite Inc. 139,714 0.02
13,529 Magnolia Oil & Gas Corp. 224,492 0.04
1,531 Malibu Boats Inc. 92,530 0.02
21,211 Mandiant Inc. 327,155 0.05
5,186 Manhattan Associates Inc. 709,085 0.12
1,245 Manitowoc Company Inc. 20,352 0.00
11,926 Mannkind Corp. 45,829 0.01
4,633 Manpower Inc. 396,526 0.06
161,200 Manulife USA Real Estate 94,974 0.02
7,081 Marathon Digital Holdings Inc. 204,609 0.03
62,404 Marathon Oil Corp. 901,049 0.14
7,095 Maravai Lifesciences Holdings Inc. 261,414 0.04
2,148 Marcus & Millichap Inc. 97,200 0.02
1,655 MarineMax Inc. 85,923 0.01
3,449 Marriott Vacations Worldwide Corp. 512,497 0.09
195
(expressed in EUR)

7,819 Marten Transport Limited 117,986 0.02
1,918 Masonite International Corp. 198,934 0.03
4,522 Mastec Inc. 366,945 0.06
8,964 Matador Resources Company 291,023 0.05
979 Materion Corp. 79,149 0.01
2,496 Matson Inc. 197,604 0.03
27,155 Mattel Inc. 514,828 0.08
1,800 Matthews International Corp. 58,043 0.01
5,546 Maxar Technologies Inc. 144,015 0.02
6,817 Maxcyte Inc. 61,084 0.01
4,570 Maximus Inc. 320,165 0.05
5,710 Maxlinear Inc. 378,541 0.06
6,382 Mbia Inc. 88,614 0.01
2,152 Mcafee Corp. 48,804 0.01
16,781 Mcewen Mining Inc. 13,082 0.00
1,909 Mcgrath Rentcorp 134,731 0.02
4,146 Mdc Holdings Inc. 203,545 0.03
14,829 Mdu Resources Group Inc. 402,151 0.07
943 Medifast Inc. 173,666 0.03
6,786 Mednax Inc. 162,370 0.03
2,521 Medpace Holdings Inc. 482,475 0.08
2,956 Meiragtx Holdings plc 61,709 0.01
4,200 Membership Collective Group Inc. 47,200 0.01
5,367 Mercury Computer Systems Inc. 259,855 0.04
1,604 Mercury General Corp. 74,840 0.01
6,915 Meridian Bioscience Inc. 124,047 0.02
3,754 Merit Medical Systems Inc. 205,658 0.03
2,758 Meritage Homes Corp. 296,027 0.05
5,237 Meritor Inc. 114,116 0.02
2,094 Merus NV 58,555 0.01
267 Mesa Laboratories Inc. 77,031 0.01
1,913 Meta Financial Group Inc. 100,360 0.02
15,778 Meta Materials Inc. 34,131 0.01
1,795 Methode Electronics Inc. 77,612 0.01
31,530 Mfa Financial Inc. 126,431 0.02
2,295 Mge Energy Inc. 165,990 0.03
25,298 Mgic Investment Corp. 320,785 0.05
11,998 MGM Growth Properties LLC - A 430,987 0.07
1,374 Mgp Ingredients Inc. 102,688 0.02
591 Microstrategy Inc. 282,970 0.05
6,312 Microvast Holdings Inc. 31,416 0.01
11,581 Microvision Inc. 51,021 0.01
4,436 Middleby Corp. 767,522 0.12
1,047 Middlesex Water Company 110,758 0.02
1,044 Midland States Bancorp Inc. 22,758 0.00
5,428 MillerKnoll Inc. 187,059 0.03
4,027 Mimecast Limited 281,769 0.05
2,737 Minerals Technologies Inc. 176,057 0.03
196
(expressed in EUR)

3,320 Mirati Therapeutics Inc. 428,255 0.08
3,891 Mitek Systems Inc. 60,733 0.01
4,183 Mks Instruments Inc. 640,655 0.10
5,355 Model N Inc. 141,409 0.02
1,756 Modivcare Inc. 228,981 0.03
3,987 Moelis & Company 219,159 0.04
9,973 Momentive Global Inc. 185,481 0.03
6,754 Momentus Inc. 24,826 0.00
2,459 Monarch Casino & Resort Inc. 159,904 0.03
8,014 Monmouth REIT 148,060 0.03
2,209 Monro Inc. 113,189 0.02
1,767 Montrose Environmental Group Inc. 109,560 0.02
1,962 Morningstar Inc. 590,032 0.10
1,587 Morphic Holding Inc. 66,120 0.01
3,952 Mp Materials Corp. 157,844 0.03
8,457 Mr Cooper Group Inc. 309,441 0.05
6,561 MRC Global Inc. 39,694 0.01
2,886 MSA Safety Inc. 383,108 0.06
3,227 Msc Industrial Direct Company 238,535 0.04
3,796 Mueller Industries Inc. 198,145 0.03
14,978 Mueller Water Products Inc. - A 189,662 0.03
12,866 Multiplan Corp. 50,120 0.01
11,878 Murphy Oil Corp. 272,718 0.05
2,337 Murphy USA Inc. 409,448 0.07
3,110 Myovant Sciences Limited 42,581 0.01
1,855 MYR Group Inc. 180,329 0.03
6,330 Myriad Genetics Inc. 153,630 0.03
4,700 N-Able Inc. 45,876 0.01
669 Nabors Industries Limited 47,704 0.01
15,010 Nano Dimension Limited 50,157 0.01
4,135 NanoString Technologies Inc. 153,554 0.03
3,627 Nano-X Imaging Limited 46,374 0.01
7,557 Natera Inc. 620,602 0.11
2,429 National Bank Holdings Corp. 93,854 0.02
1,770 National Beverage Corp. 70,554 0.01
6,207 National Fuel Gas Company 348,994 0.06
3,123 National Health Investors Inc. 157,825 0.03
872 National Healthcare Corp. 52,096 0.01
8,526 National Instruments Corp. 327,410 0.06
1,602 National Presto Industries Inc. 115,558 0.02
971 National Research Corp. 35,452 0.01
13,992 National Retail Properties Inc. 591,449 0.10
5,071 National Storage Affiliates REIT 308,577 0.05
5,755 National Vision Holdings Inc. 242,862 0.04
373 National Western Life Group Inc. 70,336 0.01
1,203 Natus Medical Inc. 25,103 0.00
14,849 Navient Corp. 277,080 0.05
3,070 NBT Bancorp Inc. 103,989 0.02
197
(expressed in EUR)

1,720 nCino Inc. 82,975 0.01
9,657 NCR Corp. 341,375 0.05
2,205 Neenah Paper Inc. 89,736 0.02
13,588 Nektar Therapeutics 161,426 0.03
1,282 Nelnet Inc. 110,118 0.02
1,358 Neogames SA 33,174 0.01
8,006 Neogen Corp. 319,691 0.05
9,360 Neogenomics Inc. 280,833 0.05
4,464 Neophotonics Corp. 60,334 0.01
2,148 Netgear Inc. 55,173 0.01
7,100 Netscout Systems Inc. 206,532 0.03
2,639 Nevro Corp. 188,132 0.03
7,117 New Jersey Resources Corp. 256,968 0.04
4,102 New Relic Inc. 396,637 0.07
34,584 New Residential Investment Corp. 325,708 0.06
39,655 New York Community Bancorp Inc. 425,773 0.07
28,960 New York Mortgage Trust Inc. 94,734 0.02
10,775 New York Times Company - A 457,643 0.08
11,196 Newmark Group Inc. 184,106 0.03
687 Newmarket Corp. 207,042 0.04
2,909 Nexpoint Residential REIT 214,440 0.04
3,212 Nexstar Broadcasting Group Inc. - A 426,439 0.07
5,539 NextEra Energy Operating Partners LP 411,089 0.06
6,523 NextGen Healthcare Inc. 102,044 0.02
23,417 NexTier Oilfield Solutions Inc. 73,101 0.01
1,748 Nicolet Bankshares Inc. 131,807 0.02
26,040 Nielsen Holdings plc 469,645 0.08
11,218 Nikola Corp. 97,363 0.02
5,268 nLight Inc. 110,947 0.02
5,646 Nmi Holdings Inc. 108,481 0.02
9,222 Nordstrom Inc. 183,434 0.03
4,502 Northern Oil and Gas Inc. 81,473 0.01
3,604 Northfield Bancorp Inc. 51,214 0.01
7,024 Northwest Bancshares Inc. 87,460 0.01
2,468 Northwest Natural Holding Company 105,864 0.02
3,926 Northwestern Corp. 197,336 0.03
26,564 Norwegian Cruise Line Holdings Limited 484,468 0.08
24,362 Nov Inc. 290,279 0.04
2,683 Novanta Inc. 416,016 0.07
7,357 Now Inc. 55,249 0.01
3,815 Nu Skin Enterprises Inc. - A 170,253 0.03
1,771 Nurix Therapeutics Inc. 45,085 0.01
16,095 Nutanix Inc. 450,920 0.07
4,463 Nuvasive Inc. 205,960 0.03
6,088 Nuvation Bio Inc. 45,505 0.01
797 NV5 Global Inc. 96,801 0.02
12,600 NVent Electric plc 421,034 0.07
823 Oasis Petroleum Inc. 91,180 0.02
198
(expressed in EUR)

4,252 OceanFirst Financial Corp. 83,006 0.01
13,688 Ocugen Inc. 54,766 0.01
3,574 ODP Corp. 123,449 0.02
3,711 Office Properties Income Trust 81,060 0.01
2,983 Ofg Bancorp 69,670 0.01
15,524 Oge Energy Corp. 523,928 0.08
12,629 O-I Glass Inc. 133,597 0.02
11,564 Old National Bancorp 184,259 0.03
23,145 Old Republic International Corp. 500,268 0.07
11,152 Olin Corp. 564,071 0.10
4,274 Ollie’s Bargain Outlet Holdings 192,390 0.03
2,815 Olo Inc. 51,513 0.01
12,541 Omega Healthcare Investors Inc. 326,317 0.06
9,604 Omeros Corp. 54,303 0.01
3,231 Omnicell Inc. 512,664 0.09
4,301 One Gas Inc. 293,453 0.05
3,407 One Liberty Properties Inc. 105,697 0.02
6,464 Onemain Holdings Inc. 284,434 0.05
1,515 Onespan Inc. 22,554 0.00
4,909 OneSpaWorld Holdings Limited 43,254 0.01
4,970 Onto Innovation Inc. 442,414 0.07
5,368 Open Lending Corp. 106,114 0.02
8,037 Opendoor Technologies Inc. 103,254 0.02
43,332 Opko Health Inc. 183,281 0.03
790 Optimizerx Corp. 43,147 0.01
9,610 Option Care Health Inc. 240,335 0.04
6,374 OraSure Technologies Inc. 48,707 0.01
19,592 Organon & Company 524,600 0.08
8,015 Origin Materials Inc. 45,460 0.01
4,313 Orion Office REIT Inc. 70,809 0.01
2,912 Ormat Technologies Inc. 203,062 0.03
7,183 Ortho Clinical Diagnostics Holdings plc 135,108 0.02
759 Orthofix Medical Inc. 20,750 0.00
2,311 OrthoPediatrics Corp. 121,647 0.02
5,446 Oshkosh Corp. 539,762 0.08
862 Osi Systems Inc. 70,646 0.01
2,834 Otter Tail Corp. 177,985 0.03
10,450 Outfront Media Inc. 246,455 0.04
2,501 Outset Medical Inc. 101,364 0.02
4,167 Overstock.com Inc. 216,228 0.04
20,513 Ovintiv Inc. 607,886 0.09
5,777 Owens & Minor Inc. 220,981 0.04
1,692 Oxford Industries Inc. 151,048 0.03
14,826 Pacific Biosciences of California Inc. 266,743 0.05
6,595 Pacific Premier Bancorp Inc. 232,147 0.04
4,251 Pacira Pharmaceuticals Inc. 224,923 0.04
10,677 Pacwest Bancorp 424,094 0.07
5,687 PAE Inc. 49,658 0.01
199
(expressed in EUR)

6,209 PagerDuty Inc. 189,732 0.03
1,325 Palomar Holdings Inc. 75,466 0.01
2,409 Papa John’s International Inc. 282,738 0.05
4,121 Par Pacific Holdings Inc. 59,757 0.01
1,083 PAR Technology Corp. 50,255 0.01
14,785 Paramount Group Inc. 108,430 0.02
21,178 Park Hotels & Resorts Inc. 351,601 0.06
1,651 Park National Corp. 199,348 0.03
1,755 Parsons Corp. 51,931 0.01
8,511 Party City Holdingco Inc. 41,687 0.01
1,827 Patrick Industries Inc. 129,635 0.02
8,275 Patterson Companies Inc. 213,570 0.04
16,117 Patterson-Uti Energy Inc. 119,758 0.02
2,758 Paylocity Holding Corp. 572,749 0.09
1,943 Paymentus Holdings Inc. 59,766 0.01
7,776 Payoneer Global Inc. 50,258 0.01
9,436 PBF Energy Inc. - A 107,620 0.02
2,860 PC Connection Inc. 108,470 0.02
6,740 Pdc Energy Inc. 289,111 0.05
7,542 PDF Solutions Inc. 210,834 0.04
11,193 Pebblebrook Hotel Trust 220,179 0.04
3,644 Pegasystems Inc. 358,312 0.06
13,220 Penn National Gaming Inc. 602,759 0.10
2,190 Pennant Group Inc./The 44,447 0.01
4,896 PennyMac Financial Services Inc. 300,425 0.05
9,112 PennyMac Mortgage Investment Trust (PMT) 138,859 0.02
2,237 Penske Automotive Group Inc. 210,914 0.04
2,717 Penumbra Inc. 686,464 0.12
27,192 People’s United Financial Inc. 426,101 0.07
4,493 Perdoceo Education Corp. 46,463 0.01
2,237 Perficient Inc. 254,328 0.04
10,840 Performance Food Group Company 437,431 0.07
11,394 Perrigo Company 389,753 0.07
3,905 Personalis Inc. 49,001 0.01
7,026 Petco Health & Wellness Company Inc. 122,269 0.02
3,754 PetIQ Inc. 74,968 0.01
1,436 PetMed Express Inc. 31,897 0.01
5,888 PGT Innovations Inc. 116,445 0.02
2,874 Phibro Animal Health Corp. 51,607 0.01
4,805 Photronics Inc. 79,647 0.01
3,532 Phreesia Inc. 129,391 0.02
17,084 Physicians Realty Trust 282,881 0.05
1,514 Piedmont Lithium Inc. 69,842 0.01
11,495 Piedmont Office Realty Trust Inc. 185,788 0.03
4,820 Pilgrim’s Pride Corp. 119,525 0.02
3,083 Ping Identity Holding Corp 62,029 0.01
6,056 Pinnacle Financial Partners Inc. 508,572 0.09
8,719 Pinnacle West Capital Corp. 541,218 0.08
200
(expressed in EUR)

1,182 Piper Sandler Companies 185,542 0.03
10,087 Pitney Bowes Inc. 58,808 0.01
2,363 PJT Partners 153,952 0.03
13,404 Plains GP Holdings LP 119,519 0.02
7,302 Planet Fitness Inc. - A 581,618 0.09
3,185 Plantronics Inc. 82,174 0.01
1,698 Plby Group Inc. 39,777 0.01
3,269 Plexus Corp. 275,646 0.05
6,060 PNM Resources Inc. 243,050 0.04
4,618 Polaris Industries Inc. 446,328 0.08
7,395 Popular Inc. 533,491 0.09
6,912 Porch Group Inc. 94,757 0.02
8,591 Portland General Electric Company 399,785 0.06
2,267 Poshmark Inc. 33,949 0.01
5,386 Post Holdings Inc. 533,912 0.09
4,143 Potlatch Corp. 219,391 0.04
4,144 Power Integrations Inc. 338,495 0.06
4,391 Pra Group Inc. 193,873 0.03
4,366 Precigen Inc. 14,244 0.00
5,989 Precision Biosciences Inc. 38,972 0.01
821 Preferred Bank Los Angeles 51,829 0.01
10,480 Premier Inc. 379,407 0.06
3,671 Prestige Brands Holdings Inc. 195,785 0.03
2,200 Pricesmart Inc. 141,553 0.02
3,273 Primerica Inc. 441,131 0.07
3,852 Primoris Services Corp. 81,227 0.01
1,964 Privia Health Group Inc. 44,679 0.01
4,645 Proassurance Corp. 103,340 0.02
5,462 PROG Holdings Inc. 216,664 0.04
3,455 Progress Software Corp. 146,652 0.02
3,399 Progyny Inc. 150,492 0.03
8,111 Propetro Holding Corp. 57,773 0.01
3,475 Pros Holdings Inc. 105,393 0.02
7,261 Prosperity Bancshares Inc. 461,634 0.08
2,739 Protagonist Therapeutics Inc. 82,372 0.01
10,278 Proterra Inc. 79,805 0.01
2,183 Prothena Corp. plc 94,830 0.02
2,272 Proto Labs Inc. 102,592 0.02
3,505 Provident Financial Services Inc. 74,649 0.01
1,333 PS Business Parks Inc. 215,880 0.04
4,986 Ptc Therapeutics Inc. 174,633 0.03
1,448 Pubmatic Inc. 43,356 0.01
2,550 Pulmonx Corp. 71,912 0.01
18,172 Pure Storage Inc. - A 520,135 0.08
4,025 Purecycle Technologies Inc. 33,872 0.01
3,375 Purple Innovation Inc. 39,383 0.01
5,596 PVH Corp. 524,810 0.09
3,430 Q2 Holdings Inc. 239,605 0.04
201
(expressed in EUR)

1,254 Quaker Chemical Corp. 254,483 0.04
2,787 Qualys Inc. 336,293 0.06
2,495 Quanex Building Products Corp. 54,367 0.01
10,807 Quanta Services Inc. 1,089,632 0.18
3,611 Quanterix Corp. 134,635 0.02
3,050 Quidel Corp. 362,047 0.06
3,179 QuinStreet Inc. 50,849 0.01
12,806 Quotient Technology Inc. 83,557 0.01
30,123 Qurate Retail Inc. - A 201,314 0.03
10,708 R1 RCM Inc. 240,017 0.04
3,601 Rackspace Technology Inc. 42,653 0.01
14,711 Radian Group Inc. 273,341 0.05
7,968 Radius Health Inc. 48,486 0.01
8,243 RadNet Inc. 218,252 0.04
5,466 Radware Limited 200,144 0.03
4,428 Ralph Lauren Corp. 462,814 0.08
15,288 Rambus Inc. 395,106 0.07
17,238 Range Resources Corp. 270,272 0.05
3,592 Rapid7 Inc. 371,739 0.06
1,666 Rapt Therapeutics Inc. 53,810 0.01
9,341 Rayonier Inc. 331,518 0.06
2,125 RBC Bearings Inc. 377,407 0.07
2,013 RE/MAX Holdings Inc. 53,971 0.01
7,278 Ready Capital Corp. 100,031 0.02
10,518 Realogy Holdings Corp. 155,476 0.03
7,335 RealReal Inc./The 74,885 0.01
2,376 Reata Pharmaceuticals Inc. - A 55,096 0.01
3,302 Recursion Pharmaceuticals 49,740 0.00
4,691 Red Rock Resorts Inc. - A 226,919 0.03
7,857 Redfin Corp. 265,239 0.04
6,819 Redwood Trust Inc. 79,091 0.01
5,331 Regal Rexnord Corp. 797,776 0.13
3,282 Regenxbio Inc. 94,373 0.02
5,069 Reinsurance Group of America Inc. 488,046 0.07
2,428 Relay Therapeutics Inc. 65,568 0.01
4,729 Reliance Steel & Aluminum Company 674,584 0.12
2,601 Renaissancere Holdings Limited 387,291 0.07
4,782 Renasant Corp. 159,582 0.03
4,338 Renewable Energy Group Inc. 161,893 0.03
4,463 Rent-A-Center Inc. - A 188,535 0.03
6,554 Repay Holdings Corp. 105,295 0.02
4,425 RepliGeneral Corp. 1,030,528 0.17
1,629 Replimune Group Inc. 38,820 0.01
2,174 Republic Bancorp Inc. 97,191 0.02
9,193 Resideo Technologies Inc. 210,424 0.04
6,448 Resources Connection Inc. 101,154 0.02
7,690 Retail Opportunity Investments Company 132,540 0.02
4,229 REV Group Inc. 52,621 0.01
202
(expressed in EUR)

6,702 Revance Therapeutics Inc. 96,181 0.02
2,921 Revolution Medicines Inc. 64,651 0.01
1,824 Revolve Group Inc. 89,885 0.02
999 REX American Resources Corp 84,333 0.01
10,852 Rexford Industrial Realty 774,011 0.12
1,345 RH 633,872 0.10
3,790 Rhythm Pharmaceuticals Inc. 33,261 0.01
14,259 Ribbon Communications Inc. 75,859 0.01
8,097 Rimini Street Inc. 42,507 0.01
5,997 Riot Blockchain Inc. 117,757 0.02
3,851 Rite Aid Corp. 49,746 0.01
3,556 RLI Corp. 350,534 0.06
14,544 RLJ Lodging Trust 178,155 0.03
1,322 RMR Group Inc. - A 40,316 0.01
10,556 Rocket Cos Inc. 129,954 0.02
8,978 Rocket Lab USA Inc. 96,949 0.01
6,338 Rocket Pharmaceuticals Inc. 121,666 0.02
8,305 Rockley Photonics Holdings Limited 31,768 0.01
1,617 Rogers Corp. 388,182 0.07
11,676 Romeo Power Inc. 37,476 0.01
12,786 Root Incoh 34,855 0.01
4,742 Royal Gold Inc. 438,713 0.08
3,047 Rpc Inc. 12,164 0.00
4,227 RPT Realty 49,734 0.01
6,447 Rubius Therapeutics Inc. 54,878 0.01
2,395 Rush Enterprises Inc. 117,181 0.02
2,846 Rush Street Interactive Inc. 41,294 0.00
4,519 Ruth’s Chris Steak House 79,079 0.01
1,371 Ryan Specialty Group Holdings Inc. 48,646 0.01
4,816 Ryder System Inc. 349,088 0.06
3,639 Ryman Hospitality Properties Inc. 294,269 0.05
2,654 S&T Bancorp Inc. 73,561 0.01
15,516 Sabra Health Care Inc. 184,740 0.03
22,344 Sabre Corp. 168,779 0.03
1,370 Safety Insurance Group Inc. 102,437 0.02
4,102 Sage Therapeutics Inc. 153,446 0.03
1,995 Saia Inc. 591,254 0.11
10,239 Sailpoint Technologies Holding Inc. 435,239 0.07
11,359 Sally Beauty Holdings Inc. 184,389 0.03
2,894 Sana Biotechnology Inc. 39,394 0.01
1,520 Sanderson Farms Inc. 255,401 0.04
2,903 Sandy Spring Bancorp Inc. 122,737 0.02
15,618 Sangamo Biosciences Inc. 103,003 0.02
5,015 Sanmina Corp. 182,837 0.03
6,291 Sarepta Therapeutics Inc. 498,157 0.08
1,618 Scansource Inc. 49,912 0.01
4,012 Schneider National Inc. - B 94,938 0.02
1,658 Schnitzer Steel Industries Inc. 75,698 0.01
3,788 Scholastic Corp. 133,106 0.02
203
(expressed in EUR)

3,281 Schrodinger Inc./United States 100,490 0.02
3,751 Schweitzer-Mauduit International Inc. 98,624 0.02
3,934 Science Applications International Corp. 289,169 0.05
6,515 Scientific Games Corp. 382,868 0.06
3,505 Scotts Miracle-Gro Company 496,223 0.08
23 Seaboard Corp. 79,586 0.01
4,268 Seacoast Banking Corp. of Florida 132,821 0.02
5,392 Seaworld Entertainment Inc. 307,532 0.05
2,398 Seer Inc. 48,099 0.01
3,193 Select Energy Services Inc. 17,492 0.00
9,135 Select Medical Holdings Corp. 236,167 0.04
4,838 Selective Insurance Group Inc. 348,598 0.06
4,322 Selectquote Inc. 34,433 0.01
8,097 Sema4 Holdings Corp. 31,756 0.01
5,770 Semtech Corp. 451,219 0.08
28,878 Senseonics Holdings Inc. 67,802 0.01
3,311 Sensient Technologies Corp. 291,328 0.05
3,497 Seres Therapeutics Inc. 25,616 0.00
3,332 Seritage Growth Properties 38,881 0.01
13,583 Service Corp. International 847,922 0.15
14,427 Service Properties Trust 111,514 0.02
4,451 Servisfirst Bancshares Inc. 332,455 0.06
3,296 Shake Shack Inc. 209,145 0.04
4,148 Shenandoah Telecommunications Company 93,013 0.02
3,408 Shift4 Payments Inc. 173,607 0.03
7,060 Shoals Technologies Group Inc. 150,860 0.03
2,671 Shockwave Medical Inc. 418,853 0.08
2,709 Shutterstock Inc. 264,135 0.03
2,493 Si-Bone Inc. 48,689 0.01
4,712 Signet Jewelers Limited 360,610 0.06
6,516 Silgan Holdings Inc. 245,467 0.04
2,908 Silicon Laboratories Inc. 527,849 0.09
2,624 Silk Road Medical Inc. 98,319 0.02
1,809 Silvergate Capital Corp. 235,749 0.04
8,811 Simmons First National Corp. 229,185 0.04
8,374 Simply Good Foods Company 306,109 0.05
3,923 Simpson Manufacturing Company Inc. 479,750 0.08
1,596 Simulations Plus Inc. 66,383 0.01
6,454 Sinclair Broadcast Group Inc. - A 149,999 0.03
5,963 Siriuspoint Limited 42,630 0.01
15,133 SITE Centers Corp. 210,654 0.04
3,916 SiteOne Landscape Supply Inc. 834,302 0.14
890 SiTime Corp. 228,949 0.04
6,367 Six Flags Entertainment Corp. 238,399 0.04
2,185 SJW Corp. 140,645 0.02
9,703 Skechers Inc. 370,304 0.06
5,631 Skillsoft Corp. 45,307 0.01
8,372 Skillz Inc. 54,773 0.01
204
(expressed in EUR)

3,579 Skyline Corp. 248,566 0.04
799 Skywest Inc. 27,612 0.00
6,145 Sl Green Realty Corp. 387,440 0.07
2,525 Sleep Number Corp. 170,080 0.03
33,690 SLM Corp. 582,731 0.10
8,085 SM Energy Company 209,590 0.04
8,347 Smartsheet Inc. - A 568,480 0.09
10,699 Smiledirectclub Inc. 22,109 0.00
3,552 Smith & Wesson Brands Inc. 55,598 0.01
4,700 Solarwinds Corp. 58,647 0.01
1,669 Sonic Automotive Inc. - A 72,575 0.01
7,202 Sonoco Products Company 366,623 0.06
7,266 Sonos Inc. 190,403 0.03
16,198 Sorrento Therapeutics Inc. 66,233 0.01
6,581 Sotera Health Company 136,284 0.02
7,197 South Jersey Industries Inc. 165,306 0.03
6,585 South State Corp. 463,880 0.08
2,906 Southside Bancshares Inc. 106,867 0.02
4,456 Southwest Gas Corp. 274,484 0.05
46,256 Southwestern Energy Company 189,547 0.03
3,088 SP Plus Corp. 76,630 0.01
7,615 Spartan Stores Inc. 172,496 0.03
3,555 Spectrum Brands Holdings Inc. 317,987 0.05
4,031 Spire Inc. 231,184 0.05
8,270 Spirit Aerosystems Holdings Inc. - A 313,361 0.05
1,516 Spirit Airlines Inc. 29,128 0.00
7,885 Spirit Realty Capital Inc. 334,135 0.06
1,883 Springworks Therapeutics Inc. 102,628 0.02
3,758 Sprinklr Inc. 52,445 0.01
2,973 Sprout Social Inc. 237,092 0.04
9,233 Sprouts Farmers Market Inc. 240,974 0.04
2,784 Sps Commerce Inc. 348,490 0.06
4,613 Spx Corp. 242,089 0.04
3,267 SPX Flow Inc. 248,444 0.04
2,696 St Joe Company 123,397 0.02
3,402 STAAR Surgical Company 273,129 0.05
12,530 Stag Industrial Inc. 528,437 0.09
7,103 Stagwell Inc. 54,153 0.01
1,533 Standard Motor Products Inc. 70,624 0.01
1,071 Standex International Corp. 104,218 0.02
21,821 Starwood Property Trust Inc. 466,277 0.08
6,961 Steelcase Inc. - A 71,740 0.01
3,175 Stem Inc. 52,963 0.01
1,756 Stepan Company 191,922 0.03
2,540 Stepstone Group Inc. 92,849 0.02
7,081 Stericycle Inc. 371,360 0.06
16,754 Sterling Bancorp 379,956 0.07
7,579 Steven Madden Limited 309,705 0.05
205
(expressed in EUR)

1,294 Stewart Information Services Corp. 90,723 0.02
8,270 Stifel Financial Corp. 512,112 0.09
5,884 Stitch Fix Inc. - A 97,894 0.02
1,499 Stock Yards Bancorp Inc. 84,203 0.01
1,851 Stoneridge Inc. 32,130 0.01
2,300 StoneX Group Inc. 123,879 0.02
19,272 Store Capital Corp. 582,973 0.10
2,074 Strategic Education Inc. 105,487 0.02
3,694 Stride Inc. 108,267 0.02
961 Sturm Ruger & Company Inc. 57,481 0.01
11,968 Summit Hotel Properties Inc. 102,715 0.02
10,976 Summit Materials Inc. 387,422 0.07
4,014 Suncoke Energy Inc. 23,261 0.00
7,381 Sunnova Energy International Inc. 181,215 0.03
7,144 Sunpower Corp. 131,107 0.02
16,077 Sunstone Hotel Investors Inc. 165,831 0.03
3,440 Super Micro Computer Inc. 132,948 0.02
4,618 Supernus Pharmaceuticals Inc. 118,414 0.02
1,402 Surgery Partners Inc. 65,847 0.01
2,704 Surmodics Inc. 114,490 0.02
7,797 Switch Inc. 196,365 0.03
2,761 Sylvamo Corp. 67,714 0.01
2,609 Synaptics Inc. 664,203 0.11
8,039 Syneos Health Inc. 725,858 0.12
12,844 Synovus Financial Corp. 540,663 0.09
2,516 Tabula Rasa HealthCare Inc. 33,187 0.01
659 Tactile Systems Technology Inc. 11,028 0.00
3,652 Talos Energy Inc. 31,472 0.01
5,462 Tandem Diabetes Care Inc. 722,951 0.13
8,802 Tanger Factory Outlet Centers Inc. 149,228 0.03
21,793 Tapestry Inc. 778,047 0.14
18,404 Targa Resources Corp. 845,431 0.14
3,893 Tattooed Chef Inc. 53,198 0.01
12,269 Taylor Morrison Home Corp. 377,176 0.06
3,200 TD Synnex Corp. 321,801 0.06
33,560 TechnipFMC plc 174,706 0.03
2,840 TechTarget Inc. 238,898 0.04
17,275 Tegna Inc. 281,942 0.05
9,099 Telephone & Data Systems Inc. 161,225 0.03
33,216 Tellurian Inc. 89,962 0.02
13,992 Tempur Sealy International Inc. 578,652 0.11
5,214 Tenable Holdings Inc. 252,493 0.04
7,020 Tenet Healthcare Corp. 504,277 0.09
1,081 Tennant Company 77,035 0.01
4,467 Tenneco Inc. 44,387 0.01
9,278 Teradata Corp. 346,497 0.06
5,383 Terex Corp. 208,040 0.04
9,783 Terminix Global Holdings Inc. 389,101 0.07
5,160 Terreno Realty Corp. 386,999 0.08
206
(expressed in EUR)

4,126 Tetra Tech Inc. 616,070 0.10
5,168 Texas Capital Bancshares Inc. 273,806 0.05
433 Texas Pacific Land Corp. 475,519 0.08
4,757 Texas Roadhouse Inc. 373,465 0.06
4,298 Tfs Financial Corp. 67,539 0.01
10,142 TG Therapeutics Inc. 169,450 0.03
7,123 Theravance Biopharma Inc. 69,213 0.01
2,191 Thermon Group Holdings Inc. 32,618 0.01
4,526 Thor Industries Inc. 413,000 0.07
2,847 Thredup Inc. 31,945 0.01
8,945 Tilray Inc. 55,297 0.01
5,761 Timken Company 351,020 0.06
2,221 Tivity Health Inc. 51,638 0.01
8,844 Toll Brothers Inc. 562,978 0.11
851 Tompkins Financial Corp. 62,545 0.01
2,752 Topbuild Corp. 667,696 0.11
8,429 Toro Company 740,539 0.13
5,447 Towne Bank 151,311 0.03
1,839 TPG RE Finance Trust 19,923 0.00
2,191 TPI Composites Inc. 28,823 0.00
2,828 Transmedics Group Inc. 47,647 0.01
38,658 Transocean Inc. 93,824 0.02
7,424 Travel + Leisure Company 360,820 0.06
949 Travelcenters of America Inc. 43,077 0.01
4,549 Travere Therapeutics Inc. 124,165 0.02
4,505 Treehouse Foods Inc. 160,559 0.03
9,102 Trex Company Inc. 1,080,762 0.19
13,560 TRI Pointe Homes Inc. 332,561 0.06
2,994 Trico Bancshares 113,104 0.02
2,166 Trimas Corp. 70,473 0.01
3,706 Trinet Group Inc. 310,441 0.05
6,776 Trinity Industries Inc. 179,947 0.03
3,667 Trinseo plc 169,162 0.03
6,474 TripAdvisor Inc. 155,189 0.03
2,377 Triple-S Management Corp. 74,579 0.01
4,081 Tristate Capital Holdings Inc. 108,592 0.02
5,427 Triton International Limited 287,432 0.05
2,772 Triumph Bancorp Inc. 290,265 0.05
8,923 Triumph Group Inc. 145,395 0.02
6,342 Tronox Holdings plc 134,012 0.02
2,181 Trueblue Inc. 53,067 0.01
2,276 Truecar Inc. 6,805 0.00
3,411 Trupanion Inc. 396,020 0.07
1,318 Trustco Bank Corp. 38,606 0.01
4,716 Trustmark Corp. 134,613 0.02
986 TTEC Holdings Inc. 78,511 0.01
6,371 TTM Technologies Inc. 83,475 0.01
894 Tucows Inc. 65,894 0.01
3,567 Tupperware Brands Corp. 47,959 0.01
207
(expressed in EUR)

2,199 Turning Point Brands Inc. 73,055 0.01
3,545 Turning Point Therapeutics Inc. 148,695 0.03
3,066 Tusimple Holdings Inc. 96,655 0.01
2,040 Tutor Perini Corp. 22,190 0.00
3,673 Twist Bioscience Corp. 249,959 0.04
20,513 Two Harbors Invesment Corp. 104,080 0.02
4,783 UFP Industries Inc. 386,989 0.07
5,731 Ultra Clean Holdings 289,070 0.05
6,006 Ultragenyx Pharmaceutical Inc. 444,112 0.08
3,852 Umb Financial Corp. 359,423 0.06
7,630 UMH Properties Inc. 183,370 0.03
19,195 Umpqua Holdings Corp. 324,755 0.05
15,372 Under Armour Inc. 243,854 0.04
14,874 Under Armour Inc. 277,154 0.05
1,404 Unifirst Corp. 259,762 0.03
2,640 UniQure NV 48,148 0.01
6,389 Unisys Corp. 115,566 0.02
10,976 United Bankshares Inc. 350,166 0.06
6,534 United Community Banks Inc. 206,500 0.03
1,484 United Fire Group Inc. 30,262 0.01
4,862 United Natural Foods Inc. 209,837 0.04
17,914 United States Steel Corp. 375,071 0.06
4,025 United Therapeutics Corp. 764,791 0.12
21,149 Uniti Group Inc. REIT 260,550 0.04
1,135 Unitil Corp. 45,901 0.01
12,130 Univar Inc. 302,397 0.05
1,393 Universal Corp. 67,274 0.01
3,329 Universal Display Corp. 483,103 0.08
664 Universal Electronics Inc. 23,794 0.00
892 Universal Health Realty Income Trust 46,647 0.01
2,402 Universal Insurance Holdings Inc. 35,907 0.01
2,040 Univest Corp. of Pennsylvania 53,673 0.01
16,053 Unum Group 346,836 0.06
3,162 Upland Software Inc. 49,882 0.01
8,458 Upwork Inc. 254,067 0.04
13,410 Uranium Energy Corp. 39,504 0.01
10,325 Urban Edge Properties 172,507 0.03
5,572 Urban Outfitters Inc. 143,857 0.02
2,591 UroGen Pharma Limited 21,668 0.00
1,641 US Ecology Inc. 46,090 0.01
16,993 US Foods Holding 520,459 0.09
1,439 US Physical Therapy Inc. 120,908 0.02
1,591 USANA Health Sciences Inc. 141,584 0.02
29,632 Valley National Bancorp 358,284 0.06
1,682 Valmont Industries Inc. 370,507 0.06
14,674 Valvoline Inc. 481,176 0.08
5,981 Vanda Pharmaceuticals Inc. 82,520 0.01
3,177 Varex Imaging Corp. 88,141 0.01
208
(expressed in EUR)

7,089 Varonis Systems Inc. 304,081 0.05
8,015 Vaxart Inc. 44,191 0.01
9,455 Vector Group Limited 95,448 0.02
896 Vectrus Inc. 36,062 0.01
2,296 Veeco Instruments Inc. 57,481 0.01
9,915 Velodyne Lidar Inc. 40,455 0.01
7,529 Veoneer Inc. 234,901 0.04
6,118 Veracyte Inc. 221,651 0.04
5,804 Vericel Corp. 200,578 0.03
5,285 Verint Systems Inc. 244,034 0.04
8,277 Veris Residential Inc. 133,777 0.02
3,142 Veritex Holdings Inc. 109,909 0.02
530 Veritiv Corp. 57,125 0.01
2,770 Veritone Inc. 54,757 0.01
8,115 Verra Mobility Corp. 110,108 0.02
2,912 Vertex Inc. 40,638 0.01
16,853 Vertiv Holdings Co 370,048 0.06
1,427 Verve Therapeutics Inc. 46,266 0.01
2,171 Viad Corp. 81,689 0.01
4,591 Viasat Inc. 179,813 0.03
21,557 Viavi Solutions Inc. 334,008 0.06
1,467 Vicor Corp. 163,806 0.03
6,865 Victoria’s SE 335,281 0.06
12,117 ViewRay Inc. 58,710 0.01
12,877 Viking Therapeutics Inc. 52,088 0.01
11,379 Vimeo Inc. 179,711 0.03
14,271 Vinco Ventures Inc. 29,867 0.01
4,855 Viper Energy Partners LP 90,978 0.02
5,781 Vir Biotechnology Inc. 212,848 0.04
14,976 Virgin Galactic Holdings Inc. 176,204 0.03
3,776 Virtu Financial Inc. 95,728 0.02
921 Virtus Investment Partners Inc. 240,617 0.04
11,708 Vishay Intertechnology Inc. 225,162 0.04
2,552 Vishay Precision Group Inc. 83,301 0.01
2,746 Vista Outdoor Inc. 111,245 0.02
2,673 Visteon Corp. 261,236 0.04
5,967 Vivint Smart Home Inc. 51,317 0.01
3,133 Vocera Communications Inc. 178,635 0.03
6,849 Volta Inc. 44,207 0.01
19,566 Vonage Holdings Corp. 357,700 0.05
16,720 Vontier Corp. 451,816 0.08
6,182 Voya Financial Inc. 360,472 0.06
5,461 Vroom Inc. 51,815 0.01
4,421 Vuzix Corp. 33,706 0.01
4,084 Wabash National Corp. 70,102 0.01
2,770 Walker & Dunlop Inc. 367,515 0.06
3,617 Warrior Met Coal Inc. 81,774 0.01
7,146 Washington Federal Inc. 209,755 0.04
209
(expressed in EUR)

5,355 Washington Real Estate Investment Trust 121,726 0.02
2,120 Washington Trust Bancorp Wash 105,087 0.02
2,462 Waterstone Financial Inc. 47,326 0.01
2,442 Watsco Inc. 671,872 0.11
2,381 Watts Water Technologies Inc. 406,542 0.07
983 WD-40 Company 211,468 0.04
6,671 Webster Financial Corp. 327,567 0.06
1,154 Weis Markets Inc. 66,853 0.01
10,831 Welbilt Inc. 226,392 0.04
14,513 Wendy’s Company 304,375 0.05
4,836 Werner Enterprises Inc. 202,677 0.03
4,788 Wesbanco Inc. 147,320 0.02
4,060 Wesco International Inc. 469,799 0.08
1,600 Westamerica Bancorporation 81,224 0.01
7,261 Western Alliance Bancorp 687,343 0.13
3,024 Westlake Chemical Corp. 258,284 0.04
3,544 WEX Inc. 437,515 0.07
246 White Mountains Insurance Group Limited 219,328 0.04
2,684 Whiting Petroleum Corp. 152,657 0.03
2,697 Willdan Group Inc. 83,481 0.01
5,815 Williams-Sonoma Inc. 864,836 0.15
14,615 WillScot Mobile Mini Holdings Corp. 524,865 0.09
2,347 Wingstop Inc. 356,631 0.05
572 Winmark Corp. 124,887 0.02
3,136 Winnebago Industries 206,603 0.03
5,036 Wintrust Financial Corp. 402,189 0.07
6,332 Wisdomtree Investments Inc. 34,077 0.01
8,389 Wolfspeed Inc. 824,514 0.13
7,753 Wolverine World Wide Inc. 196,416 0.03
4,409 Woodward Governor Company 424,384 0.07
9,524 Workhorse Group Inc. 36,515 0.01
2,905 Workiva Inc. 333,339 0.06
687 World Acceptance Corp. 148,268 0.03
4,890 World Fuel Services Corp. 113,822 0.02
3,836 World Wrestling Entertainment Inc. 166,434 0.03
4,731 Worthington Industries Inc. 227,398 0.04
4,947 WSFS Financial Corp. 218,030 0.04
3,827 WW International Inc. 54,282 0.01
7,586 Wyndham Hotels & Resorts 598,034 0.10
4,600 Xencor Inc. 162,286 0.03
8,991 Xenia Hotels & Resorts Inc. 143,182 0.02
14,283 Xerox Holdings Corp. 284,354 0.04
15,094 Xl Fleet Corp. 43,933 0.01
1,046 Xometry Inc. 47,140 0.01
1,271 XPEL Inc. 76,314 0.01
9,158 Xperi Holding Corp. 152,284 0.03
6,753 XPO Logistics Inc. 459,800 0.08
5,371 Yelp Inc. 171,162 0.03
210
(expressed in EUR)

5,690 YETI Holdings Inc. 414,441 0.07
12,823 Yext Inc. 111,857 0.02
2,148 Y-mAbs Therapeutics Inc. 30,618 0.01
1,198 York Water Company 52,441 0.01
1,558 Zentalis Pharmaceuticals Inc. 115,165 0.02
3,313 Ziff Davis Inc. 322,968 0.06
2,207 Zim Integrated Shipping Services Limited 114,231 0.02
11,736 Zions Bancorporation 651,817 0.11
34,431 Ziopharm Oncology Inc. 33,002 0.01
5,729 Zogenix Inc. 81,864 0.01
1,404 Zumiez Inc. 59,249 0.01
7,857 Zuora Inc. 129,062 0.02
9,514 Zurn Water Solutions Corp. 304,528 0.05
2,696 Zymeworks Inc. 38,856 0.01
72,502 Zynga Inc. 408,031 0.07
347,577,191 58.65
EUR Warrants Equity
18,778 Abengoa SA- Wts * 0 0.00
0 0.00
Total Warrants Equity 0 0.00
Transferable securities and money market instruments dealt in on another regulated market and recently issued transferable securities
EUR Rights
36,072 Faes Farma SA - Right 6,565 0.00
6,565 0.00
USD Rights
4,215 Alder Biopharmaceuticals Inc. - Right § 0 0.00
0 0.00
Total Rights 6,565 0.00
Total Transferable securities and money market instruments dealt in on another regulated market and recently 6,565 0.00
issued transferable securities

EUR Equities
1,107 Bio On SpA§ 0 0.00
0 0.00
GBP Equities
126,020 Thomas Cook Group plc§ 0 0.00
0 0.00
HKD Equities
123,000 British Petroleum Holding§ 0 0.00
0 0.00
*
Stale price.
§
211
(expressed in EUR)
USD Equities
11,629 Achillion Pharmaceuticals§ 0 0.00
0 0.00
Total Equities 0 0.00
EUR Warrants Equity

2,951 Webuild SpA- Wts 2/Aug/30 6,138 0.00
6,138 0.00
SGD Warrants Equity
34,819 Ezion Holdings Limited- Wts 16/Apr/23§ 0 0.00
0 0.00
Total Warrants Equity 6,138 0.00
Total Other transferable securities and money market instruments 6,138 0.00
§
212
Sector % NAV
Banks 6.12
Retail 4.58
Software 4.47
Machinery 2.83
Biotechnology 2.82
Insurance 2.56
Chemicals 2.44
Semiconductors 2.25
Transportation 1.94
Food services 1.49
Real estate 1.28
Apparel 1.16
Home builders 1.11
Food 0.88
Iron and steel 0.83
Medical 0.61
Restaurants 0.46
Beverages 0.45
Advertising 0.43
213
Sector % NAV
Leisure 0.34
Consumer goods 0.28
Lodging 0.26
Media 0.26
Agriculture 0.22
Pipelines 0.21
Stores 0.20
Toys and games 0.19
Gas 0.17
Industrial plants 0.14
Textiles 0.12
Consultants and Agencies 0.12
Savings and Loans 0.11
Plastics and Rubber 0.08
Airlines 0.07
Telephone 0.06
Storage and warehousing 0.04
Merchandising 0.04
Funds - Equities 0.04
Tobacco 0.04
Industrials 0.04
Coal 0.04
Multi Industry 0.03
Tourism 0.03
Public services 0.02
Closed-ended Funds 0.02
Vehicles and Motors 0.02
Machinery - construction and Mining 0.02
Shipbuilding 0.02
Wires and Ropes 0.01
214
(expressed in EUR)
AED Equities
365,193 Abu Dhabi Commercial Bank 745,774 0.12
240,582 Abu Dhabi Islamic Bank 395,691 0.06
8,964 Abu Dhabi National Oil Company for Distribution PJSC 9,164 0.00
926,539 Aldar Properties PJSC 885,059 0.14
210,440 Dubai Islamic Bank PJSC 271,048 0.04
834,291 Emaar Properties PJSC 976,703 0.15
201,739 Emirates NBD Bank PJSC 654,433 0.10
77,081 Emirates Telecom Corp. 584,982 0.09
152,772 First Abu Dhabi Bank PJSC 689,065 0.11
5,211,919 0.81
BRL Equities
2,000 Alpargatas SA 11,689 0.00
143,000 Ambev SA 348,119 0.05
24,143 Americanas SA 120,368 0.02
141,002 Atacadao SA 339,471 0.05
453,609 B3 SA Brasil Bolsa Balcao 797,764 0.13
478,292 Banco Bradesco SA Pfd 1,450,534 0.23
171,712 Banco Bradesco SA 438,889 0.07
109,908 Banco BTG Pactual SA 364,381 0.06
173,033 Banco do Brasil SA 788,102 0.12
41,321 Banco Santander Brasil SA 195,573 0.03
69,397 BB Seguridade Participacoes SA 227,335 0.04
14,900 Braskem SA Pfd 135,563 0.02
156,448 BRF SA 556,219 0.09
23,800 Centrais Eletricas Brasileiras SA 125,534 0.02
17,000 Centrais Eletricas Brasileiras SA Pfd 88,594 0.01
230,968 Companhia de Concessoes Rodoviarias 422,612 0.08
22,800 Companhia de Saneamento Basico do Estado de Sao Paulo 144,628 0.02
62,084 Companhia Energetica de Minas Gerais Pfd 128,496 0.02
107,255 Companhia Siderurgica Nacional SA 423,147 0.07
118,580 Cosan SA Industria e Comercio 406,049 0.06
21,538 Energisa SA 150,870 0.02
17,500 Engie Brasil Energia SA 106,118 0.02
85,470 Equatorial Energia SA 305,086 0.05
47,833 Gerdau SA Pfd 205,855 0.03
63,590 Hapvida Participacoes e Investimentos SA 104,206 0.02
60,908 Hypera SA 271,836 0.04
472,181 Itau Unibanco Holding SA 1,561,708 0.25
173,200 Klabin SA 701,636 0.10
47,262 Localiza Rent a Car 395,453 0.06
100,084 Lojas Renner SA 386,165 0.06
257,340 Magazine Luiza SA 293,327 0.05
40,901 Natura & Company Holding SA 164,206 0.03
31,170 Notre Dame Intermedica Participacoes 296,976 0.05
592,800 Petroleo Brasileiro SA Pfd 2,662,551 0.42
452,246 Petroleo Brasileiro SA 2,191,899 0.35
124,507 Raia Drogasil SA 477,647 0.08
215
(expressed in EUR)
BRL Equities (continued)

246,165 Rumo SA 690,203 0.11
70,849 Suzano Papel e Celulose SA 672,338 0.10
18,602 Telefonica Brasil SA 141,522 0.02
417,286 TIM SA 866,297 0.14
58,814 Totvs SA 265,926 0.04
105,157 Ultrapar Participacoes SA 241,385 0.04
284,178 Vibra Energia SA 960,089 0.15
98,200 Weg SA 511,293 0.08
10,902 XP Inc. 276,224 0.04
22,413,883 3.54
CLP Equities
551,833 Banco de Chile 37,919 0.01
5,184 Banco de Credito e Inversiones SA 133,205 0.02
1,619,970 Banco Santander Chile SA 57,279 0.01
405,724 Cencosud SA 596,866 0.09
191,112 Empresas CMPC SA 281,739 0.04
32,668 Empresas Copec SA 222,114 0.04
964,765 Enel Americas SA 92,627 0.01
60,867 Falabella SA 174,623 0.03
1,596,372 0.25
CNH Equities
52,600 360 Security Technology Inc. 92,522 0.01
11,600 Addsino Company Limited 26,788 0.00
18,000 AECC Aero-Engine Control Company Limited 75,370 0.01
8,300 AECC Aviation Power Company Limited 72,836 0.01
16,207 Aier Eye Hospital Group Company Limited - A 94,757 0.01
5,000 Angel Yeast Company Limited 41,734 0.01
1,200 Anhui Gujing Distillery Company Limited 40,489 0.01
5,200 Anhui Honglu Steel Construction Group Company Limited - A 38,499 0.01
5,600 Anhui Kouzi Distillery Company Limited 54,881 0.01
14,593 Apeloa Pharmaceutical Company Limited 70,811 0.01
1,400 Asymchem Laboratories Tianjin Company Limited 84,215 0.01
4,200 Autobio Diagnostics Company Limited 31,978 0.01
10,900 Avary Holding Shenzhen Company Limited 63,954 0.01
32,900 AVIC Electromechanical Systems Company Limited 82,710 0.01
66,500 AVIC Industry-Finance Holdings Company Limited 36,508 0.01
5,200 Avicopter plc 57,742 0.01
95,000 Bank of Beijing Company Limited - A 58,328 0.01
58,500 Bank of Chengdu Company Limited 97,075 0.02
88,300 Bank of Hangzhou Company Limited 156,538 0.02
222,170 Bank of Jiangsu Company Limited 179,112 0.03
143,700 Bank of Nanjing Company Limited 178,047 0.03
38,830 Bank of Ningbo Company Limited 205,546 0.03
63,900 Bank of Shanghai Company Limited - A 63,003 0.01
113,300 Baoshan Iron & Steel Company Limited 112,179 0.02
11,200 Beijing Dabeinong Technology Group Company Limited 16,247 0.00
1,258 Beijing Kingsoft Office Software Inc. 46,100 0.01
20,300 Beijing New Building Materials plc 100,580 0.02
216
(expressed in EUR)
CNH Equities (continued)

66,500 Beijing Originwater Technology Company Limited 66,118 0.01
400 Beijing Roborock Technology Company Limited 44,970 0.01
6,160 Beijing Shiji Information Technology Company Limited 24,481 0.00
7,700 Beijing Shunxin Agriculture Company Limited 40,653 0.01
15,500 Beijing Sinnet Technology Company Limited 31,808 0.01
1,200 Beijing Wantai Biological Pharmacy Enterprise Company Limited 36,756 0.01
102,900 Beijing-Shanghai High Speed Railway Company Limited 68,728 0.01
3,000 Betta Pharmaceuticals Company Limited 33,118 0.01
3,400 BGI Genomics Company Limited 41,280 0.01
248,700 BOE Technology Group Company Limited 173,675 0.03
16,800 BY-Health Company Limited 62,632 0.01
17,100 C&S Paper Company Limited 39,513 0.01
43,400 Caitong Securities Company 66,737 0.01
6,100 Chacha Food Company Limited 51,759 0.01
2,400 Changchun High & New Technology Industry Group Inc. 90,072 0.01
90,300 Changjiang Securities Company Limited 94,152 0.01
2,400 Changzhou Xingyu Automotive Lighting Systems Company Limited 67,787 0.01
6,600 Chaozhou Three-Circle Group Company Limited 40,705 0.01
20,000 Chifeng Jilong Gold Mining 41,208 0.01
33,100 China Cssc Holdings Limited 113,468 0.02
24,800 China Great Wall Securities Company Limited 44,411 0.01
15,600 China Greatwall Technology Group Company Limited 30,546 0.00
27,987 China Jushi Company Limited 70,437 0.01
69,200 China Merchants Shekou Industrial Zone Holdings Company Limited 127,653 0.02
49,700 China National Chemical Engineering Company Limited 82,472 0.01
15,100 China National Medicines Corp. Limited 65,837 0.01
15,900 China Resources Sanjiu Medical & Pharmaceutical Company Limited 75,284 0.01
267,400 China State Construction Engineering Corp. Limited - A 184,885 0.03
5,400 China Tourism Group Duty Free Corp Limited 163,840 0.03
11,700 China TransInfo Technology Company Limited 24,188 0.00
59,000 China Yangtze Power Company Limited 185,203 0.03
1,400 Chongqing Brewery Company Limited 29,295 0.00
53,340 Chongqing Changan Automobile Company Limited 112,042 0.02
4,300 Chongqing Zhifei Biological Products 74,090 0.01
7,100 Contemporary Amperex Technology Company Limited - A 577,306 0.09
4,440 Dashenlin Pharmaceutical Group Company Limited 25,855 0.00
33,500 DHC Software Company Limited 36,133 0.01
13,400 Dong-E-E-Jiao Company Limited 90,334 0.01
47,900 Dongxing Securities Company Limited 77,035 0.01
25,320 East Money Information Company Limited 129,934 0.02
5,600 Eve Energy Company Limited 91,517 0.02
48,400 Fangda Carbon New Material Company Limited 72,417 0.01
20,755 FAW Jiefang Group Company Limited 29,533 0.00
23,500 Fiberhome Telecommunication Technologies Company Limited 58,429 0.01
72,000 First Capital Securities Company Limited 72,881 0.01
74,100 Focus Media Information Technology Company Limited 83,921 0.01
10,400 Foshan Haitian Flavouring & Food Company Limited 151,164 0.02
64,800 Founder Securities Company Limited 70,252 0.01
217
(expressed in EUR)

27,600 Fujian Sunner Development Company Limited 92,248 0.01
1,200 G-Bits Network Technology Xiamen Company Limited 70,002 0.01
134,900 GEM Company Limited 193,073 0.03
65,300 Gemdale Corp. 117,118 0.02
23,000 Giant Network Group Company Limited 38,071 0.01
2,380 Gigadevice Semiconductor Beijing Inc. 57,875 0.01
13,800 GoerTek Inc. 103,240 0.02
10,400 Gotion High-tech Company Limited 73,705 0.01
150,885 Greenland Holdings Corp. Limited 90,554 0.01
50,600 GRG Banking Equipment Company Limited 83,266 0.01
8,800 Guangdong Haid Group Company Limited 89,198 0.01
2,000 Guangdong Kinlong Hardware Products Company Limited 50,222 0.01
126,100 Guanghui Energy Company Limited 114,042 0.02
24,200 Guangzhou Haige Company Group Inc. 36,543 0.01
6,100 Guangzhou Shiyuan Electronic Technology Company Limited 68,663 0.01
31,320 Guangzhou Yuexiu Financial Holdings Group Company Limited 37,680 0.01
41,600 Guosen Securities Company Limited 66,040 0.01
29,510 Guoyuan Securities Company Limited 31,422 0.00
29,000 Haier Smart Home Company Limited - A 119,866 0.02
8,000 Hang Zhou Great Star Industrial Company Limited 33,752 0.01
2,280 Hangzhou First Applied Material Company Limited 41,161 0.01
6,600 Hangzhou Oxygen Plant Group Company Limited 27,389 0.00
16,000 Hangzhou Robam Appliances Company Limited 79,696 0.01
3,300 Hefei Meiya Optoelectronic Technology Inc. 17,094 0.00
8,400 Heilongjiang Agriculture Company Limited 16,913 0.00
25,242 Henan Shuanghui Investment & Development Company Limited 110,127 0.02
34,800 Hengli Petrochemical Company Limited 110,538 0.02
44,400 Hengyi Petrochemical Company Limited 65,205 0.01
226,482 Hesteel Company Limited 77,044 0.01
3,200 Hithink RoyalFlush Information Network Company Limited 63,978 0.01
7,900 Hongfa Technology Company Limited 81,540 0.01
15,500 Huadong Medicine Company 86,164 0.01
27,300 Huafon Chemical Company Limited 39,412 0.01
11,400 Huagong Tech Company Limited 43,919 0.00
6,500 Hualan Biological Engineering Inc. 26,192 0.00
41,900 Huaxi Securities Company Limited 57,072 0.01
90,900 Huaxia Bank Company Limited - A 70,392 0.01
31,200 Huaxin Cement Company Limited 83,269 0.01
40,500 Huayu Automotive Systems Company Limited 158,494 0.03
12,200 Humanwell Healthcare Group Company Limited 37,992 0.00
193,900 Hunan Valin Steel Company Limited - A 137,015 0.02
3,780 Hundsun Technologies Inc. 32,487 0.01
7,800 Iflytek Company Limited - A 56,638 0.01
600 Imeik Technology Development Company Limited 44,481 0.01
121,651 Industrial Bank Company Limited - A 320,297 0.05
75,100 Industrial Securities Company Limited 102,605 0.02
4,000 Ingenic Semiconductor Company Limited 74,120 0.01
78,200 Inner Mongolia Junzheng Energy & Chemical Industry Group Company Limited 56,556 0.01
218
(expressed in EUR)

23,100 Inner Mongolia Yili Industrial Group Company Limited - A 132,438 0.02
9,900 Inspur Electronic Information Industry Company Limited 49,052 0.01
3,700 Ja Solar Technology Company Limited 47,430 0.01
5,300 Jafron Biomedical Company Limited 39,064 0.01
4,400 Jason Furniture Hangzhou Company Limited 46,948 0.01
15,100 Jcet Group Company Limited 64,772 0.01
5,500 Jiangsu Hengli Hydraulic Company Limited 62,214 0.01
21,720 Jiangsu Hengrui Medicine Company - A 152,308 0.02
5,600 Jiangsu King’s Luck Brewery JSC Limited 42,127 0.01
8,700 Jiangsu Yanghe Brewery Joint-Stock Company Limited 198,181 0.03
6,000 Jiangsu Yangnong Chemical Company Limited 108,857 0.02
11,400 Jiangsu Yuyue Medical Equipment & Supply Company Limited 59,589 0.01
71,400 Jiangsu Zhongtian Technology Company Limited 167,454 0.03
53,200 Jiangxi Zhengbang Technology Company Limited 71,066 0.01
19,500 Jinke Properties Group Company Limited 12,080 0.00
1,100 Jiugui Liquor Company Limited 32,324 0.01
44,100 Joincare Pharmaceutical Group Industry Company Limited 78,302 0.01
31,600 Jointown Pharmaceutical Group Company Limited 64,323 0.01
5,500 Jonjee High-Tech Industrial and Commercial Group 28,878 0.00
3,500 Juewei Food Company Limited 33,071 0.01
17,900 Kingfa Sci & Tech Company Limited 31,139 0.00
30,993 Kunlun Tech Company Limited 99,217 0.02
3,998 Kweichow Moutai Company Limited - A 1,133,359 0.18
5,900 Laobaixing Pharmacy Chain JSC 40,288 0.01
20,900 LB Group Company Limited 82,629 0.01
41,000 Lens Technology Company Limited 130,288 0.02
8,000 Lepu Medical Technology Beijing Company Limited - A 25,035 0.00
24,700 Leyard Optoelectronic Company Limited 35,010 0.01
42,900 Lingyi iTech Guangdong Company 43,662 0.01
17,920 Longi Green Energy Technology Company Limited - A 213,607 0.03
26,500 Luxi Chemical Group Company Limited 55,920 0.01
25,200 Luxshare Precision Industry Company Limited 171,449 0.03
6,500 Luzhou Laojiao Company Limited 228,189 0.04
12,400 Mango Excellent Media Company Limited 98,116 0.02
25,393 Meinian Onehealth Healthcare Holdings Company Limited 27,565 0.00
29,800 Ming Yang Smart Energy Group Limited 107,554 0.02
22,618 Muyuan Foodstuff Company Limited 166,894 0.03
13,130 Nanjing King-Friend Biochemical Pharmaceutical Company Limited 76,258 0.01
51,600 Nanjing Securities Company Limited 70,712 0.01
23,640 Nari Technology Company Limited 130,859 0.02
25,550 NavInfo Company Limited 56,248 0.01
35,700 New Hope Liuhe Company Limited 75,088 0.01
13,300 Ninestar Corp. 87,839 0.01
33,200 Ningbo Joyson Electronic Corp. 100,865 0.02
3,500 Ningbo Tuopu Group Company Limited 25,652 0.00
32,700 Ningxia Baofeng Energy Group Company Limited 78,500 0.01
32,800 Northeast Securities Company Limited 39,823 0.01
70,100 Offshore Oil Engineering Company Limited 44,688 0.01
219
(expressed in EUR)

17,100 OFILM Group Company Limited 22,937 0.00
3,300 Oppein Home Group Inc. 67,310 0.01
3,200 Ovctek China Inc. 25,387 0.00
151,600 Pangang Group Vanadium Titanium & Resources Company Limited 81,549 0.01
10,400 Perfect World Company LimitedC 29,209 0.00
113,644 Ping An Bank Company Limited - A 258,985 0.04
37,600 Poly Developments and Holdings Group Company Limited 81,268 0.01
116,200 Power Construction Corp. of China Limited 129,834 0.02
72,600 Qingdao Rural Commercial Bank Corp. 38,752 0.01
76,600 RiseSun Real Estate Development 46,077 0.01
45,450 Rongsheng Petro Chemical Company Limited 114,135 0.02
48,300 Saic Motor Corp. - A 137,790 0.02
1,500 Sangfor Technologies Inc. 39,618 0.01
42,400 Sany Heavy Industry Company Limited 133,681 0.02
6,700 Satellite Chemical Company Limited 37,088 0.01
37,800 SDIC Power Holdings Company Limited 59,955 0.01
104,200 Sealand Securities Company Limited 59,222 0.01
40,100 Seazen Holdings Company Limited 161,531 0.03
17,597 SF Holding Investment Limited - A 167,708 0.03
147,200 Shaanxi Coal Industry Company Limited - A 248,335 0.04
21,343 Shandong Buchang Pharmaceuticals Company 62,245 0.01
14,300 Shandong Hualu Hengsheng Chemical Company Limited 61,894 0.01
11,400 Shandong Linglong Tyre Company 57,619 0.01
266,300 Shandong Nanshan Aluminum Company Limited 173,445 0.03
40,300 Shandong Sun Paper Industry 64,032 0.01
3,120 Shanghai Baosight Software Company 26,245 0.00
89,600 Shanghai Construction Group Company Limited 44,605 0.01
5,300 Shanghai International Airport 34,219 0.01
30,900 Shanghai International Port Group 23,416 0.00
3,300 Shanghai Jahwa United Company Limited 18,441 0.00
4,200 Shanghai Jinjiang International Hotels Development Company Limited 34,034 0.01
5,200 Shanghai M&G Stationery Inc. 46,387 0.01
171,900 Shanghai Pudong Development Bank Company Limited - A 202,766 0.03
3,000 Shanghai Putailai New Energy Technology Company Limited 66,629 0.01
61,800 Shanghai RAAS Blood Products Company Limited 58,283 0.01
33,700 Shanghai Yuyuan Tourist Mart Group Company Limited 48,000 0.01
11,500 Shanghai Zhangjiang High-Tech Park Development Company Limited 23,949 0.00
81,900 Shanxi Coking Coal Energy Group Company Limited 93,661 0.01
51,000 Shanxi Lu’an Environmental Energy Development Company Limited 79,763 0.01
30,200 Shanxi Meijin Energy Company Limited 67,779 0.01
67,700 Shanxi Securities Company Limited 61,788 0.01
85,300 Shanxi Taigang Stainless Steel Company Limited - A 83,041 0.01
4,200 Shanxi Xinghuacun Fen Wine Factory Company Limited 183,402 0.03
11,100 Shenghe Resources Holding Company Limited 30,116 0.00
11,900 Shengyi Technology Company Limited 38,753 0.01
2,400 Shennan Circuits Company Limited 40,430 0.01
3,200 Shenzhen Goodix Technology Company 47,689 0.01
9,300 Shenzhen Inovance Technology Company Limited - A 88,222 0.01
220
(expressed in EUR)

24,200 Shenzhen Kaifa Technology Company 53,008 0.01
2,000 Shenzhen Kangtai Biological Products Company Limited 27,253 0.00
3,100 Shenzhen Mindray Bio-Medical Electronics Company Limited 163,241 0.03
61,400 Shenzhen Mtc Company Limited 41,264 0.01
129,000 Shenzhen Overseas Chinese Town Company Limited - A 125,584 0.02
4,600 Shenzhen Salubris Pharmaceuticals Company 17,378 0.00
7,000 Shenzhen Sunway Communication Company 24,509 0.00
34,580 Shijiazhuang Yiling Pharmaceutical Company 93,724 0.01
32,400 Sichuan Kelun Pharmaceutical Company 84,814 0.01
43,200 Sinolink Securities Company Limited 67,684 0.01
9,400 Sinoma Science & Technology Company Limited 44,221 0.01
15,000 Songcheng Performance Development Company Limited 29,703 0.00
57,800 SooChow Securities Company Limited 70,816 0.01
27,600 Southwest Securities Company Limited 20,190 0.00
1,900 Sungrow Power Supply Company Limited 38,307 0.01
175,131 Suning.com Company Limited 99,777 0.02
12,400 Sunwoda Electronic Company Limited 72,292 0.01
24,100 Suzhou Dongshan Precision Manufacturing Company Limited 90,314 0.01
500 Suzhou Maxwell Technologie 44,410 0.01
61,300 TBEA Company Limited 179,454 0.02
182,600 TCL Technology Group Corp. 155,796 0.02
3,200 Thunder Software Technology Company - A 61,252 0.01
14,100 Tianjin Zhonghuan Semiconductor Company Limited 81,404 0.01
31,100 Tianma Microelectronics Company Limited 55,994 0.01
25,700 Tianshui Huatian Technology Company 45,170 0.01
8,400 Toly Bread Company Limited 32,989 0.01
12,500 TongFu Microelectronics Company Limited 33,586 0.01
56,800 Tongkun Group Company Limited 166,358 0.03
268,100 Tongling Nonferrous Metals Group Company Limited 129,017 0.02
17,900 Tongwei Company Limited 111,288 0.02
1,800 Topchoice Medical Investment Corp. 49,533 0.01
15,000 Topsec Technologies Group Inc. 39,763 0.01
36,900 Transfar Zhilian Company Limited 44,393 0.01
3,100 Unigroup Guoxin Microelectronics Company Limited 96,453 0.02
23,720 Unisplendour Corp. Limited 74,950 0.01
20,200 Universal Scientific Industrial Shanghai Company Limited - A 44,861 0.01
5,100 Walvax Biotechnology Company Limited 39,635 0.01
15,600 Wanhua Chemical Group Company Limited 217,879 0.03
5,052 Weihai Guangwei Composites Company 59,018 0.01
66,600 Wens Foodstuffs Group Company Limited 177,378 0.03
63,100 Western Securities Company Limited 70,416 0.01
3,200 Will Semiconductor Limited 137,518 0.02
4,000 Wingtech Technology Company Limited 71,520 0.01
13,400 Winning Health Technology Group 31,056 0.00
75,100 Wuchan Zhongda Group Company 61,480 0.01
5,040 Wuhan Guide Infrared Company 16,873 0.00
6,700 Wuhu Sanqi Interactive Entertainment 25,034 0.00
58,200 Wuhu Token Science Company 106,879 0.02
221
(expressed in EUR)

15,300 Wuliangye Yibin Company Limited - A 471,090 0.07
13,640 WUS Printed Circuit Kunshan 31,273 0.00
86,200 XCMG Construction Machinery Company Limited 71,401 0.01
83,800 Xiamen C & D Inc. 105,105 0.02
10,030 Xiamen Intretech Inc. 47,199 0.01
25,600 Xiamen Tungsten Company Limited 80,112 0.01
7,900 Yantai Eddie Precision Machinery Company Limited 34,871 0.01
9,200 Yantai Jereh Oilfield Services Group Company Limited - A 50,888 0.01
5,800 Yealink Network Technology Corp. 65,327 0.01
4,680 Yifeng Pharmacy Chain Company Limited 35,665 0.01
53,460 Yintai Gold Company Limited 64,907 0.01
38,300 Yonghui Superstores Company Limited 21,450 0.00
7,100 Yonyou Network Technology Company Limited - A 35,227 0.01
91,200 Youngor Group Company Limited 86,893 0.01
45,700 Yto Express Group Company Limited 105,410 0.02
30,900 Yunda Holding Company Limited 87,425 0.01
20,500 Yunnan Aluminium Company Limited 31,665 0.00
6,300 Yunnan Baiyao Group Company 91,170 0.01
3,100 Yunnan Energy New Material - A 107,341 0.02
1,200 Zhangzhou Pientzehuang Pharmaceutical Company 72,541 0.01
24,000 Zhefu Holding Group Company Limited 23,630 0.00
58,700 Zhejiang Century Huatong Group 68,104 0.01
54,100 Zhejiang China Commodities City Group Company Limited 36,284 0.01
26,400 Zhejiang Chint Electrics Company 196,735 0.03
18,700 Zhejiang Dahua Technology Company Limited 60,717 0.01
5,400 Zhejiang Dingli Machinery Company Limited 59,933 0.01
19,500 Zhejiang Huahai Pharmaceutical Company 58,407 0.01
10,200 Zhejiang Huayou Cobalt Company Limited 155,591 0.02
68,800 Zhejiang Juhua Company Limited 122,825 0.02
65,800 Zhejiang Longsheng Group Company 114,921 0.02
27,600 Zhejiang NHU Company Limited 118,773 0.02
21,000 Zhejiang Sanhua Intelligent Controls 73,470 0.01
32,100 Zhejiang Semir Garment Company Limited 34,313 0.01
1,700 Zhejiang Supor Cookware Company 14,632 0.00
22,700 Zhejiang Weixing New Building 76,342 0.02
20,500 Zheshang Securities Company Limited 37,363 0.01
6,300 Zhongji Innolight Company Limited 37,025 0.01
12,100 Zhuzhou Kibing Group Company Limited 28,612 0.00
25,337,661 4.02
COP Equities
29,801 Bancolombia SA 223,696 0.04
6,684 Bancolombia SA 46,268 0.01
316,822 Ecopetrol SA 184,360 0.03
84,437 Grupo de Inversiones Suramericana SA 547,965 0.10
37,721 Interconexion Electrica SA 182,780 0.03
1,185,069 0.21
222
(expressed in EUR)
CZK Equities
12,823 Cez AS 426,749 0.07
8,464 Komercni Banka AS 318,467 0.05
6,029 Moneta Money Bank AS 22,745 0.00
767,961 0.12
EUR Equities
77,780 Alpha Services and Holdings SA 83,769 0.01
303,723 Eurobank Ergasias SA 270,739 0.04
1,873 FF Group *
899 0.00
18,507 Greek Organisation of Football Prognostics SA 230,782 0.04
37,077 Hellenic Telecommunications Organization SA 602,687 0.10
16,744 Jumbo SA 210,974 0.03
1,399,850 0.22
HKD Equities
352,500 3SBio Inc. 258,433 0.04
202,000 AAC Technologies Holdings Inc. 701,741 0.11
552,000 Agile Group Holdings Limited 263,363 0.04
2,747,000 Agricultural Bank of China Limited - H 830,363 0.13
620,000 Air China Limited 380,422 0.06
234,900 Alibaba Group Holding Limited 3,150,210 0.50
108,000 Alibaba Health Information Technology Limited 80,276 0.01
3,180,000 Alibaba Pictures Group Limited 254,660 0.04
52,750 A-Living Services Company Limited 79,131 0.01
1,254,000 Aluminum Corp. of China Limited - H 609,606 0.10
310,000 Anhui Conch Cement Company Limited - H 1,361,896 0.21
86,800 Anta Sports Products Limited 1,144,482 0.17
746,000 AviChina Industry & Technology Company 453,527 0.08
6,752,000 Bank of China Limited - H 2,139,998 0.34
1,310,000 Bank of Communications Company Limited - H 695,932 0.11
640,000 Beijing Capital International Airport Company Limited 344,329 0.05
156,000 Beijing Enterprises Holdings Limited 473,316 0.07
1,346,000 Beijing Enterprises Water Group Limited 460,005 0.07
578,000 Bosideng International Holding Limited 320,099 0.05
972,000 Brilliance China Automotive Holdings Limited* 282,305 0.04
44,500 BYD Company Limited - H 1,338,119 0.21
129,000 Byd Electronic Company Limited 415,404 0.07
451,000 CGN Power Company Limited - H 120,559 0.02
176,000 China Aoyuan Group Limited 27,990 0.00
337,000 China Bohai Bank Company Limited- 114,032 0.02
2,493,000 China Cinda Asset Management - H 399,287 0.06
1,414,000 China Citic Bank Corp. Limited - H 539,065 0.09
750,000 China Communications Services Corp. Limited - H 321,455 0.05
392,000 China Conch Venture Holdings 1,684,557 0.27
8,811,000 China Construction Bank Corp. - H 5,366,531 0.84
138,000 China Education Group Holdings Limited 197,055 0.03
773,000 China Everbright Bank Company Limited - H 240,637 0.04
271,925 China Everbright International Limited 191,999 0.03
385,000 China Feihe Limited 454,221 0.07
*
223
(expressed in EUR)

892,500 China Galaxy Securities Company - H 450,984 0.07
784,600 China Gas Holdings Limited 1,433,634 0.24
567,500 China Hongqiao Group Limited 526,793 0.08
3,136,000 China Huarong Asset Management Company Limited - H* 135,295 0.02
265,200 China International Capital Corporation - H 643,112 0.10
1,558,000 China Jinmao Holdings Group Limited 423,506 0.07
287,000 China Lesso Group Holdings Limited 362,556 0.06
514,000 China Life Insurance Company Limited - H 749,032 0.12
35,400 China Literature Limited 195,647 0.03
208,000 China Longyuan Power Group Corp. 426,982 0.07
306,000 China Medical System Holdings Limited 449,373 0.07
32,000 China Meidong Auto Holdings Limited 145,094 0.02
251,000 China Mengniu Dairy Company Limited 1,251,327 0.21
385,029 China Merchants Bank Company Limited - H 2,629,555 0.41
468,568 China Merchants Holdings International Company Limited 750,474 0.12
1,191,340 China Minsheng Banking Corp Limited 400,430 0.06
891,000 China Molybdenum Company Limited 413,042 0.07
1,502,000 China National Building Material Company Limited - H 1,619,580 0.26
516,000 China Oilfield Services Limited 397,507 0.06
1,082,000 China Overseas Land & Investment Limited 2,252,857 0.36
95,000 China Overseas Property Hold 88,614 0.01
606,400 China Pacific Insurance Group Company Limited - H 1,446,586 0.22
229,000 China Power International Development Limited 135,603 0.02
1,000,000 China Railway Group Limited - H 464,699 0.07
718,000 China Resources Cement Holdings Limited 476,996 0.08
112,356 China Resources Enterprise Limited 809,155 0.13
182,000 China Resources Gas Group Limited 904,257 0.14
700,222 China Resources Land Limited 2,590,504 0.40
102,567 China Resources Power Holdings Company Limited 301,942 0.05
801,500 China Shenhua Energy Company Limited - H 1,652,549 0.26
638,000 China Southern Airlines Company Limited 336,056 0.05
224,000 China State Construction International Holdings Limited 244,820 0.04
511,206 China Taiping Insurance Holdings Company Limited 616,956 0.10
10,448,000 China Tower Corp. Limited - H 1,013,459 0.17
796,000 China Traditional Chinese Medicine Action 464,171 0.07
440,003 China Vanke Company Limited - H 900,259 0.14
188,000 China Yuhua Education Corp. Limited 59,161 0.01
362,000 Chinasoft International Limited 414,837 0.06
40,000 Cifi Ever Sunshine Service Group Limited 54,501 0.01
842,877 Cifi Holdings Group Company Limited 445,874 0.07
1,148,000 CITIC Limited 997,028 0.16
329,500 CITIC Securities Company Limited - H 756,301 0.12
690,650 Cosco Shipping Holdings Company Limited - H 1,177,835 0.18
580,053 Cosco Shipping Ports Limited 442,926 0.08
1,934,723 Country Garden Holdings Company Limited 1,510,079 0.24
109,000 Country Garden Services Holdings 574,140 0.09
1,518,800 CSPC Pharmaceutical Group Limited 1,450,970 0.24
321,500 Dali Foods Group Company Limited 147,950 0.02
*
224
(expressed in EUR)

880,000 Dongfeng Motor Group Company Limited - H 643,180 0.10
49,600 ENN Energy Holdings Limited 821,263 0.13
716,000 Far East Horizon Limited 558,848 0.09
14,000 Flat Glass Group Company Limited 62,531 0.01
663,252 Fosun International 629,143 0.10
100,400 Fuyao Glass Industry Group - H 456,366 0.07
8,000 Ganfeng Lithium Company Limited 110,716 0.02
802,000 Geely Automobile Holdings Limited 1,926,765 0.30
14,000 Genscript Biotech 54,478 0.01
318,000 GF Securities Company Limited - H 532,992 0.08
1,349,427 GOME Retail Holdings Limited 100,454 0.02
182,000 Great Wall Motor Company Limited - H 550,150 0.09
183,500 Greentown China Holdings Limited 259,956 0.04
148,000 Greentown Service Group Company 120,190 0.02
176,000 Guangdong Investment Limited 196,726 0.03
742,800 Guangzhou Automobile Group Company Limited 644,277 0.10
506,800 Guangzhou R&f Properties Company Limited - H 165,771 0.03
374,400 Haier Smart Home Company Limited - H 1,391,444 0.22
161,000 Haitian International Holdings Limited 393,150 0.06
677,600 Haitong Securities Company Limited - H 528,112 0.08
1,800 Hangzhou Tigermed Consulting Company Limited - H 20,099 0.00
74,000 Hansoh Pharmaceutical Group Company Limited 158,584 0.03
169,000 Hengan International Group Company Limited 765,327 0.12
123,560 Hopson Development Holdings Limited 226,607 0.04
82,000 Hua Hong Semiconductor Limited 397,701 0.06
35,000 Huabao International Holdings Limited 56,847 0.01
212,000 Huaneng Power International Inc. - H 124,580 0.02
287,800 Huatai Securities Company Limited - H 421,347 0.07
6,092,000 Industrial & Commercial Bank of China - H 3,023,342 0.48
37,000 Innovent Biologics Inc. 201,360 0.03
80,000 Jiangsu Expressway Company Limited 72,096 0.01
380,000 Jiangxi Copper Company Limited - H 534,900 0.08
42,000 Jiumaojiu International Holdings Limited 64,900 0.01
220,000 Kingboard Chemical Holdings Limited 941,693 0.15
281,000 Kingboard Laminates Holdings Limited 420,266 0.07
112,000 Kingdee International Software Group Company Limited 303,182 0.05
270,800 Kingsoft Corp. Limited 1,046,126 0.17
1,174,000 Kunlun Energy Company Limited 967,966 0.15
469,500 KWG Group Holdings Limited 270,073 0.04
388,000 Lee & Man Paper Manufacturing Limited 237,195 0.04
1,638,000 Lenovo Group Limited 1,655,376 0.26
150,000 Li Ning Company Limited 1,444,007 0.22
408,000 Logan Group Company Limited 274,272 0.04
399,000 Longfor Properties Company Limited 1,651,633 0.26
123,700 Meituan Dianping 3,144,838 0.50
18,014 Microport Scientific Corp. 57,704 0.01
208,000 Minth Group Limited 805,870 0.13
316,000 MMG Limited 89,105 0.01
225
(expressed in EUR)

256,800 New China Life Insurance Company - H 603,915 0.10
596,000 Nine Dragons Paper Holdings Limited 562,660 0.09
1,150,000 People’s Insurance Company - H 306,115 0.05
900 Pharmaron Beijing Company Limited 12,212 0.00
1,680,496 Picc Property & Casualty Company Limited - H 1,207,401 0.18
15,300 Ping An Healthcare & Technology Company Limited 48,924 0.01
586,500 Ping An Insurance Group Company of China Limited 3,714,434 0.58
908,000 Postal Savings Bank of China Company Limited - H 560,206 0.09
268,000 Powerlong Real Estate Holdings Limited 123,330 0.02
141,000 Sany Heavy Equipment International Holdings Company Limited 119,913 0.02
524,000 Seazen Group Limited 311,470 0.05
96,250 Shandong Gold Mining Company Limited - H 144,821 0.02
400,000 Shandong Weigao Group Medical Polymer Company Limited 438,983 0.07
88,500 Shanghai Fosun Pharmaceutical Group Company Limited 342,882 0.05
204,000 Shanghai Pharmaceuticals Holding Company Limited - H 340,079 0.05
317,603 Shenzhen International Holdings Limited 290,165 0.05
58,400 Shenzhou International Group Holdings Limited 987,391 0.16
389,000 Shimao Property Holdings Limited 223,766 0.04
1,699,250 Sino Biopharmaceutical 1,046,465 0.18
423,200 Sinopharm Group Company - H 809,555 0.13
186,500 Sinotruk Hong Kong Limited 252,426 0.04
439,500 Sun Art Retail Group Limited 155,159 0.02
793,000 Sunac China Holdings Limited 1,053,643 0.18
52,900 Sunny Optical Technology Group Company Limited 1,471,376 0.24
312,300 Tencent Holdings Limited 16,090,619 2.54
410,000 Tingyi Cayman Islands Holding Corp. 740,834 0.12
127,600 Tongcheng-Elong Holdings Limited 207,823 0.03
159,000 Topsports International Holdings Limited 141,498 0.02
197,000 Travelsky Technology Limited 291,524 0.05
74,000 Tsingtao Brewery Company Limited - H 609,297 0.10
302,000 Uni-President China Holdings Limited 257,516 0.04
72,000 Vinda International Holdings 154,298 0.02
999,000 Want Want China Holdings Limited 806,776 0.12
377,800 Weichai Power Company Limited - H 650,266 0.10
347,000 Wharf Holdings Limited 937,367 0.15
18,240 Wuxi AppTec Company Limited 277,736 0.05
116,000 Wuxi Biologics Cayman Inc. 1,210,901 0.19
1,274,600 Xiaomi Corp. - B 2,717,129 0.42
228,614 Xinjiang Goldwind Science & Technology Company Limited 392,457 0.06
720,583 Xinyi Solar Holdings Limited 1,074,459 0.16
84,000 Yadea Group Holdings Limited 144,012 0.02
696,000 Yankuang Energy Group Company Limited 1,216,790 0.19
38,000 Yihai International Holding Limited 154,512 0.02
483,200 Yuexiu Property Company Limited 374,419 0.06
66,000 Zhejiang Expressway Company Limited 51,737 0.01
97,500 ZhongAn Online P&C Insurance Company Limited 298,022 0.05
90,000 Zhongsheng Group Holdings Limited 617,193 0.10
134,900 Zhuzhou CSR Times Electric Company Limited 686,980 0.11
226
(expressed in EUR)

417,600 Zoomlion Heavy Industry Science & Technology Company Limited - H 231,269 0.04
94,600 ZTE Corp. - H 227,805 0.04
137,044,051 21.65
HUF Equities
95,920 MOL Hungarian Oil & Gas plc 655,837 0.10
11,269 OTP Bank plc 507,551 0.08
8,642 Richter Gedeon Nyrt 204,581 0.03
1,367,969 0.21
IDR Equities
6,564,100 Adaro Energy Tbk Pt 911,194 0.15
1,099,400 Aneka Tambang Tbk Pt 152,613 0.02
2,595,500 Astra International Tbk Pt 912,743 0.13
3,496,500 Bank Central Asia Tbk Pt 1,574,741 0.25
2,040,100 Bank Mandiri Tbk Pt 884,200 0.14
1,209,600 Bank Negara Indonesia Tbk Pt 503,731 0.08
5,797,595 Bank Rakyat Indonesia 1,470,085 0.23
1,427,400 Barito Pacific Tbk Pt 75,295 0.01
695,400 Charoen Pokphand Indonesia Tbk Pt 255,272 0.04
188,200 Gudang Garam Tbk Pt 355,299 0.06
858,700 Indah Kiat Pulp & Paper Corp. 414,552 0.07
249,900 Indocement Tunggal Prakarsa Tbk Pt 186,554 0.03
324,400 Indofood Cbp Sukses Makmur Tbk Pt 174,122 0.03
1,658,300 Indofood Sukses Makmur Tbk Pt 647,107 0.10
3,314,300 Kalbe Farma Tbk Pt 330,230 0.05
524,700 Merdeka Copper Gold Tbk Pt 125,925 0.02
1,497,100 Sarana Menara Nusantara Tbk Pt 103,910 0.02
1,044,800 Semen Indonesia Persero Tbk PT 467,330 0.07
1,484,300 Telkom Indonesia Persero Tbk PT 369,961 0.06
239,200 Tower Bersama Infrastructure Tbk Pt 43,535 0.01
500,000 Unilever Indonesia Tbk Pt 126,784 0.02
565,400 United Tractors Tbk Pt 772,649 0.12
10,857,832 1.71
INR Equities
20,077 ACC Limited 526,223 0.08
9,327 Adani Green Energy Limited 146,766 0.02
21,645 Adani Transmissions Limited 445,727 0.07
184,802 Ambuja Cements Limited 825,227 0.13
9,105 Apollo Hospitals Enterprise Limited 539,961 0.09
27,305 Asian Paints Limited 1,092,667 0.17
105,122 Aurobindo Pharma Limited 913,160 0.14
8,666 Avenue Supermarts Limited 478,873 0.08
272,572 Axis Bank Limited 2,187,828 0.35
10,625 Bajaj Auto Limited 408,378 0.06
17,017 Bajaj Finance Limited 1,404,496 0.22
4,284 Bajaj Finserv Limited 831,395 0.13
12,247 Balkrishna Industries Limited 336,592 0.05
139,077 Bandhan Bank Limited 415,729 0.07
227
(expressed in EUR)
INR Equities (continued)

18,433 Berger Paints India Limited 168,276 0.03
303,677 Bharat Electronics Limited 754,185 0.12
38,554 Bharat Forge Limited 318,260 0.05
58,423 Bharat Petroleum Corp. Limited 266,380 0.04
209,720 Bharti Airtel Limited 1,696,363 0.28
14,980 Bharti Airtel Limited 62,489 0.01
45,013 Biocon Limited 194,162 0.03
8,205 Britannia Industries Limited 349,989 0.06
101,087 Cholamandalam Investment and Finance Company Limited 622,275 0.10
91,690 Cipla Limited 1,023,976 0.17
107,787 Coal India Limited 186,216 0.03
10,145 Colgate-Palmolive Company 177,765 0.03
57,076 Container Corp. 414,917 0.07
48,705 Dabur India Limited 334,187 0.05
9,574 Divi’s Laboratories Limited 529,813 0.08
183,002 DLF Limited 845,223 0.13
2,153 Dr Reddys Laboratories Limited - ADR 124,971 0.02
16,930 Eicher Motors Limited 519,069 0.08
643,397 Gail India Limited 983,312 0.16
42,295 Godrej Consumer Products Limited 484,475 0.08
2,313 Godrej Properties Limited 51,214 0.01
96,429 Grasim Industries Limited 1,850,442 0.29
21,149 Havell’s India Limited 349,492 0.06
127,632 Hcl Technologies Limited 1,991,532 0.31
4,835 HDFC Asset Management Company Limited 139,901 0.02
38,096 HDFC Standard Life Insurance Company Limited 292,713 0.05
22,404 Hero Honda Motors Limited 652,501 0.11
527,510 Hindalco Industries Limited 2,967,406 0.48
51,619 Hindustan Lever Limited 1,441,116 0.22
63,162 Hindustan Petroleum Corp. 218,428 0.03
148,137 Housing Development Finance Corp. 4,532,288 0.71
122,800 ICICI Bank Limited 1,075,148 0.17
27,460 ICICI Lombard General Insurance Company Limited 455,162 0.07
24,129 Icici Prudential Life Insurance Company 160,065 0.03
116,229 Indian Oil Corp. Limited 153,299 0.02
21,593 Indraprastha Gas Limited 120,152 0.02
134,210 Indus Towers Limited 394,195 0.06
9,680 Info Edge India Limited 638,561 0.10
129,655 Infosys Technologies Limited 2,895,235 0.46
7,472 Interglobe Aviation Limited 178,325 0.03
323,813 ITC Limited 835,219 0.13
308,973 JSW Steel Limited 2,397,404 0.38
8,607 Jubilant Foodworks Limited 365,619 0.06
77,849 Kotak Mahindra Bank Limited 1,653,993 0.26
46,439 Lupin Limited 522,275 0.08
179,961 Mahindra & Mahindra Limited 1,782,098 0.28
49,824 Marico Limited 302,141 0.05
9,743 Maruti Suzuki India Limited 855,902 0.14
228
(expressed in EUR)

293,299 Motherson Sumi Systems Limited 774,728 0.12
608 MRF Limited 527,452 0.08
35,844 Muthoot Finance Limited 634,157 0.10
2,708 Nestle India Limited 631,234 0.10
323,318 NTPC Limited 475,774 0.08
601 Page Industries Limited 287,367 0.05
293,913 Petronet Lng Limited 752,361 0.11
10,077 PI Industries Limited 361,681 0.06
11,346 Pidilite Industries Limited 330,538 0.05
52,976 Piramal Enterprises Limited 1,656,816 0.26
204,534 Power Grid Corp. of India Limited 494,533 0.08
144,627 Reliance Industries Limited 4,051,431 0.65
11,240 Sbi Cards & Payment Services Limited 123,405 0.02
33,672 SBI Life Insurance Company Limited 476,376 0.08
1,348 Shree Cement Limited 430,330 0.07
84,305 Shriram Transport Finance Company Limited 1,213,651 0.19
6,281 Siemens Limited 175,444 0.03
7,749 SRF Limited 221,835 0.03
107,716 Sun Pharmaceutical Industries Limited 1,077,573 0.18
108,741 Tech Mahindra Limited 2,303,189 0.36
10,441 Torrent Pharmaceuticals Limited 404,912 0.06
10,197 UltraTech Cement Limited 915,639 0.14
32,283 United Spirits Limited 343,021 0.05
207,785 UPL Limited 1,836,296 0.28
351,791 Vedanta Limited 1,419,855 0.23
148,856 Wipro Limited 1,259,607 0.20
73,060,356 11.57
KRW Equities
1,200 Alteogen Inc. 67,197 0.01
2,333 Amorepacific Corp. 288,207 0.05
5,602 Amorepacific Group 183,785 0.03
737 Bgf Retail Company 79,324 0.01
2,146 Celltrion Healthcare Company Limited 127,314 0.02
5,043 Celltrion Inc. 738,630 0.12
438 Celltrion Pharm Inc. 40,306 0.01
7,870 Cheil Worldwide Inc. 133,025 0.02
2,726 CJ Cheiljedang Corp. 781,394 0.12
6,941 CJ Corp. 428,214 0.07
2,357 CJ ENM Company Limited 242,004 0.04
1,805 CJ Logistics Corp. 168,237 0.03
4,603 Coway Company Limited 253,329 0.04
25,235 DB Insurance Company Limited 1,008,022 0.16
11,906 Doosan Bobcat Inc. 358,894 0.06
20,690 Doosan Heavy Industries & Construction Company Limited 312,221 0.05
874 Douzone Bizon Company Limited 47,196 0.01
362 Ecopro Bm Company Limited 134,105 0.02
5,536 E-Mart Company Limited 618,366 0.10
335 Green Cross Corp. 54,022 0.01
229
(expressed in EUR)
KRW Equities (continued)

23,844 GS Engineering & Construction Corp. 698,469 0.11
20,191 GS Holdings Corp. 583,993 0.09
58,086 Hana Financial Group Inc. 1,806,801 0.29
28,919 Hankook Tire Company Limited 849,270 0.13
318 Hanmi Pharm Company Limited 64,925 0.01
16,565 Hanon Systems 164,811 0.03
3,326 HLB Inc. 85,620 0.01
26,075 HMM Company Limited 518,859 0.08
3,187 Hotel Shilla Company Limited 183,886 0.03
21,860 Hyundai Engineering & Construction Company Limited 718,778 0.12
5,651 Hyundai Glovis Company Limited 702,275 0.11
9,269 Hyundai Mobis 1,744,991 0.27
11,323 Hyundai Motor Company 1,750,574 0.28
10,870 Hyundai Robotics Company Limited 431,794 0.07
25,407 Hyundai Steel Company 770,566 0.12
71,488 Industrial Bank of Korea 544,682 0.09
9,401 Kakao Corp. 782,347 0.12
10,195 Kangwon Land Inc. 181,374 0.03
46,990 KB Financial Group Inc. 1,911,793 0.30
31,143 Kia Corp. 1,893,673 0.30
9,197 Korea Aerospace Industries Limited 220,767 0.03
14,472 Korea Investment Holdings Company Limited 863,923 0.14
10,303 Korea Shipbuilding & Offshore Engineering Company Limited 720,987 0.12
2,093 Korea Zinc Company Limited 791,157 0.13
28,448 Korean Air Lines Company Limited 617,636 0.10
16,903 Kt&g Corp. 987,788 0.15
4,864 Kumho Petrochemical 597,275 0.09
2,765 LG Chem Limited P.P. 144A 1,257,891 0.19
12,325 LG Corp. 737,578 0.12
49,997 LG Display Company Limited 909,812 0.14
22,190 LG Electronics Inc. 2,265,213 0.36
614 LG Household & Health Care Limited 498,249 0.07
2,694 LG Innotek Company Limited 725,391 0.11
78,228 LG Uplus Corp. 786,998 0.12
5,053 Lotte Chemical Corp. 811,114 0.13
3,533 Lotte Shopping Company Limited 227,894 0.04
97,465 Meritz Securities Company Limited 371,303 0.06
75,959 Mirae Asset Daewoo Company Limited 486,036 0.08
5,278 Naver Corp. 1,477,774 0.23
943 Ncsoft Corp. 448,534 0.07
950 Netmarble Games Corp. 87,843 0.01
46,303 NH Investment & Securities Company Limited 428,146 0.07
2,377 Orion Corp. 181,988 0.03
64,735 Pan Ocean Company Limited 259,065 0.04
2,673 Pearl Abyss Corp. 273,460 0.04
12,933 Posco 2,626,120 0.41
1,624 Posco Chemical Company Limited 172,990 0.03
2,031 S-1 Corp. 111,027 0.02
230
(expressed in EUR)

473 Samsung Biologics Company Limited 315,952 0.06
11,122 Samsung C&T Corp. 979,045 0.15
6,543 Samsung Electro-Mechanics Company Limited 955,910 0.15
348,392 Samsung Electronics Company Limited 20,179,142 3.17
20,296 Samsung Engineering Company Limited 343,810 0.05
8,825 Samsung Fire & Marine Insurance Company Limited 1,318,678 0.20
139,601 Samsung Heavy Industries Company Limited 585,524 0.09
10,546 Samsung Life Insurance 500,056 0.08
2,398 Samsung Sdi Company Limited 1,161,885 0.17
2,589 Samsung Sds Company Limited 299,722 0.05
19,866 Samsung Securities Company Limited P.P. 144A 659,826 0.10
2,400 Seegene Inc. 108,296 0.02
746 Shin Poong Pharmaceutical Company 17,631 0.00
69,838 Shinhan Financial Group Company Limited 1,901,133 0.29
1,295 SK Chemicals Company Limited 142,734 0.02
48,280 SK hynix Inc. 4,678,550 0.73
5,765 SK Innovation Company Limited P.P. 144A 1,017,092 0.16
2,129 SK Telecom Company Limited 91,186 0.01
704 Skc Company Limited 90,874 0.01
131,427 Woori Financial Group Inc. 1,234,699 0.19
3,059 Yuhan Corp. 140,522 0.02
79,119,499 12.42
MXN Equities
1,563,748 America Movil SAB de CV 1,457,399 0.24
63,672 Arca Continental SAB de CV 357,090 0.06
2,975,696 Cemex SAB de CV 1,788,786 0.29
219,237 Fibra Uno Administracion SA de CV 203,856 0.03
9,500 Fomento Economico Mexicano SAB de CV 65,035 0.01
28,362 Gruma SAB de CV 319,927 0.05
17,938 Grupo Aeroportuario del Pacifico SAB de CV - B 217,481 0.03
199,796 Grupo Bimbo SAB de CV - A 540,596 0.09
82,117 Grupo Carso SAB de CV 233,549 0.04
336,935 Grupo Financiero Banorte SAB de CV 1,925,818 0.30
569,053 Grupo Financiero Inbursa SA 599,550 0.09
729,310 Grupo Televisa SAB 1,208,060 0.18
34,363 Industrias Penoles SAB de CV 347,812 0.05
139,774 Kimberly-Clark de Mexico SA de CV 186,243 0.03
137,474 Megacable Holdings SAB de CV 412,078 0.07
254,622 Orbia Advance Corp. SAB de CV 571,874 0.09
65,046 Promotora y Operadora de Infraestructura SAB de CV 447,191 0.07
36,831 Telesites SAB de CV 33,171 0.01
274,000 Wal-Mart de Mexico SAB de CV 895,840 0.14
11,811,356 1.87
MYR Equities
620,300 Ammb Holdings Bhd 415,054 0.07
340,850 Axiata Group Bhd 299,295 0.05
1,006,894 Cimb Group Holdings Bhd 1,158,306 0.18
231
(expressed in EUR)
MYR Equities (continued)

277,884 Dialog Group Bhd 153,677 0.02
211,900 Digi.Com Bhd 195,012 0.03
16,300 Fraser & Neave Holdings 85,120 0.01
642,300 Genting Bhd 633,137 0.10
721,300 Genting Malaysia Bhd 438,482 0.07
32,800 Hap Seng Consolidated 53,310 0.01
166,900 Hartalega Holdings Bhd 201,862 0.03
47,416 Hong Leong Bank Bhd 186,358 0.03
38,349 Hong Leong Financial Group Bhd 140,361 0.02
153,100 IHH Healthcare Bhd 237,200 0.04
177,900 IOI Corp. Bhd 140,064 0.02
42,300 Kuala Lumpur Kepong Bhd 194,465 0.03
416,581 Malayan Banking Bhd 729,828 0.12
263,317 Malaysia Airports Holdings Bhd 332,371 0.05
134,800 Maxis Bhd 137,999 0.02
210,200 MISC Bhd 312,799 0.05
4,000 Nestle Malaysia Bhd 113,307 0.02
182,100 Petronas Chemicals Group Bhd 342,861 0.05
24,500 Petronas Dagangan Bhd 106,531 0.02
43,900 Petronas Gas Bhd 166,794 0.03
49,280 Ppb Group Bhd 177,873 0.03
268,400 Press Metal Aluminium Holdingin 327,456 0.05
1,353,750 Public Bank Bhd 1,188,707 0.19
68,400 QL Resources Bhd 65,980 0.01
362,359 RHB Bank Bhd 410,730 0.06
828,888 Sime Darby Bhd 405,907 0.06
144,937 Sime Darby Plantation Bhd 115,030 0.02
1,863 Supermax Corp. Bhd 578 0.00
66,495 Telekom Malaysia Bhd 77,196 0.01
157,200 Tenaga Nasional Bhd 309,915 0.05
380,100 Top Glove Corp. Bhd 207,798 0.03
94,900 Westports Holdings Bhd 81,127 0.01
10,142,490 1.59
PHP Equities
128,720 Aboitiz Equity Ventures Inc. 120,867 0.02
16,310 Ayala Corp. 233,732 0.04
573,300 Ayala Land Inc. 362,836 0.06
266,240 Bank of The Philippine Islands 423,089 0.07
369,235 BDO Unibank Inc. 768,552 0.12
2,740 Globe Telecom Inc. 156,969 0.02
29,037 GT Capital Holdings Inc. 270,401 0.04
113,310 International Container Terminal Services Inc. 390,806 0.06
256,714 JG Summit Holdings Inc. 234,633 0.04
36,820 Jollibee Foods Corp. 137,405 0.02
14,430 Manila Electric Company 73,459 0.01
790,900 Metro Pacific Investments Corp. 53,192 0.01
556,268 Metropolitan Bank & Trust 534,321 0.08
3,935 Pldt Inc. 122,961 0.02
232
(expressed in EUR)
PHP Equities (continued)

8,505 SM Investments Corp. 138,309 0.02
539,000 SM Prime Holdings Inc. 315,102 0.05
108,390 Universal Robina Corp. 239,256 0.04
4,575,890 0.72
PLN Equities
22,149 Bank Polska Kasa Opieki SA 589,560 0.09
4,106 Cd Projekt Red SA 172,809 0.03
30,730 Cyfrowy Polsat SA 232,786 0.04
4,305 Dino Polska SA 344,992 0.06
22,429 KGHM Polska Miedz SA 682,161 0.12
122 LPP SA 457,828 0.07
73,207 Orange Polska SA - GDR 134,966 0.02
330,044 PGE Polska Grupa Energetyczna SA 580,535 0.09
52,286 Polski Koncern Naftowy Orlen 848,052 0.13
108,806 Polskie Gornictwo Naftowe i Gazownictwo SA 149,557 0.02
71,223 Powszechna Kasa Oszczednosci Bank Polski SA 698,186 0.11
37,129 Powszechny Zaklad Ubezpieczen SA 286,363 0.05
2,946 Santander Bank Polska SA 224,001 0.04
5,401,796 0.87
QAR Equities
593,383 Barwa Real Estate Company 438,530 0.07
354,379 Commercial Bank of Qatar 577,631 0.09
83,182 Industries Qatar 311,188 0.05
106,248 Masraf Al Rayan 119,064 0.02
442,490 Mesaieed Petrochemical Holding Company 223,354 0.03
242,363 Ooredoo QSC 410,910 0.06
22,773 Qatar Electricity & Water Company 91,300 0.01
83,406 Qatar Fuel Company 368,228 0.06
261,370 Qatar Gas Transport Company Nakilat 208,311 0.03
100,643 Qatar International Islamic Bank 223,865 0.04
110,044 Qatar Islamic Bank 487,160 0.08
237,510 Qatar National Bank SAQ P.P. 144A 1,158,140 0.18
4,617,681 0.72
SAR Equities
3,038 Abdullah Al Othaim Markets 76,991 0.01
13,606 Advanced Petrochemical Company 224,350 0.04
57,527 Al Rajhi Bank 1,910,602 0.30
134,561 Alinma Bank 755,142 0.12
29,480 Almarai Company Limited 336,608 0.05
76,534 Arab National Bank 409,782 0.06
52,799 Bank AlBilad 573,189 0.09
124,376 Bank Al-Jazira 562,233 0.09
73,305 Banque Saudi Fransi 811,256 0.13
6,485 BUPA Arabia for Cooperative Insurance Company 199,585 0.03
8,482 Co for Cooperative Insurance/The 153,965 0.02
167,758 Dar Al Arkan Real Estate Development Company 395,279 0.06
117,456 Emaar Economic City 328,475 0.05
233
(expressed in EUR)
SAR Equities (continued)

141,278 Etihad Etisalat Company 1,030,754 0.17
2,760 Jarir Marketing Company 127,220 0.02
158,665 Mobile Telecommunications Company Saudi Arabia 447,435 0.07
1,378 Mouwasat Medical Services Company 56,095 0.01
98,250 National Industrialization Co 459,320 0.07
16,989 National Petrochemical Co 159,166 0.03
35,980 Rabigh Refining & Petrochemical Co 174,443 0.03
195,728 Riyad Bank 1,242,352 0.20
11,618 SABIC Agri-Nutrients Company 480,556 0.08
109,900 Sahara International Petrochemical Company 1,081,109 0.17
39,176 Saudi Arabian Mining Co-Ma’aden 720,298 0.12
106,311 Saudi British Bank 821,702 0.13
12,822 Saudi Cement Company 164,573 0.03
37,692 Saudi Electricity Company 211,700 0.03
38,956 Saudi Industrial Investment Group 284,220 0.04
232,009 Saudi Kayan Petrochemical Company 924,883 0.15
144,375 Saudi National Bank 2,177,711 0.34
36,996 Saudi Telecom Company 973,965 0.15
48,743 Savola Group 364,759 0.06
22,095 Yanbu National Petrochemicals Company 355,527 0.06
18,995,245 3.01
THB Equities
86,000 Advanced Info Service pcl 520,695 0.08
318,600 Airports of Thailand pcl 511,603 0.08
61,700 B Grimm Power pcl 65,780 0.01
212,100 Bangkok Commercial Asset Management pcl 120,601 0.02
762,000 Bangkok Dusit Medical Services pcl 461,360 0.07
1,219,000 Bangkok Expressway & Metro pcl 271,155 0.04
314,000 Berli Jucker pcl 256,240 0.04
526,100 BTS Group Holdings pcl 129,490 0.02
56,500 Bumrungrad Hospital pcl 209,713 0.03
144,700 Central Pattana pcl 215,216 0.03
239,200 Central Retail Corp. pcl 201,497 0.03
908,760 Charoen Pokphand Foods pcl 610,023 0.10
441,600 CP All pcl 685,864 0.11
9,700 Delta Electronics Thai pcl 105,202 0.02
23,700 Electricity Generating pcl 109,492 0.02
146,300 Energy Absolute pcl 369,720 0.06
45,500 Global Power Synergy pcl 106,301 0.02
38,700 Gulf Energy Development pcl 46,608 0.01
496,559 Home Product Center pcl 189,538 0.03
401,300 Indorama Ventures pcl 456,891 0.07
527,300 Krung Thai Bank pcl 183,227 0.03
136,200 Krungthai Card pcl 212,433 0.03
1,302,400 Land & Houses pcl 301,706 0.05
489,285 Minor International pcl 370,303 0.06
76,300 Muangthai Capital pcl 118,002 0.02
67,900 Osotspa pcl 61,219 0.01
234
(expressed in EUR)
THB Equities (continued)

227,164 PTT Exploration & Production pcl 705,632 0.11
427,700 PTT Global Chemical pcl 661,461 0.10
1,224,600 PTT pcl 1,224,996 0.19
17,900 Siam Cement pcl - NVDR 181,885 0.03
59,200 Siam Cement pcl 601,542 0.08
99,600 Siam Commercial Bank pcl - Reg 332,981 0.05
29,440 Siam Makro Public Company 32,549 0.01
124,700 Sri Trang Gloves Thailand pcl 99,300 0.02
147,100 Srisawad Corp. PCL 239,115 0.04
435,800 Thai Oil pcl 567,871 0.09
798,600 Thai Union Group 409,941 0.06
5,097,937 True Corp. pcl 641,474 0.10
12,588,626 1.97
TRY Equities
647,513 Akbank TAS 308,714 0.05
37,230 Bim Birlesik Magazalar AS 151,122 0.02
202,060 Eregli Demir Ve Celik Fabrikalari Tas 376,781 0.06
6,391 Ford Otomotiv Sanayi AS 100,764 0.02
61,329 Koc Holding AS 115,253 0.02
127,986 Turkcell Iletisim Hizmetleri AS 156,448 0.02
576,071 Turkiye Garanti Bankasi AS 429,908 0.07
317,913 Turkiye Is Bankasi 151,361 0.02
11,503 Turkiye Petrol Rafinerileri AS 117,607 0.02
44,860 Turkiye Sise ve Cam Fabrikalari AS 39,746 0.01
1,947,704 0.31
TWD Equities
43,000 Accton Technology Corp. 355,338 0.06
915,512 Acer Inc. 886,035 0.14
23,620 Advantech Company Limited 297,661 0.05
15,418 Airtac International Group 499,836 0.08
541,597 ASE Technology Holding Company 1,833,265 0.29
645,930 Asia Cement Corp. 909,470 0.14
2,000 Asmedia Technology Inc. 115,691 0.02
125,000 Asustek Computer Inc. 1,493,816 0.24
3,063,000 AU Optronics Corp. 2,229,369 0.35
190,000 Catcher Technology Company Limited 945,077 0.15
1,017,612 Cathay Financial Holding Company Limited 2,021,443 0.31
165,921 Chailease Holding Company Limited 1,389,573 0.22
1,423,678 Chang Hwa Commercial Bank 769,237 0.12
527,620 Cheng Shin Rubber Industry Company Limited 605,380 0.10
3,186,450 China Development Financial Holding Corp. 1,772,330 0.28
172,873 China Development Financial Holding Corp. 52,692 0.01
1,669,089 China Steel Corp. 1,875,289 0.30
161,000 Chunghwa Telecom Company Limited 596,144 0.09
1,660,000 Compal Electronics Inc. 1,276,800 0.20
3,522,662 CTBC Financial Holding Company Limited 2,905,412 0.46
139,516 Delta Electronics Inc. 1,219,429 0.20
235
(expressed in EUR)
TWD Equities (continued)

1,436,955 E.Sun Financial Holding Company Limited 1,281,077 0.20
25,976 Eclat Textile Company Limited 520,956 0.08
513,199 Evergreen Marine Corp. 2,324,341 0.36
908,091 Far Eastern New Century Corp. 845,661 0.13
244,000 Far Eastone Telecommunications Company Limited 500,982 0.08
34,003 Feng Tay Enterprise Company Limited 250,189 0.04
1,562,418 First Financial Holding Company Limited 1,216,642 0.19
410,510 Formosa Chemicals & Fibre Corp. 1,054,228 0.17
74,000 Formosa Petrochemical Corp. 225,554 0.04
286,560 Formosa Plastics Corp. 947,214 0.15
308,269 Foxconn Technology Company Limited 635,878 0.10
1,243,672 Fubon Financial Holding Company Limited 3,015,989 0.48
54,000 Giant Manufacturing Company Limited 592,123 0.09
24,000 Globalwafers Company Limited 677,366 0.10
43,829 Hiwin Technologies Corp. 426,964 0.07
1,092,760 Hon Hai Precision Industry Company Limited 3,612,082 0.56
31,000 Hotai Motor Company Limited 604,964 0.10
1,223,109 Hua Nan Financial Holdings Company Limited 824,139 0.13
3,011,976 InnoLux Display Corp. 1,876,321 0.30
665,000 Inventec Company Limited 527,341 0.08
10,000 Largan Precision Company Limited 783,459 0.12
413,744 Lite-On Technology Corp. 838,980 0.13
112,000 MediaTek Inc. 4,236,082 0.66
1,692,727 Mega Financial Holding Company Limited 1,912,608 0.30
102,000 Micro-Star International Company Limited 520,325 0.08
3,000 Momo.com Inc. 154,944 0.02
383,090 Nan Ya Plastics Corp. 1,039,820 0.16
349,000 Nanya Technology Corp. 866,315 0.14
17,000 Nien Made Enterprise Company Limited 222,881 0.04
68,000 Novatek Microelectronics Corp. Limited 1,164,923 0.18
585,000 Pegatron Corp. 1,284,794 0.20
735,000 Pou Chen Corp. 774,409 0.12
51,000 President Chain Store Corp. 443,330 0.07
291,000 Quanta Computer Inc. 875,875 0.14
40,532 Realtek Semiconductor Corp. 747,180 0.12
520,956 Ruentex Development Company Limited 1,056,382 0.17
663,000 Shanghai Commercial & Savings Bank Limited 995,668 0.16
3,241,677 Shin Kong Financial Holding Company Limited 1,138,496 0.18
4,000 Silergy Corp. 638,845 0.10
2,870,492 Sinopac Financial Holdings Company Limited 1,473,426 0.23
354,550 Synnex Technology International Corp. 745,993 0.12
2,500,923 Taishin Financial Holding Company Limited 1,506,291 0.24
87,715 Taiwan Business Bank 27,600 0.00
1,131,943 Taiwan Cement Corp. 1,726,892 0.27
1,397,750 Taiwan Cooperative Financial Holding 1,130,620 0.18
136,000 Taiwan High Speed Rail Corp. 127,947 0.02
172,000 Taiwan Mobile Company Limited 546,673 0.09
1,394,000 Taiwan Semiconductor Manufacturing Company Limited 27,248,165 4.29
236
(expressed in EUR)

129,000 Unimicron Technology Corp. 947,111 0.15
658,854 Uni-President Enterprises Corp. 1,436,523 0.22
1,239,000 United Microelectronics Corp. 2,559,670 0.40
86,000 Vanguard International Semiconductor Corp. 431,872 0.07
55,000 Wan Hai Lines Limited 346,994 0.05
47,000 Win Semiconductors Corp. 559,434 0.09
984,000 Winbond Electronics Corp. 1,063,343 0.17
1,155,419 Wistron Corp. 1,070,477 0.17
14,000 Wiwynn Corp. 496,138 0.08
433,280 WPG Holdings Company Limited 724,359 0.11
49,179 Yageo Corp. 749,493 0.12
186,000 Yang Ming Marine Transport 715,316 0.11
1,671,336 Yuanta Financial Holding Company Limited 1,343,952 0.21
180,750 Zhen Ding Technology Holding Limited 577,356 0.09
113,260,259 17.83
USD Equities
13,277 360 Digitech Inc. 267,712 0.04
2,652 51job Inc. - ADR 114,107 0.02
213,273 Ambev SA - A - ADR 525,118 0.08
24,113 America Movil SAB de CV - ADR 447,613 0.07
43,478 Anglogold Ashanti Limited - ADR 802,118 0.13
23,563 ASE Technology Holding Company 161,825 0.03
5,181 Axis Bank Limited - GDR 210,484 0.03
26,337 Baidu Inc. - ADR 3,445,904 0.54
102,396 Banco Bradesco SA - ADR 307,944 0.05
10,108 Banco de Sabadell SA - ADR 139,638 0.02
5,953 Banco Santander Chile SA - ADR 85,275 0.01
10,881 Bancolombia SA - ADR 302,261 0.05
3,830 Chunghwa Telecom Company Limited - ADR 142,160 0.02
5,049 Coca-Cola Femsa SAB de CV - ADR 243,260 0.04
138,337 Commercial International Bank - GDR 401,435 0.06
8,695 Companhia de Minas Buenaventura SA - ADR 55,969 0.01
5,422 Companhia de Saneamento Basico do Estado de Sao Paulo - ADR 34,996 0.01
32,413 Companhia Energetica de Minas Gerais - ADR 69,261 0.01
80,456 Companhia Siderurgica Nacional SA - ADR 314,126 0.05
2,732 Compania Cervecerias Unidas SA - ADR 39,423 0.01
5,537 CrediCorp Limited 594,356 0.09
10,390 Dr Reddy’s Laboratories Limited - ADR 597,617 0.09
6,608 Ecopetrol SA - ADR 74,901 0.01
25,659 Enel Americas SA - ADR 122,744 0.02
34,151 Enel Chile SA 54,356 0.01
10,580 Fomento Economico Mexicano SAB de CV - ADR 722,979 0.11
2,488 Gail India Limited - GDR - Reg 23,957 0.00
327,340 Gazprom OAO - ADR - Reg 2,659,710 0.42
2,989 GDS Holdings Limited 123,955 0.02
378,684 Gerdau SA - ADR 1,638,344 0.26
237
(expressed in EUR)

129,764 Gold Fields Limited - ADR 1,254,050 0.19
1,493 Grupo Aeroportuario del Pacifico SAB de CV - ADR 270,662 0.04
571 Grupo Aeroportuario del Pacifico SAB de CV - ADR 69,025 0.01
8,571 Grupo Televisa SAB - ADR 70,621 0.01
79,108 Harmony Gold Mining Company Limited - ADR 285,907 0.05
40,972 Hello Group Inc. 323,539 0.05
4,920 Hon Hai Precision Industry Company Limited 31,972 0.01
10,037 Huazhu Group Limited 329,566 0.05
173,079 ICICI Bank Limited - ADR 3,011,989 0.48
209,696 Infosys Technologies Limited - ADR 4,667,082 0.73
18,627 iQIYI Inc. 74,691 0.01
42,135 JD.com Inc. - ADR 2,596,201 0.41
18,179 JOYY Inc. - A 726,233 0.11
20,710 KB Financial Group Inc. - ADR 840,638 0.13
76,300 LG Display Company Limited - ADR 677,656 0.11
24,861 Lukoil PJSC - ADR 1,956,612 0.31
22,549 Mahindra & Mahindra Limited - GDR 225,054 0.04
30,796 Mobile Telesystems OJSC - ADR 215,290 0.03
30,613 Netease.com - ADR 2,739,879 0.43
65,540 New Oriental Education & Technology Group - ADR 121,029 0.02
34,239 NIO Inc. 953,827 0.15
1,628 Noah Holdings Limited 43,935 0.01
1,763 Novatek OAO - GDR 363,080 0.06
6,487 Novolipet Steel Reg. 168,393 0.03
90,011 Petroleo Brasileiro SA - ADR 800,221 0.13
64,555 Petroleo Brasileiro SA - ADR 623,297 0.10
8,757 Phosagro OAO - GDR 166,177 0.03
16,096 Pinduoduo Inc. - A 825,182 0.13
8,390 Pldt Inc. 263,534 0.04
2,511 Polyus PJSC 194,861 0.03
92,294 Reliance Industries Limited - GDR 5,190,117 0.82
60,492 Rosneft Oil Company PJSC - GDR 427,785 0.07
1,614 Samsung Electronics Company Limited - GDR 2,340,385 0.37
18,762 Sasol Limited - ADR 270,574 0.04
127,692 Sberbank - ADR 1,802,195 0.28
12,328 Severstal - GDR - Reg 233,508 0.04
5,338 Shinhan Financial Group Company Limited - ADR 145,091 0.02
46,922 Sibanye Stillwater Limited 517,413 0.08
11,962 Sociedad Quimica y Minera de Chile SA - ADR 530,464 0.08
20,127 State Bank of India - GDR 1,092,012 0.17
17,327 Tatneft PJSC - ADR 632,469 0.10
14,662 Telkom Indonesia Persero Tbk PT - ADR 373,770 0.06
114,996 Tencent Music Entertainment Group 692,686 0.11
3,416 TIM SA 34,965 0.01
88,207 Trip.com Group Limited 1,909,652 0.30
11,419 Turkcell Iletisim Hizmetleri AS - ADR 36,048 0.01
238
(expressed in EUR)

107,426 Vipshop Holdings Limited 793,509 0.13
23,444 Vnet Group Inc. - ADR 186,158 0.03
357,572 VTB Bank OJSC - GDR - Reg 396,184 0.06
9,675 Weibo Corp. - ADR 263,570 0.04
3,973 Woori Financial Group Inc. 112,252 0.02
37,441 Yum China Holdings Inc. 1,640,924 0.26
38,326 Zto Express Cayman Inc. 951,073 0.15
69,258,403 10.93
ZAR Equities
177,730 Absa Group Limited 1,493,846 0.24
26,643 African Rainbow Minerals Limited 339,423 0.05
3,378 Anglo American Platinum Limited 338,137 0.05
75,804 Aspen Pharmacare Holdings Limited 937,400 0.15
20,522 Bid Corp. Limited 369,099 0.06
30,979 Bidvest Group Limited 323,366 0.05
4,138 Capitec Bank Holdings Limited 465,062 0.07
19,797 Clicks Group Limited 344,170 0.05
77,258 Discovery Holdings Limited 611,139 0.10
84,090 Exxaro Resources Limited 708,271 0.11
357,743 Firstrand Limited 1,198,416 0.19
200,820 Growthpoint Properties Limited 170,064 0.03
18,994 Harmony Gold Mining Company Limited 69,699 0.01
81,644 Impala Platinum Holdings Limited 1,012,137 0.16
5,484 Kumba Iron Ore Limited 139,019 0.02
22,656 Mr Price Group Limited 249,034 0.04
36,745 MultiChoice Group Limited 247,057 0.04
6,999 Naspers Limited 953,273 0.15
147,397 Nedbank Group Limited 1,421,376 0.22
25,673 Nepi Rockcastle plc 149,939 0.02
17,935 Northam Platinum Holdings Limited 207,023 0.03
1,214,920 Old Mutual Limited 876,903 0.14
171,021 Sanlam Limited 559,340 0.09
105,930 Sasol Limited 1,511,651 0.24
47,712 Shoprite Holdings Limited 549,107 0.09
19,194 Spar Group Limited 176,737 0.03
142,981 Standard Bank Group Limited 1,102,986 0.17
26,911 Tiger Brands Limited 268,374 0.04
36,304 Vodacom Group Pty Limited 269,275 0.04
94,364 Woolworths Holdings Limited 269,632 0.04
17,598,736 2.76
239
(expressed in EUR)
HKD Rights
24,952 Seazen Group Limited - Right 0 0.00
0 0.00
KRW Rights
2,632 Doosan Heavy Industries & Company - Right 8,567 0.00
8,567 0.00
Total Transferable securities and money market instruments dealt in on another regulated market and recently 8,567 0.00

HKD Equities
270,000 China Common Rich Renewable Energy* 0 0.00
0 0.00
Total Other transferable securities and money market instruments 0 0.00
*
240
Sector % NAV
Banks 11.95
Semiconductors 10.90
Insurance 3.21
Chemicals 3.13
Retail 2.40
Real estate 2.28
Iron and steel 2.10
Software 1.77
Transportation 1.68
Food services 1.39
Food 1.02
Beverages 0.92
Machinery 0.69
Apparel 0.67
Tobacco 0.34
Agriculture 0.34
Restaurants 0.33
Biotechnology 0.26
Coal 0.20
241
Sector % NAV
Consumer goods 0.15
Stores 0.08
Textiles 0.06
Lodging 0.06
Home builders 0.05
Toys and games 0.04
Advertising 0.03
Leisure 0.03
Pipelines 0.02
Gas 0.02
Media 0.01
Medical 0.01
242
(expressed in EUR)
AED Equities
380,222 Abu Dhabi Commercial Bank 776,465 0.09
139,614 Abu Dhabi Islamic Bank 229,626 0.03
269,865 Abu Dhabi National Oil Company for Distribution PJSC 275,874 0.03
505,812 Aldar Properties PJSC 483,168 0.06
378,068 Dubai Islamic Bank PJSC 486,954 0.06
480,982 Emaar Properties PJSC 563,085 0.06
299,907 Emirates NBD Bank PJSC 972,885 0.11
426,382 Emirates Telecom Corp. 3,235,890 0.38
531,280 First Abu Dhabi Bank PJSC 2,396,294 0.28
9,420,241 1.10
BRL Equities
36,600 Alpargatas SA 213,907 0.02
609,858 Ambev SA 1,484,638 0.17
55,037 Americanas SA 274,394 0.03
73,800 Atacadao SA 177,678 0.02
767,700 B3 SA Brasil Bolsa Balcao 1,350,157 0.16
598,374 Banco Bradesco SA Pfd 1,814,711 0.21
183,961 Banco Bradesco SA 470,197 0.05
152,800 Banco BTG Pactual SA 506,582 0.06
119,400 Banco do Brasil SA 543,823 0.06
37,854 Banco Inter SA 170,738 0.02
94,600 BB Seguridade Participacoes SA 309,897 0.04
133,200 Braskem SA Pfd 1,211,882 0.14
85,400 BRF SA 303,622 0.04
32,700 Centrais Eletricas Brasileiras SA Pfd 170,412 0.02
42,800 Centrais Eletricas Brasileiras SA 225,750 0.03
181,200 Companhia de Concessoes Rodoviarias 331,550 0.03
48,400 Companhia de Saneamento Basico do Estado de Sao Paulo 307,017 0.04
132,247 Companhia Energetica de Minas Gerais Pfd 273,713 0.03
300,400 Companhia Siderurgica Nacional SA 1,185,151 0.14
136,800 Cosan SA Industria e Comercio 468,439 0.05
28,800 Energisa SA 201,739 0.02
31,825 Engie Brasil Energia SA 192,983 0.02
132,700 Equatorial Energia SA 473,673 0.06
342,900 Gerdau SA Pfd 1,475,709 0.17
161,633 Hapvida Participacoes e Investimentos SA 264,871 0.03
53,700 Hypera SA 239,667 0.03
598,901 Itau Unibanco Holding SA 1,980,827 0.23
622,437 Itausa - Investimentos Itau SA Pfd 877,514 0.10
117,100 JBS SA 701,578 0.08
311,914 Klabin SA 1,263,570 0.15
81,354 Localiza Rent a Car 680,711 0.08
120,087 Lojas Renner SA 463,345 0.05
377,152 Magazine Luiza SA 429,894 0.05
64,147 Notre Dame Intermedica Participacoes 611,169 0.07
243
(expressed in EUR)
BRL Equities (continued)

595,200 Petroleo Brasileiro SA Pfd 2,673,330 0.31
469,700 Petroleo Brasileiro SA 2,276,493 0.26
155,000 Raia Drogasil SA 594,628 0.07
63,700 Rede d’or Sao Luiz SA 450,833 0.05
166,984 Rumo SA 468,193 0.05
196,533 Suzano Papel e Celulose SA 1,865,047 0.22
125,871 TIM SA 261,312 0.03
83,500 Totvs SA 377,543 0.04
95,300 Ultrapar Participacoes SA 218,758 0.03
258,322 Via S/A 214,106 0.02
145,136 Vibra Energia SA 490,339 0.06
226,796 Weg SA 1,180,846 0.15
1 XP Inc. 25 0.00
34,038,358 3.94
CLP Equities
4,941,700 Banco de Chile 339,563 0.04
8,235 Banco de Credito e Inversiones SA 211,602 0.02
9,756,951 Banco Santander Chile SA 344,990 0.04
202,809 Cencosud SA 298,355 0.03
22,148 Compania Cervecerias Unidas SA 158,452 0.02
150,896 Empresas CMPC SA 222,452 0.03
52,685 Empresas Copec SA 358,212 0.04
3,015,438 Enel Americas SA 289,511 0.03
4,272,546 Enel Chile SA 131,442 0.02
104,283 Falabella SA 299,181 0.03
18,421 Sociedad Quimica y Minera de Chile SA 827,035 0.10
3,480,795 0.40
CNH Equities
53,600 360 Security Technology Inc. 94,281 0.01
5,599 Advanced Micro-Fabrication Equipment Inc. 98,020 0.01
14,200 AECC Aero-Engine Control Company Limited 59,459 0.01
32,600 AECC Aviation Power Company Limited 286,080 0.03
589,200 Agricultural Bank of China Limited 239,541 0.03
42,908 Aier Eye Hospital Group Company Limited - A 250,867 0.03
144,000 Aluminum Corp. of China Limited 121,269 0.01
36,500 Anhui Conch Cement Company Limited 203,408 0.02
5,100 Anhui Gujing Distillery Company Limited 172,080 0.02
2,100 Asymchem Laboratories Tianjin Company Limited 126,322 0.01
228,500 Bank of Beijing Company Limited - A 140,294 0.02
374,000 Bank of China Limited 157,740 0.02
317,700 Bank of Communications Company Limited 202,530 0.02
54,960 Bank of Hangzhou Company Limited 97,433 0.01
148,070 Bank of Jiangsu Company Limited 119,373 0.01
114,700 Bank of Nanjing Company Limited 142,116 0.02
62,260 Bank of Ningbo Company Limited 329,573 0.04
138,172 Bank of Shanghai Company Limited - A 136,232 0.02
244
(expressed in EUR)

210,800 Baoshan Iron & Steel Company Limited 208,715 0.02
322,800 BBMG Corp. 126,772 0.01
3,805 Beijing Kingsoft Office Software Inc. 139,435 0.02
17,600 Beijing New Building Materials plc 87,203 0.01
11,900 Beijing Shiji Information Technology Company Limited 47,294 0.01
22,200 Beijing Shunxin Agriculture Company Limited 117,209 0.01
27,000 Beijing Tiantan Biological Products Corp. Limited 108,127 0.01
4,400 Beijing Wantai Biological Pharmacy Enterprise Company Limited 134,771 0.02
405,000 Beijing-Shanghai High Speed Railway Company Limited 270,503 0.03
327,700 BOE Technology Group Company Limited 228,843 0.03
14,600 BYD Company Limited 541,318 0.06
4,600 Changchun High & New Technology Industry Group Inc. 172,639 0.02
22,100 Chaozhou Three-Circle Group Company Limited 136,301 0.02
43,700 China Cssc Holdings Limited 149,806 0.02
416,000 China Everbright Bank Company Limited 190,986 0.02
49,000 China Jushi Company Limited 123,321 0.01
161,500 China Merchants Bank Company Limited 1,087,830 0.13
77,400 China Merchants Securities Company Limited 188,910 0.02
96,200 China Merchants Shekou Industrial Zone Holdings Company Limited 177,460 0.02
331,568 China Minsheng Banking Corp. Limited 178,817 0.02
61,600 China Pacific Insurance Group Company Limited 231,015 0.03
278,300 China Railway Group Limited 222,824 0.03
112,100 China Shenhua Energy Company Limited 349,096 0.04
463,700 China State Construction Engineering Corp. Limited - A 320,610 0.04
15,800 China Tourism Group Duty Free Corp Limited 479,384 0.06
88,600 China Vanke Company Limited 242,098 0.03
188,800 China Yangtze Power Company Limited 592,650 0.07
4,500 Chongqing Brewery Company Limited 94,163 0.01
46,340 Chongqing Changan Automobile Company Limited 97,338 0.01
12,500 Chongqing Zhifei Biological Products 215,377 0.03
107,800 CITIC Securities Company Limited 393,693 0.05
18,100 Contemporary Amperex Technology Company Limited - A 1,471,724 0.17
291,000 Cosco Shipping Energy Transportation Company Limited 238,223 0.03
94,380 Cosco Shipping Holdings Company Limited 243,927 0.03
158,900 CRRC Corp. Limited 133,817 0.02
46,800 CSC Financial Company Limited 189,296 0.02
127,700 DHC Software Company Limited 137,739 0.02
88,644 East Money Information Company Limited 454,894 0.05
5,600 Ecovacs Robotics Company Limited 116,894 0.01
15,754 Eve Energy Company Limited 257,457 0.03
45,100 Everbright Securitie Company 93,112 0.01
101,800 Focus Media Information Technology Company Limited 115,293 0.01
25,324 Foshan Haitian Flavouring & Food Company Limited 368,084 0.04
83,200 Founder Securities Company Limited 90,201 0.01
55,600 Foxconn Industrial Internet Company Limited 91,648 0.01
19,500 Fuyao Glass Industry Group Company Limited 127,114 0.01
245
(expressed in EUR)

65,000 GEM Company Limited 93,030 0.01
83,700 GF Securities Company Limited 284,613 0.03
45,000 Giant Network Group Company Limited 74,486 0.01
5,460 Gigadevice Semiconductor Beijing Inc. 132,772 0.02
42,100 Goertek Inc. 314,956 0.04
22,500 Gotion High-tech Company Limited 159,458 0.02
16,700 Great Wall Motor Company Limited 112,095 0.01
9,100 Guangdong Haid Group Company Limited 92,239 0.01
4,200 Guangdong Kinlong Hardware Products Company Limited 105,466 0.01
297,600 Guanghui Energy Company Limited 269,142 0.03
8,100 Guangzhou Kingmed Diagnostics Group Company Limited 124,745 0.01
7,600 Guangzhou Shiyuan Electronic Technology Company Limited 85,548 0.01
10,000 Guangzhou Tinci Materials Technology 158,542 0.02
68,200 Guosen Securities Company Limited 108,267 0.01
66,400 Guotai Junan Securities Company Limited 164,266 0.02
70,700 Haier Smart Home Company Limited - A 292,224 0.03
82,500 Haitong Securities Company Limited 139,867 0.02
10,100 Hangzhou First Applied Material Company Limited 182,334 0.02
16,000 Hangzhou Silan Microelectronics Company Limited 119,919 0.01
7,000 Hangzhou Tigermed Consulting Company 123,708 0.01
38,300 Henan Shuanghui Investment & Development Company Limited 167,097 0.02
39,500 Hengli Petrochemical Company Limited 125,467 0.01
60,700 Hengyi Petrochemical Company Limited 89,142 0.01
183,300 Hesteel Company Limited 62,355 0.01
7,500 Hithink RoyalFlush Information Network Company Limited 149,948 0.02
86,800 Huadian Power International Corp. Limited 64,216 0.01
63,900 Huafon Chemical Company Limited 92,251 0.01
19,000 Hualan Biological Engineering Inc. 76,562 0.01
79,600 Huatai Securities Company Limited 195,491 0.02
144,164 Huaxia Bank Company Limited - A 111,639 0.01
24,400 Huayu Automotive Systems Company Limited 95,488 0.01
112,600 Hunan Valin Steel Company Limited - A 79,566 0.01
15,148 Hundsun Technologies Inc. 130,187 0.02
18,444 Iflytek Company Limited - A 133,927 0.02
1,627 Imeik Technology Development Company Limited 120,618 0.01
426,500 Industrial & Commercial Bank of China Limited 273,068 0.03
117,798 Industrial Bank Company Limited - A 310,152 0.04
134,900 Inner Mongolia Junzheng Energy & Chemical Industry Group Company Limited 97,563 0.01
49,400 Inner Mongolia Yili Industrial Group Company Limited - A 283,222 0.03
13,900 Ja Solar Technology Company Limited 178,182 0.02
43,200 Jiangsu Eastern Shenghong Company Limited 115,534 0.02
8,800 Jiangsu Hengli Hydraulic Company Limited 99,542 0.01
58,358 Jiangsu Hengrui Medicine Company - A 409,227 0.05
23,300 Jiangsu King’s Luck Brewery JSC Limited 175,277 0.02
9,900 Jiangsu Yanghe Brewery Joint-Stock Company Limited 225,516 0.03
7,000 Jiangsu Yangnong Chemical Company Limited 127,000 0.01
19,300 Jiangxi Copper Company Limited 59,596 0.01
246
(expressed in EUR)

77,300 Jiangxi Zhengbang Technology Company Limited 103,259 0.01
38,100 Kingfa Sci & Tech Company Limited 66,279 0.01
9,399 Kweichow Moutai Company Limited - A 2,664,439 0.31
22,800 LB Group Company Limited 90,140 0.01
25,800 Lens Technology Company Limited 81,986 0.01
62,800 Lingyi iTech Guangdong Company 63,916 0.01
49,420 Longi Green Energy Technology Company Limited - A 589,088 0.07
68,802 Luxshare Precision Industry Company Limited 468,098 0.05
11,800 Luzhou Laojiao Company Limited 414,251 0.05
16,700 Mango Excellent Media Company Limited 132,140 0.02
3,960 Maxscend Microelectronics Company Limited 178,957 0.02
38,990 Muyuan Foodstuff Company Limited 287,700 0.04
12,090 Nanjing King-Friend Biochemical Pharmaceutical Company Limited 70,218 0.01
37,920 Nari Technology Company Limited 209,905 0.02
4,500 Naura Technology Group Company Limited 215,942 0.03
22,800 New China Life Insurance Company Limited 122,583 0.01
58,500 New Hope Liuhe Company Limited 123,043 0.01
52,400 Ningxia Baofeng Energy Group Company Limited 125,792 0.01
283,700 Offshore Oil Engineering Company Limited 180,855 0.02
7,620 Oppein Home Group Inc. 155,424 0.02
73,800 Orient Securities Company Limited 150,426 0.02
4,200 Pharmaron Beijing Company Limited 82,048 0.01
79,100 Ping An Bank Company Limited - A 180,262 0.02
84,100 Ping An Insurance Group Company of China Limited- A 586,250 0.07
134,200 Poly Developments and Holdings Group Company Limited 290,056 0.03
196,600 Power Construction Corp. of China Limited 219,667 0.03
87,750 Rongsheng Petro Chemical Company Limited 220,360 0.03
87,800 Saic Motor Corp. - A 250,475 0.03
2,700 Sangfor Technologies Inc. 71,313 0.01
90,300 Sany Heavy Industry Company Limited 284,704 0.03
24,640 Satellite Chemical Company Limited 136,394 0.02
16,100 Seazen Holdings Company Limited 64,854 0.01
33,400 SF Holding Investment Limited - A 318,319 0.04
212,100 Shaanxi Coal Industry Company Limited - A 357,825 0.04
53,620 Shandong Gold Mining Company Limited 139,546 0.02
28,210 Shandong Hualu Hengsheng Chemical Company Limited 122,101 0.01
154,000 Shandong Nanshan Aluminum Company Limited 100,303 0.01
51,300 Shandong Sun Paper Industry 81,509 0.01
158,600 Shanghai Construction Group Company Limited 78,954 0.01
204,300 Shanghai Electric Group Company Limited 137,301 0.02
18,600 Shanghai International Airport 120,090 0.01
13,300 Shanghai M&G Stationery Inc. 118,645 0.01
210,800 Shanghai Pudong Development Bank Company Limited - A 248,651 0.03
8,400 Shanghai Putailai New Energy Technology Company Limited 186,562 0.02
215,600 Shanxi Coking Coal Energy Group Company Limited 246,561 0.03
128,500 Shanxi Lu’an Environmental Energy Development Company Limited 200,972 0.02
247
(expressed in EUR)

206,800 Shanxi Meijin Energy Company Limited 464,130 0.05
114,900 Shanxi Taigang Stainless Steel Company Limited - A 111,857 0.01
11,620 Shanxi Xinghuacun Fen Wine Factory Company Limited 507,412 0.06
29,600 Shengyi Technology Company Limited 96,395 0.01
148,200 Shenwan Hongyuan Group Company Limited 104,927 0.01
4,700 Shenzhen Goodix Technology Company 70,043 0.01
14,250 Shenzhen Inovance Technology Company Limited - A 135,179 0.02
7,100 Shenzhen Kangtai Biological Products Company Limited 96,748 0.01
9,500 Shenzhen Mindray Bio-Medical Electronics Company Limited 500,254 0.06
136,000 Shenzhen Overseas Chinese Town Company Limited - A 132,398 0.02
5,545 Shenzhen Transsion Holding 120,308 0.01
97,798 Sichuan Chuantou Energy Company Limited 169,048 0.02
36,500 Sinoma Science & Technology Company Limited 171,711 0.02
270,646 Sinopec Shanghai Petrochemical Company Limited 156,066 0.02
4,620 Skshu Paint Company Limited 88,899 0.01
27,780 Songcheng Performance Development Company Limited 55,011 0.01
8,600 Sungrow Power Supply Company Limited 173,391 0.02
95,700 Suning.com Company Limited 54,523 0.01
27,400 Sunwoda Electronic Company Limited 159,743 0.02
34,700 Suzhou Dongshan Precision Manufacturing Company Limited 130,038 0.02
63,700 TBEA Company Limited 186,479 0.02
92,500 TCL Technology Group Corp. 78,922 0.01
5,300 Thunder Software Technology Company - A 101,448 0.01
34,400 Tianjin Zhonghuan Semiconductor Company Limited 198,603 0.02
34,800 Tongkun Group Company Limited 101,924 0.01
236,500 Tongling Nonferrous Metals Group Company Limited 113,810 0.01
23,700 Tongwei Company Limited 147,348 0.02
3,600 Topchoice Medical Investment Corp. 99,066 0.01
7,100 Tsingtao Brewery Company Limited 97,199 0.01
5,700 Unigroup Guoxin Microelectronics Company Limited 177,349 0.02
35,300 Unisplendour Corp. Limited 111,540 0.01
11,400 Walvax Biotechnology Company Limited 88,595 0.01
25,400 Wanhua Chemical Group Company Limited 354,753 0.04
91,400 Weichai Power Company Limited 226,114 0.03
39,600 Wens Foodstuffs Group Company Limited 105,468 0.01
7,600 Will Semiconductor Limited 326,605 0.04
15,300 Wingtech Technology Company Limited 273,565 0.03
38,400 Wuhu Sanqi Interactive Entertainment 143,479 0.02
30,000 Wuliangye Yibin Company Limited - A 923,706 0.11
113,900 XCMG Construction Machinery Company Limited 94,345 0.01
47,100 Xiamen Tungsten Company Limited 147,393 0.02
68,100 Yankuang Energy Group Company Limited 221,585 0.03
40,600 Yantai Jereh Oilfield Services Group Company Limited - A 224,572 0.03
12,200 Yealink Network Technology Corp. 137,411 0.02
8,400 Yihai Kerry Arawana Holdings Company Limited 73,098 0.01
60,340 Yintai Gold Company Limited 73,261 0.01
169,200 Yonghui Superstores Company Limited 94,760 0.01
248
(expressed in EUR)

42,506 Yonyou Network Technology Company Limited - A 210,898 0.02
47,060 Yunda Holding Company Limited 133,146 0.02
58,700 Yunnan Aluminium Company Limited 90,670 0.01
8,200 Yunnan Baiyao Group Company 118,665 0.01
7,900 Yunnan Energy New Material - A 273,547 0.03
4,900 Zhangzhou Pientzehuang Pharmaceutical Company 296,208 0.03
24,300 Zhejiang Chint Electrics Company 181,086 0.02
49,400 Zhejiang Dahua Technology Company Limited 160,397 0.02
17,900 Zhejiang Huayou Cobalt Company Limited 273,048 0.03
12,600 Zhejiang Jingsheng Mechanical & Electrical Company Limited 121,095 0.01
54,100 Zhejiang Longsheng Group Company 94,487 0.01
23,000 Zhejiang NHU Company Limited 98,978 0.01
35,900 Zhejiang Sanhua Intelligent Controls 125,599 0.01
47,900 Zhuzhou Kibing Group Company Limited 113,267 0.01
123,300 Zoomlion Heavy Industry Science & Technology Company Limited 122,251 0.01
49,000 ZTE Corp. 226,992 0.03
45,356,206 5.27
COP Equities
24,156 Bancolombia SA 181,323 0.02
61,622 Bancolombia SA 426,564 0.05
676,670 Ecopetrol SA 393,756 0.05
33,896 Grupo de Inversiones Suramericana SA 219,972 0.03
62,049 Interconexion Electrica SA 300,664 0.03
1,522,279 0.18
CZK Equities
22,159 Cez AS 737,451 0.09
11,258 Komercni Banka AS 423,595 0.05
36,075 Moneta Money Bank AS 136,099 0.02
1,297,145 0.16
EGP Equities
219,045 Commercial International Bank 649,705 0.08
194,204 Eastern Tobacco 116,531 0.01
274,204 Fawry for Banking & Payment Technology 196,613 0.02
962,849 0.11
EUR Equities
231,017 Alpha Services and Holdings SA 248,805 0.03
311,887 Eurobank Ergasias SA 278,016 0.03
2,029 FF Group* 974 0.00
18,390 Greek Organisation of Football Prognostics SA 229,323 0.02
28,802 Hellenic Telecommunications Organization SA 468,177 0.05
14,871 Jumbo SA 187,375 0.02
25,000 Public Power Corp. 235,000 0.03
1,647,670 0.18
HKD Equities
182,000 3SBio Inc. 133,432 0.02
102,500 AAC Technologies Holdings Inc. 356,081 0.04
*
249
(expressed in EUR)

166,000 Agile Group Holdings Limited 79,200 0.01
3,575,800 Agricultural Bank of China Limited - H 1,080,893 0.13
288,000 Air China Limited 176,712 0.02
32,000 Akeso Inc. 122,717 0.01
8,300 Alibaba Group Holding Limited 111,310 0.01
530,000 Alibaba Health Information Technology Limited 393,945 0.05
2,158,100 Alibaba Pictures Group Limited 172,824 0.02
57,000 A-Living Services Company Limited 85,507 0.01
642,000 Aluminum Corp. of China Limited - H 312,095 0.04
166,000 Anhui Conch Cement Company Limited - H 729,273 0.08
8,500 Anhui Gujing Distillery Company 106,418 0.01
140,000 Anta Sports Products Limited 1,845,939 0.22
355,000 AviChina Industry & Technology Company 215,820 0.03
9,975,000 Bank of China Limited - H 3,161,505 0.37
1,243,100 Bank of Communications Company Limited - H 660,392 0.08
246,000 Beijing Capital International Airport Company Limited 132,351 0.02
57,500 Beijing Enterprises Holdings Limited 174,460 0.02
560,000 Beijing Enterprises Water Group Limited 191,384 0.02
29,600 BOC Aviation Limited 190,635 0.02
602,000 Bosideng International Holding Limited 333,390 0.04
438,000 Brilliance China Automotive Holdings Limited* 127,211 0.01
101,500 BYD Company Limited - H 3,052,115 0.36
96,000 Byd Electronic Company Limited 309,138 0.04
9,200 CanSino Biologics Inc. 186,990 0.02
1,065,100 CGN Power Company Limited - H 284,717 0.03
1,140,200 China Cinda Asset Management - H 182,618 0.02
1,306,400 China Citic Bank Corp. Limited - H 498,044 0.06
306,400 China Communications Services Corp. Limited - H 131,325 0.02
209,600 China Conch Venture Holdings 900,722 0.10
11,972,270 China Construction Bank Corp. - H 7,291,973 0.84
109,000 China Education Group Holdings Limited 155,645 0.02
529,300 China Everbright Bank Company Limited - H 164,773 0.02
543,963 China Everbright International Limited 384,077 0.05
293,000 China Evergrande Group 52,546 0.01
435,154 China Feihe Limited 513,392 0.06
452,900 China Galaxy Securities Company - H 228,852 0.03
392,000 China Gas Holdings Limited 716,268 0.08
282,000 China Hongqiao Group Limited 261,772 0.03
1,971,950 China Huarong Asset Management Company Limited - H* 85,075 0.01
180,000 China International Capital Corporation - H 436,501 0.05
844,000 China Jinmao Holdings Group Limited 229,422 0.03
122,000 China Lesso Group Holdings Limited 154,118 0.02
954,000 China Life Insurance Company Limited - H 1,390,227 0.16
50,800 China Literature Limited 280,760 0.03
387,000 China Longyuan Power Group Corp. 794,433 0.09
197,900 China Medical System Holdings Limited 290,624 0.03
70,000 China Meidong Auto Holdings Limited 317,394 0.04
403,000 China Mengniu Dairy Company Limited 2,009,102 0.22
*
250
(expressed in EUR)

490,300 China Merchants Bank Company Limited - H 3,348,503 0.39
209,371 China Merchants Holdings International Company Limited 335,336 0.04
824,640 China Minsheng Banking Corp Limited 277,176 0.03
562,000 China National Building Material Company Limited - H 605,995 0.07
404,000 China Oilfield Services Limited 311,227 0.04
514,500 China Overseas Land & Investment Limited 1,071,251 0.12
170,000 China Overseas Property Hold 158,573 0.02
333,400 China Pacific Insurance Group Company Limited - H 795,336 0.09
527,000 China Power International Development Limited 312,065 0.04
499,000 China Railway Group Limited - H 231,885 0.03
372,000 China Resources Cement Holdings Limited 247,134 0.03
184,584 China Resources Enterprise Limited 1,329,320 0.15
116,000 China Resources Gas Group Limited 576,340 0.07
426,444 China Resources Land Limited 1,577,649 0.17
68,600 China Resources Mixc Lifestyle Services 281,257 0.03
247,202 China Resources Power Holdings Company Limited 727,725 0.08
540,500 China Shenhua Energy Company Limited - H 1,114,414 0.13
200,261 China State Construction International Holdings Limited 218,874 0.03
189,000 China Suntien Green Energy Corp. Limited 129,610 0.02
219,444 China Taiping Insurance Holdings Company Limited 264,839 0.03
5,846,000 China Tower Corp. Limited - H 567,064 0.06
352,000 China Traditional Chinese Medicine Action 205,262 0.02
210,500 China Vanke Company Limited - H 430,689 0.05
1,668,000 China Youzan Limited 101,593 0.01
120,000 China Yuhua Education Corp. Limited 37,762 0.00
360,000 Chinasoft International Limited 412,545 0.05
88,000 Cifi Ever Sunshine Service Group Limited 119,901 0.01
480,610 Cifi Holdings Group Company Limited 254,238 0.03
743,000 CITIC Limited 645,289 0.08
327,000 CITIC Securities Company Limited - H 750,563 0.09
427,050 Cosco Shipping Holdings Company Limited - H 728,291 0.07
204,284 Cosco Shipping Ports Limited 155,990 0.02
987,929 Country Garden Holdings Company Limited 771,093 0.09
195,000 Country Garden Services Holdings 1,027,132 0.12
624,000 CRRC Corp. Limited - H 235,778 0.03
1,190,400 CSPC Pharmaceutical Group Limited 1,137,237 0.13
438,500 Dali Foods Group Company Limited 201,792 0.02
356,000 Dongfeng Motor Group Company Limited - H 260,195 0.03
71,000 Dongyue Group 97,379 0.01
104,800 ENN Energy Holdings Limited 1,735,249 0.20
283,000 Far East Horizon Limited 220,886 0.03
43,000 Flat Glass Group Company Limited 192,061 0.02
361,928 Fosun International 343,315 0.04
70,000 Fuyao Glass Industry Group - H 318,184 0.04
757,007 Geely Automobile Holdings Limited 1,818,671 0.21
251
(expressed in EUR)

130,000 Genscript Biotech 505,868 0.06
148,500 GF Securities Company Limited - H 248,897 0.03
1,379,811 GOME Retail Holdings Limited 102,716 0.01
411,000 Great Wall Motor Company Limited - H 1,242,371 0.14
82,500 Greentown China Holdings Limited 116,874 0.01
222,000 Greentown Service Group Company 180,285 0.02
442,000 Guangdong Investment Limited 494,050 0.05
404,926 Guangzhou Automobile Group Company Limited 351,218 0.04
174,800 Guangzhou R&f Properties Company Limited - H 57,176 0.01
133,000 Haidilao International Holding Limited 264,021 0.03
264,000 Haier Smart Home Company Limited - H 981,146 0.11
69,000 Haitian International Holdings Limited 168,493 0.02
415,600 Haitong Securities Company Limited - H 323,913 0.04
13,600 Hangzhou Tigermed Consulting Company Limited - H 151,862 0.02
150,000 Hansoh Pharmaceutical Group Company Limited 321,455 0.04
101,000 Hengan International Group Company Limited 457,385 0.06
312,000 Hengten Networks Group Limited 103,813 0.01
74,800 Hopson Development Holdings Limited 137,182 0.02
69,000 Hua Hong Semiconductor Limited 334,651 0.04
50,000 Huabao International Holdings Limited 81,210 0.01
594,000 Huaneng Power International Inc. - H 349,059 0.04
237,200 Huatai Securities Company Limited - H 347,267 0.04
33,950 Hygeia Healthcare Holdings Company Limited 186,868 0.02
7,057,000 Industrial & Commercial Bank of China - H 3,502,253 0.41
146,500 Innovent Biologics Inc. 797,277 0.09
48,800 JD Health International Inc. 338,233 0.04
144,000 Jiangsu Expressway Company Limited 129,773 0.02
165,000 Jiangxi Copper Company Limited - H 232,259 0.03
176,000 Jinxin Fertility Group Limited 172,904 0.02
84,534 Jiumaojiu International Holdings Limited 130,625 0.02
102,500 Kingboard Chemical Holdings Limited 438,743 0.05
104,000 Kingboard Laminates Holdings Limited 155,543 0.02
316,000 Kingdee International Software Group Company Limited 855,407 0.10
122,000 Kingsoft Corp. Limited 471,297 0.05
41,520 Kuaishou Technology 337,416 0.04
512,000 Kunlun Energy Company Limited 422,145 0.05
226,000 KWG Group Holdings Limited 130,003 0.02
242,000 Lee & Man Paper Manufacturing Limited 147,941 0.02
1,004,000 Lenovo Group Limited 1,014,650 0.12
282,000 Li Ning Company Limited 2,714,734 0.33
208,000 Logan Group Company Limited 139,825 0.02
236,500 Longfor Properties Company Limited 978,976 0.11
506,500 Meituan Dianping 12,876,803 1.50
90,000 Microport Scientific Corp. 288,294 0.03
95,545 Ming Yuan Cloud Group Holdings Limited 191,393 0.02
102,000 Minth Group Limited 395,186 0.05
400,000 MMG Limited 112,791 0.01
108,900 New China Life Insurance Company - H 256,099 0.03
252
(expressed in EUR)

288,000 Nine Dragons Paper Holdings Limited 271,890 0.03
203,200 Nongfu Spring Company Limited - H 1,179,190 0.14
1,082,200 People’s Insurance Company - H 288,067 0.03
18,100 Pharmaron Beijing Company Limited 245,595 0.03
918,385 Picc Property & Casualty Company Limited - H 659,840 0.08
67,700 Ping An Healthcare & Technology Company Limited 216,479 0.03
779,000 Ping An Insurance Group Company of China Limited 4,933,578 0.58
1,117,000 Postal Savings Bank of China Company Limited - H 689,152 0.08
117,000 Powerlong Real Estate Holdings Limited 53,842 0.01
101,000 Sany Heavy Equipment International Holdings Company Limited 85,895 0.01
250,000 Seazen Group Limited 148,602 0.02
109,250 Shandong Gold Mining Company Limited - H 164,381 0.02
328,000 Shandong Weigao Group Medical Polymer Company Limited 359,966 0.04
128,800 Shanghai Pharmaceuticals Holding Company Limited - H 214,716 0.02
178,474 Shenzhen International Holdings Limited 163,055 0.02
106,300 Shenzhou International Group Holdings Limited 1,797,254 0.22
172,000 Shimao Property Holdings Limited 98,940 0.01
47,000 Shimao Services Holdings Limited 28,732 0.00
1,320,500 Sino Biopharmaceutical 813,216 0.09
200,400 Sinopharm Group Company - H 383,352 0.04
119,000 Sinotruk Hong Kong Limited 161,066 0.02
202,262 Smoore International Holdings Limited 906,831 0.11
195,500 Sun Art Retail Group Limited 69,019 0.01
343,700 Sunac China Holdings Limited 456,667 0.05
101,000 Sunac Services Holdings Limited 90,566 0.01
89,250 Sunny Optical Technology Group Company Limited 2,482,425 0.29
714,100 Tencent Holdings Limited 36,792,546 4.28
252,000 Tingyi Cayman Islands Holding Corp. 455,342 0.05
92,301 Tongcheng-Elong Holdings Limited 150,331 0.02
246,423 Topsports International Holdings Limited 219,297 0.03
169,000 Travelsky Technology Limited 250,089 0.03
64,000 Tsingtao Brewery Company Limited - H 526,960 0.06
255,000 Uni-President China Holdings Limited 217,439 0.03
13,500 Venus MedTech Hangzhou Inc. 45,071 0.01
50,000 Vinda International Holdings 107,152 0.01
675,000 Want Want China Holdings Limited 545,119 0.06
234,400 Weichai Power Company Limited - H 403,447 0.05
308,434 Weimob Inc. 274,482 0.03
196,000 Wharf Holdings Limited 529,464 0.06
450,000 Wuxi Biologics Cayman Inc. 4,697,466 0.54
1,777,700 Xiaomi Corp. - B 3,789,615 0.43
160,568 Xinjiang Goldwind Science & Technology Company Limited 275,644 0.03
579,024 Xinyi Solar Holdings Limited 863,382 0.10
146,000 Yadea Group Holdings Limited 250,306 0.03
360,000 Yankuang Energy Group Company Limited 629,374 0.07
56,000 Yihai International Holding Limited 227,703 0.03
189,200 Yuexiu Property Company Limited 146,606 0.02
253
(expressed in EUR)

200,000 Zhejiang Expressway Company Limited 156,780 0.02
54,000 ZhongAn Online P&C Insurance Company Limited 165,058 0.02
81,250 Zhongsheng Group Holdings Limited 557,188 0.06
59,000 Zhuzhou CSR Times Electric Company Limited 300,458 0.03
170,400 Zoomlion Heavy Industry Science & Technology Company Limited - H 94,368 0.01
109,776 ZTE Corp. - H 264,350 0.03
164,984,274 19.19
HUF Equities
56,215 MOL Hungarian Oil & Gas plc 384,360 0.04
28,020 OTP Bank plc 1,262,008 0.15
19,212 Richter Gedeon Nyrt 454,804 0.05
2,101,172 0.24
IDR Equities
2,371,200 Adaro Energy Tbk Pt 329,157 0.04
1,475,800 Aneka Tambang Tbk Pt 204,863 0.02
2,525,700 Astra International Tbk Pt 888,197 0.10
6,286,500 Bank Central Asia Tbk Pt 2,831,291 0.33
2,445,744 Bank Mandiri Tbk Pt 1,060,010 0.12
1,077,701 Bank Negara Indonesia Tbk Pt 448,802 0.05
8,265,092 Bank Rakyat Indonesia 2,095,763 0.24
4,166,900 Barito Pacific Tbk Pt 219,802 0.03
1,044,200 Charoen Pokphand Indonesia Tbk Pt 383,313 0.05
66,700 Gudang Garam Tbk Pt 125,922 0.01
413,400 Indah Kiat Pulp & Paper Corp. 199,576 0.02
208,400 Indocement Tunggal Prakarsa Tbk Pt 155,574 0.02
268,000 Indofood Cbp Sukses Makmur Tbk Pt 143,849 0.02
647,400 Indofood Sukses Makmur Tbk Pt 252,631 0.03
3,101,200 Kalbe Farma Tbk Pt 308,998 0.04
1,855,234 Merdeka Copper Gold Tbk Pt 445,247 0.05
3,050,500 Sarana Menara Nusantara Tbk Pt 211,727 0.02
278,700 Semen Indonesia Persero Tbk PT 124,660 0.01
5,957,700 Telkom Indonesia Persero Tbk PT 1,484,953 0.17
1,367,000 Tower Bersama Infrastructure Tbk Pt 248,796 0.03
1,098,000 Unilever Indonesia Tbk Pt 278,418 0.03
244,730 United Tractors Tbk Pt 334,437 0.04
12,775,986 1.47
INR Equities
15,393 ACC Limited 403,454 0.05
53,781 Adani Green Energy Limited 846,276 0.10
40,425 Adani Total Gas Limited 823,347 0.10
41,124 Adani Transmissions Limited 846,851 0.10
108,036 Ambuja Cements Limited 482,431 0.06
14,516 Apollo Hospitals Enterprise Limited 860,854 0.10
53,561 Asian Paints Limited 2,143,355 0.24
43,870 Aurobindo Pharma Limited 381,084 0.04
21,751 Avenue Supermarts Limited 1,201,935 0.14
279,202 Axis Bank Limited 2,241,044 0.26
254
(expressed in EUR)

12,968 Bajaj Auto Limited 498,433 0.06
33,506 Bajaj Finance Limited 2,765,414 0.32
5,531 Bajaj Finserv Limited 1,073,400 0.12
16,029 Balkrishna Industries Limited 440,534 0.05
101,242 Bandhan Bank Limited 302,633 0.04
38,307 Berger Paints India Limited 349,707 0.04
415,000 Bharat Electronics Limited 1,030,657 0.12
46,437 Bharat Forge Limited 383,333 0.04
133,456 Bharat Petroleum Corp. Limited 608,494 0.07
326,939 Bharti Airtel Limited 2,644,514 0.31
41,870 Biocon Limited 180,605 0.02
15,522 Britannia Industries Limited 662,100 0.08
53,303 Cholamandalam Investment and Finance Company Limited 328,125 0.04
63,255 Cipla Limited 706,420 0.08
240,407 Coal India Limited 415,335 0.05
13,814 Colgate-Palmolive Company 242,054 0.03
55,698 Container Corp. 404,899 0.05
80,548 Dabur India Limited 552,675 0.06
16,916 Divi’s Laboratories Limited 936,109 0.11
104,737 DLF Limited 483,744 0.06
15,902 Dr Reddys Laboratories Limited - ADR 923,034 0.11
22,540 Eicher Motors Limited 691,070 0.08
238,980 Gail India Limited 365,236 0.04
54,895 Godrej Consumer Products Limited 628,804 0.07
4,991 Godrej Properties Limited 110,509 0.01
42,142 Grasim Industries Limited 808,692 0.09
72,047 Havell’s India Limited 1,190,590 0.13
201,873 Hcl Technologies Limited 3,149,967 0.37
7,000 HDFC Asset Management Company Limited 202,545 0.02
129,913 HDFC Standard Life Insurance Company Limited 998,195 0.12
12,834 Hero Honda Motors Limited 373,781 0.04
228,161 Hindalco Industries Limited 1,283,476 0.15
102,831 Hindustan Lever Limited 2,870,870 0.34
115,322 Hindustan Petroleum Corp. 398,809 0.05
214,468 Housing Development Finance Corp. 6,561,704 0.76
649,863 ICICI Bank Limited 5,689,729 0.66
28,432 ICICI Lombard General Insurance Company Limited 471,274 0.05
63,422 Icici Prudential Life Insurance Company 420,725 0.05
362,027 Indian Oil Corp. Limited 477,492 0.06
38,739 Indian Railway Catering & Tourism Corporation Limited 381,146 0.04
61,545 Indraprastha Gas Limited 342,460 0.04
140,309 Indus Towers Limited 412,109 0.05
11,551 Info Edge India Limited 761,985 0.09
470,266 Infosys Technologies Limited 10,501,179 1.23
19,468 Interglobe Aviation Limited 464,618 0.06
403,700 ITC Limited 1,041,273 0.13
114,594 JSW Steel Limited 889,166 0.10
10,792 Jubilant Foodworks Limited 458,437 0.05
255
(expressed in EUR)

70,845 Kotak Mahindra Bank Limited 1,505,184 0.18
31,782 Lupin Limited 357,435 0.04
119,105 Mahindra & Mahindra Limited 1,179,460 0.14
65,227 Marico Limited 395,547 0.05
16,880 Maruti Suzuki India Limited 1,482,872 0.17
181,379 Motherson Sumi Systems Limited 479,099 0.06
30,843 Mphasis Limited 1,239,264 0.14
369 MRF Limited 320,115 0.04
15,728 Muthoot Finance Limited 278,262 0.03
4,617 Nestle India Limited 1,076,222 0.13
635,922 NTPC Limited 935,782 0.11
1,858 Page Industries Limited 888,400 0.10
157,621 Petronet Lng Limited 403,480 0.04
15,376 PI Industries Limited 551,871 0.06
23,506 Pidilite Industries Limited 684,791 0.08
15,150 Piramal Enterprises Limited 473,814 0.06
445,076 Power Grid Corp. of India Limited 1,076,132 0.12
360,809 Reliance Industries Limited 10,107,334 1.19
27,662 Sbi Cards & Payment Services Limited 303,705 0.04
57,543 SBI Life Insurance Company Limited 814,092 0.09
1,619 Shree Cement Limited 516,843 0.06
24,710 Shriram Transport Finance Company Limited 355,724 0.04
36,948 Siemens Limited 1,032,051 0.12
10,232 SRF Limited 292,917 0.03
228,183 State Bank of India 1,242,842 0.14
117,011 Sun Pharmaceutical Industries Limited 1,170,558 0.14
126,144 Tech Mahindra Limited 2,671,795 0.31
7,023 Torrent Pharmaceuticals Limited 272,359 0.03
13,613 UltraTech Cement Limited 1,222,379 0.14
49,559 United Spirits Limited 526,587 0.06
77,755 UPL Limited 687,159 0.08
185,947 Vedanta Limited 750,496 0.09
299,513 Wipro Limited 2,534,453 0.29
1,243,204 Yes Bank Limited 201,471 0.02
279,848 Zomato Limited 454,840 0.06
106,594,026 12.41
KRW Equities
3,588 Alteogen Inc. 200,919 0.02
4,277 Amorepacific Corp. 528,358 0.06
4,583 Amorepacific Group 150,354 0.02
635 Bgf Retail Company 68,345 0.01
10,466 Celltrion Healthcare Company Limited 620,909 0.07
12,639 Celltrion Inc. 1,851,188 0.23
1,586 Celltrion Pharm Inc. 145,947 0.02
10,410 Cheil Worldwide Inc. 175,958 0.03
1,124 CJ Cheiljedang Corp. 322,189 0.04
2,925 CJ Corp. 180,453 0.02
1,069 CJ ENM Company Limited 109,759 0.01
256
(expressed in EUR)

731 CJ Logistics Corp. 68,133 0.01
7,520 Coway Company Limited 413,870 0.05
4,276 DB Insurance Company Limited 170,806 0.02
11,371 Doosan Bobcat Inc. 342,767 0.04
39,833 Doosan Heavy Industries & Construction Company Limited 601,099 0.08
3,447 Douzone Bizon Company Limited 186,139 0.02
1,626 Ecopro Bm Company Limited 602,362 0.07
2,877 E-Mart Company Limited 321,358 0.04
414 F&F Company Limited 289,404 0.03
388 Green Cross Corp. 62,569 0.01
10,054 GS Engineering & Construction Corp. 294,515 0.03
10,393 GS Holdings Corp. 300,601 0.03
38,523 Hana Financial Group Inc. 1,198,281 0.14
9,704 Hankook Tire Company Limited 284,980 0.03
1,050 Hanmi Pharm Company Limited 214,374 0.02
26,875 Hanon Systems 267,389 0.03
11,158 HLB Inc. 287,236 0.03
34,499 HMM Company Limited 686,486 0.08
5,062 Hotel Shilla Company Limited 292,072 0.03
1,691 Hybe Company Limited 436,558 0.05
12,468 Hyundai Engineering & Construction Company Limited 409,960 0.05
2,659 Hyundai Glovis Company Limited 330,446 0.04
8,499 Hyundai Mobis 1,600,030 0.18
4,697 Hyundai Motor Company Pfd 350,925 0.04
3,126 Hyundai Motor Company Pfd 227,771 0.03
17,495 Hyundai Motor Company 2,704,786 0.31
6,477 Hyundai Robotics Company Limited 257,289 0.03
12,572 Hyundai Steel Company 381,295 0.04
1,430 Iljin Materials Company Limited 142,805 0.02
33,116 Industrial Bank of Korea 252,318 0.03
37,869 Kakao Corp. 3,151,440 0.37
1,766 Kakao Games Corp. 118,879 0.01
6,570 KakaoBank Corp. 286,741 0.03
14,869 Kangwon Land Inc. 264,527 0.03
49,703 KB Financial Group Inc. 2,022,172 0.24
34,031 Kia Corp. 2,069,280 0.24
15,580 Korea Aerospace Industries Limited 373,986 0.04
6,041 Korea Investment Holdings Company Limited 360,624 0.04
5,188 Korea Shipbuilding & Offshore Engineering Company Limited 363,048 0.04
1,155 Korea Zinc Company Limited 436,592 0.05
17,600 Korean Air Lines Company Limited 382,114 0.04
2,485 Krafton Inc. 845,584 0.10
14,624 Kt&g Corp. 854,606 0.10
2,894 Kumho Petrochemical 355,369 0.04
1,524 L&F Company Limited 250,722 0.03
1,074 LG Chem Limited 228,013 0.03
5,830 LG Chem Limited P.P. 144A 2,652,261 0.30
11,023 LG Corp. 659,661 0.08
257
(expressed in EUR)

30,975 LG Display Company Limited 563,663 0.07
13,679 LG Electronics Inc. 1,396,388 0.16
160 LG Household & Health Care Limited 72,908 0.01
1,225 LG Household & Health Care Limited 994,067 0.12
2,160 LG Innotek Company Limited 581,605 0.07
27,499 LG Uplus Corp. 276,649 0.03
2,429 Lotte Chemical Corp. 389,906 0.05
446 Lotte Shopping Company Limited 28,769 0.00
37,619 Mirae Asset Daewoo Company Limited 240,711 0.03
15,460 Naver Corp. 4,328,607 0.50
2,132 Ncsoft Corp. 1,014,077 0.12
2,707 Netmarble Games Corp. 250,306 0.03
17,920 NH Investment & Securities Company Limited 165,699 0.02
3,758 Orion Corp. 287,720 0.03
38,211 Pan Ocean Company Limited 152,918 0.02
4,445 Pearl Abyss Corp. 454,744 0.05
9,592 Posco 1,947,710 0.23
4,284 Posco Chemical Company Limited 456,336 0.05
3,104 S-1 Corp. 169,683 0.02
2,154 Samsung Biologics Company Limited 1,438,818 0.17
11,308 Samsung C&T Corp. 995,418 0.12
7,402 Samsung Electro-Mechanics Company Limited 1,081,406 0.13
593,079 Samsung Electronics Company Limited 34,351,606 4.00
103,103 Samsung Electronics Company Limited Pfd 5,430,303 0.63
26,147 Samsung Engineering Company Limited 442,925 0.05
3,572 Samsung Fire & Marine Insurance Company Limited 533,747 0.06
102,224 Samsung Heavy Industries Company Limited 428,754 0.05
9,608 Samsung Life Insurance 455,579 0.05
7,033 Samsung Sdi Company Limited 3,407,648 0.40
4,425 Samsung Sds Company Limited 512,272 0.06
9,623 Samsung Securities Company Limited P.P. 144A 319,617 0.04
3,369 SD Biosensor Inc. 139,311 0.01
4,600 Seegene Inc. 207,568 0.02
3,976 Shin Poong Pharmaceutical Company 93,970 0.01
56,295 Shinhan Financial Group Company Limited 1,532,465 0.19
2,109 SK Biopharmaceuticals Company Limited 151,641 0.02
2,416 Sk Bioscience Company Limited 402,117 0.05
2,105 SK Chemicals Company Limited 232,012 0.03
68,322 SK hynix Inc. 6,620,711 0.77
1,843 SK IE Technology Company Limited 229,038 0.03
7,462 SK Innovation Company Limited P.P. 144A 1,316,486 0.15
2,791 Sk Square Company Limited 137,088 0.02
4,318 SK Telecom Company Limited 184,941 0.02
3,072 Skc Company Limited 396,542 0.05
57,938 Woori Financial Group Inc. 544,302 0.06
6,914 Yuhan Corp. 317,610 0.04
109,684,983 12.79
258
(expressed in EUR)
KWD Equities
136,914 Agility 376,423 0.04
162,261 Boubyan Bank KSCP 372,939 0.04
604,346 Kuwait Finance House 1,462,870 0.17
89,933 Mabanee Company KPSC 207,486 0.02
293,195 Mobile Telecommunications Company 507,540 0.06
852,005 National Bank of Kuwait 2,471,349 0.29
5,398,607 0.62
MXN Equities
203,200 Alfa SA de CV - A 131,143 0.02
4,347,000 America Movil SAB de CV 4,051,364 0.47
57,656 Arca Continental SAB de CV 323,351 0.04
50,600 Becle SA de CV 111,668 0.01
2,425,278 Cemex SAB de CV 1,457,911 0.17
71,400 Coca-Cola Femsa SAB de CV 342,692 0.04
427,500 Fibra Uno Administracion SA de CV 397,508 0.05
249,900 Fomento Economico Mexicano SAB de CV 1,710,759 0.20
21,850 Gruma SAB de CV 246,471 0.03
217,300 Grupo Bimbo SAB de CV - A 587,957 0.07
61,500 Grupo Carso SAB de CV 174,912 0.02
313,400 Grupo Financiero Banorte SAB de CV 1,791,299 0.21
308,200 Grupo Financiero Inbursa SA 324,717 0.04
333,600 Grupo Televisa SAB 552,590 0.06
70,820 Industrias Penoles SAB de CV 716,819 0.08
209,700 Kimberly-Clark de Mexico SA de CV 279,417 0.03
31,900 Megacable Holdings SAB de CV 95,620 0.01
268,830 Orbia Advance Corp. SAB de CV 603,785 0.07
34,665 Promotora y Operadora de Infraestructura SAB de CV 238,322 0.03
226,200 Telesites SAB de CV 203,721 0.02
643,100 Wal-Mart de Mexico SAB de CV 2,102,608 0.25
17,527,808 2.03
MYR Equities
242,800 Ammb Holdings Bhd 162,462 0.02
417,709 Axiata Group Bhd 366,784 0.04
780,010 Cimb Group Holdings Bhd 897,304 0.10
541,374 Dialog Group Bhd 299,393 0.03
459,800 Digi.Com Bhd 423,154 0.05
20,800 Fraser & Neave Holdings 108,619 0.01
217,300 Genting Bhd 214,200 0.02
458,800 Genting Malaysia Bhd 278,907 0.04
87,400 Hap Seng Consolidated 142,051 0.02
212,300 Hartalega Holdings Bhd 256,772 0.03
80,527 Hong Leong Bank Bhd 316,493 0.04
34,335 Hong Leong Financial Group Bhd 125,669 0.01
265,400 IHH Healthcare Bhd 411,188 0.05
305,200 Inari Amertron Bhd 257,684 0.03
259
(expressed in EUR)
MYR Equities (continued)

259,700 IOI Corp. Bhd 204,467 0.02
59,200 Kuala Lumpur Kepong Bhd 272,159 0.03
520,536 Malayan Banking Bhd 911,952 0.11
121,536 Malaysia Airports Holdings Bhd 153,408 0.02
259,300 Maxis Bhd 265,453 0.03
220,500 MISC Bhd 328,126 0.04
7,400 Nestle Malaysia Bhd 209,617 0.02
351,200 Petronas Chemicals Group Bhd 661,245 0.08
41,800 Petronas Dagangan Bhd 181,755 0.02
82,200 Petronas Gas Bhd 312,311 0.04
64,200 Ppb Group Bhd 231,726 0.03
417,600 Press Metal Aluminium Holdingin 509,485 0.06
1,878,600 Public Bank Bhd 1,649,570 0.19
127,206 RHB Bank Bhd 144,187 0.02
476,382 Sime Darby Bhd 233,285 0.03
273,682 Sime Darby Plantation Bhd 217,209 0.03
163,556 Telekom Malaysia Bhd 189,877 0.02
302,525 Tenaga Nasional Bhd 596,419 0.07
634,200 Top Glove Corp. Bhd 346,712 0.04
140,400 Westports Holdings Bhd 120,023 0.01
11,999,666 1.40
PHP Equities
295,230 Aboitiz Equity Ventures Inc. 277,218 0.03
635,100 AC Energy Corp. 120,475 0.01
37,391 Ayala Corp. 535,835 0.06
1,114,700 Ayala Land Inc. 705,484 0.08
196,158 Bank of The Philippine Islands 311,720 0.04
226,578 BDO Unibank Inc. 471,615 0.05
3,810 Globe Telecom Inc. 218,267 0.03
15,464 GT Capital Holdings Inc. 144,005 0.02
124,350 International Container Terminal Services Inc. 428,883 0.05
408,964 JG Summit Holdings Inc. 373,787 0.04
51,900 Jollibee Foods Corp. 193,681 0.02
31,150 Manila Electric Company 158,576 0.02
2,270,119 Metro Pacific Investments Corp. 152,678 0.02
143,555 Metropolitan Bank & Trust 137,891 0.02
8,000 Pldt Inc. 249,983 0.03
31,673 SM Investments Corp. 515,067 0.06
1,291,425 SM Prime Holdings Inc. 754,974 0.09
137,740 Universal Robina Corp. 304,042 0.04
6,054,181 0.71
PLN Equities
43,634 Allegro.eu SA 369,949 0.04
20,877 Bank Polska Kasa Opieki SA 555,702 0.06
8,965 Cd Projekt Red SA 377,309 0.04
40,908 Cyfrowy Polsat SA 309,886 0.04
6,913 Dino Polska SA 553,990 0.06
260
(expressed in EUR)
PLN Equities (continued)

18,433 KGHM Polska Miedz SA 560,626 0.07
156 LPP SA 585,420 0.07
82,829 Orange Polska SA - GDR 152,705 0.02
82,870 PGE Polska Grupa Energetyczna SA 145,765 0.02
39,975 Polski Koncern Naftowy Orlen 648,374 0.08
255,329 Polskie Gornictwo Naftowe i Gazownictwo SA 350,958 0.04
104,129 Powszechna Kasa Oszczednosci Bank Polski SA 1,020,757 0.12
72,946 Powszechny Zaklad Ubezpieczen SA 562,607 0.07
4,619 Santander Bank Polska SA 351,209 0.04
6,545,257 0.77
QAR Equities
145,964 Barwa Real Estate Company 107,872 0.01
279,116 Commercial Bank of Qatar 454,953 0.05
197,759 Industries Qatar 739,827 0.09
490,255 Masraf Al Rayan 549,393 0.06
639,575 Mesaieed Petrochemical Holding Company 322,835 0.04
143,590 Ooredoo QSC 243,447 0.03
55,673 Qatar Electricity & Water Company 223,201 0.03
74,650 Qatar Fuel Company 329,571 0.04
323,883 Qatar Gas Transport Company Nakilat 258,134 0.03
155,035 Qatar Islamic Bank 686,333 0.08
562,687 Qatar National Bank SAQ P.P. 144A 2,743,759 0.32
6,659,325 0.78
RUB Equities
6,591 Ozon Holdings plc 176,059 0.02
57,820 Polymetal International plc 889,684 0.10
14,144 Tcs Group Holding plc 1,011,919 0.12
619,685 United Company Rusal International PJSC 537,602 0.06
17,156 VK Company Limited 175,384 0.02
38,041 Yandex NV - A 2,013,309 0.23
4,803,957 0.55
SAR Equities
5,752 Abdullah Al Othaim Markets 145,770 0.02
32,764 Advanced Petrochemical Company 540,246 0.06
153,396 Al Rajhi Bank 5,094,630 0.59
127,831 Alinma Bank 717,374 0.08
34,949 Almarai Company Limited 399,054 0.05
81,975 Arab National Bank 438,915 0.05
44,990 Bank AlBilad 488,414 0.06
52,411 Bank Al-Jazira 236,920 0.03
75,475 Banque Saudi Fransi 835,271 0.10
14,155 BUPA Arabia for Cooperative Insurance Company 435,640 0.05
8,341 Co for Cooperative Insurance/The 151,406 0.02
93,875 Dar Al Arkan Real Estate Development Company 221,192 0.03
6,416 Dr Sulaiman Al-Habib Medical Services Group Company 242,544 0.03
63,564 Emaar Economic City 177,762 0.02
54,282 Etihad Etisalat Company 396,037 0.05
7,312 Jarir Marketing Company 337,042 0.04
261
(expressed in EUR)
SAR Equities (continued)

69,401 Mobile Telecommunications Company Saudi Arabia 195,711 0.02
8,358 Mouwasat Medical Services Company 340,231 0.04
106,319 National Industrialization Co 497,043 0.06
44,054 National Petrochemical Co 412,732 0.05
208,002 Rabigh Refining & Petrochemical Co 1,008,464 0.12
164,491 Riyad Bank 1,044,080 0.12
34,136 SABIC Agri-Nutrients Company 1,411,971 0.16
74,234 Sahara International Petrochemical Company 730,255 0.08
76,645 Saudi Arabian Mining Co-Ma’aden 1,409,210 0.16
98,730 Saudi British Bank 763,107 0.09
32,111 Saudi Cement Company 412,151 0.05
113,302 Saudi Electricity Company 636,369 0.07
70,916 Saudi Industrial Investment Group 517,399 0.05
165,747 Saudi Kayan Petrochemical Company 660,735 0.08
277,187 Saudi National Bank 4,181,009 0.49
79,555 Saudi Telecom Company 2,094,383 0.24
28,899 Savola Group 216,260 0.03
56,583 Yanbu National Petrochemicals Company 910,469 0.11
28,299,796 3.30
THB Equities
157,700 Advanced Info Service pcl 954,809 0.11
73,700 B Grimm Power pcl 78,574 0.01
220,791 Bangkok Expressway & Metro pcl 49,113 0.01
1,020,200 Bangkok Expressway & Metro pcl 226,934 0.03
101,800 Berli Jucker pcl 83,074 0.01
91,800 Berli Jucker pcl 74,914 0.01
1,173,300 BTS Group Holdings pcl 288,787 0.03
62,452 Bumrungrad Hospital pcl 231,805 0.03
194,947 Central Retail Corp. pcl 164,219 0.02
762,900 CP All pcl 1,184,886 0.14
34,200 Delta Electronics Thai pcl 370,920 0.04
324,600 Gulf Energy Development pcl 390,928 0.05
262
(expressed in EUR)
THB Equities (continued)

68,800 Intouch Holdings pcl 145,342 0.02
437,000 Krung Thai Bank pcl 151,849 0.02
90,800 Krungthai Card pcl - NVDR 141,622 0.02
1,294,800 Land & Houses pcl 299,945 0.03
321,549 Minor International pcl 243,356 0.03
111,400 Muangthai Capital pcl 172,286 0.02
101,800 Osotspa pcl 91,784 0.01
287,120 Ptt Oil & Retail Business pcl 204,072 0.02
1,206,900 PTT pcl - NVDR 1,207,291 0.14
199,200 Scg Packaging pcl 363,133 0.04
59,664 Siam Cement pcl - NVDR 606,256 0.07
9,400 Siam Cement pcl 95,515 0.01
35,400 Siam Cement pcl 359,706 0.04
117,000 Siam Commercial Bank pcl - Reg 391,153 0.05
81,900 Sri Trang Gloves Thailand pcl 65,218 0.01
127,600 Srisawad Corp. PCL 207,417 0.02
146,051 Thai Oil pcl 190,312 0.02
117,100 Thai Union Frozen Products pcl 60,110 0.01
295,000 Thai Union Group 151,431 0.02
1,776,013 True Corp. pcl 223,476 0.03
14,231,378 1.67
TRY Equities
426,425 Akbank TAS 203,306 0.02
53,100 Bim Birlesik Magazalar AS 215,541 0.03
191,318 Eregli Demir Ve Celik Fabrikalari Tas 356,750 0.04
8,073 Ford Otomotiv Sanayi AS 127,283 0.01
127,964 Koc Holding AS 240,479 0.03
1 Turk Hava Yollari 1 0.00
167,077 Turkcell Iletisim Hizmetleri AS 204,232 0.02
321,510 Turkiye Garanti Bankasi AS 239,935 0.03
207,804 Turkiye Is Bankasi 98,937 0.01
14,976 Turkiye Petrol Rafinerileri AS 153,115 0.02
185,845 Turkiye Sise ve Cam Fabrikalari AS 164,658 0.02
0* Yapi ve Kredi Bankasi AS 0 0.00
2,004,237 0.23
TWD Equities
53,000 Accton Technology Corp. 437,974 0.05
409,650 Acer Inc. 396,460 0.05
53,827 Advantech Company Limited 678,333 0.08
19,882 Airtac International Group 644,554 0.07
398,781 ASE Technology Holding Company 1,349,844 0.16
* Fractional shares rounded to 0. The accompanying notes form an integral part of these financial statements.
263
(expressed in EUR)

336,726 Asia Cement Corp. 474,111 0.06
93,460 Asustek Computer Inc. 1,116,896 0.12
1,126,000 AU Optronics Corp. 819,546 0.10
97,000 Catcher Technology Company Limited 482,486 0.06
1,010,256 Cathay Financial Holding Company Limited 2,006,832 0.23
159,876 Chailease Holding Company Limited 1,338,947 0.16
451,467 Chang Hwa Commercial Bank 243,935 0.03
83,693 Cheng Shin Rubber Industry Company Limited 96,028 0.01
1,592,376 China Development Financial Holding Corp. 885,693 0.10
47,441 China Development Financial Holding Corp. 14,460 0.00
1,567,682 China Steel Corp. 1,761,354 0.20
487,800 Chunghwa Telecom Company Limited 1,806,205 0.21
436,089 Compal Electronics Inc. 335,421 0.04
2,274,446 CTBC Financial Holding Company Limited 1,875,912 0.22
251,922 Delta Electronics Inc. 2,201,903 0.26
1,543,964 E.Sun Financial Holding Company Limited 1,376,478 0.16
27,615 Eclat Textile Company Limited 553,827 0.06
7,000 eMemory Technology Inc. 487,238 0.06
318,306 Evergreen Marine Corp. 1,441,647 0.16
398,430 Far Eastern New Century Corp. 371,039 0.04
172,000 Far Eastone Telecommunications Company Limited 353,151 0.04
48,727 Feng Tay Enterprise Company Limited 358,525 0.04
1,347,400 First Financial Holding Company Limited 1,049,209 0.12
444,800 Formosa Chemicals & Fibre Corp. 1,142,288 0.13
159,000 Formosa Petrochemical Corp. 484,635 0.06
491,240 Formosa Plastics Corp. 1,623,776 0.19
149,681 Foxconn Technology Company Limited 308,753 0.04
922,968 Fubon Financial Holding Company Limited 2,238,261 0.26
41,309 Giant Manufacturing Company Limited 452,963 0.05
30,000 Globalwafers Company Limited 846,708 0.10
41,199 Hiwin Technologies Corp. 401,344 0.05
1,570,019 Hon Hai Precision Industry Company Limited 5,189,644 0.60
39,000 Hotai Motor Company Limited 761,084 0.09
1,151,291 Hua Nan Financial Holdings Company Limited 775,747 0.09
1,098,784 InnoLux Display Corp. 684,491 0.08
369,697 Inventec Company Limited 293,168 0.03
13,000 Largan Precision Company Limited 1,018,497 0.12
301,258 Lite-On Technology Corp. 610,884 0.07
187,914 MediaTek Inc. 7,107,313 0.83
1,403,147 Mega Financial Holding Company Limited 1,585,412 0.18
101,000 Micro-Star International Company Limited 515,224 0.06
5,000 Momo.com Inc. 258,240 0.03
658,420 Nan Ya Plastics Corp. 1,787,146 0.21
19,000 Nan Ya Printed Circuit Board Corp. 345,421 0.04
175,000 Nanya Technology Corp. 434,399 0.05
23,000 Nien Made Enterprise Company Limited 301,544 0.04
75,000 Novatek Microelectronics Corp. Limited 1,284,841 0.15
23,000 Oneness Biotech Company Limited 210,167 0.02
264
(expressed in EUR)

8,000 Parade Technologies Limited 537,774 0.06
208,000 Pegatron Corp. 456,815 0.05
325,640 Pou Chen Corp. 343,100 0.04
68,000 President Chain Store Corp. 591,106 0.07
346,000 Quanta Computer Inc. 1,041,419 0.12
55,523 Realtek Semiconductor Corp. 1,023,529 0.12
139,668 Ruentex Development Company Limited 283,215 0.03
426,011 Shanghai Commercial & Savings Bank Limited 639,767 0.07
1,406,610 Shin Kong Financial Holding Company Limited 494,010 0.06
10,000 Silergy Corp. 1,597,111 0.19
1,298,280 Sinopac Financial Holdings Company Limited 666,408 0.08
190,623 Synnex Technology International Corp. 401,082 0.05
1,268,313 Taishin Financial Holding Company Limited 763,897 0.09
632,704 Taiwan Cement Corp. 965,253 0.11
1,205,486 Taiwan Cooperative Financial Holding 975,100 0.11
270,000 Taiwan High Speed Rail Corp. 254,012 0.03
229,400 Taiwan Mobile Company Limited 729,110 0.08
3,053,000 Taiwan Semiconductor Manufacturing Company Limited 59,676,217 6.93
119,000 Unimicron Technology Corp. 873,692 0.10
643,884 Uni-President Enterprises Corp. 1,403,883 0.15
1,448,000 United Microelectronics Corp. 2,991,447 0.35
124,000 Vanguard International Semiconductor Corp. 622,699 0.07
3,000 Voltronic Power Technology Corp. 147,316 0.02
68,300 Wan Hai Lines Limited 430,904 0.05
47,000 Win Semiconductors Corp. 559,434 0.07
439,000 Winbond Electronics Corp. 474,398 0.06
391,832 Wistron Corp. 363,026 0.04
5,000 Wiwynn Corp. 177,192 0.02
224,501 WPG Holdings Company Limited 375,321 0.04
48,340 Yageo Corp. 736,707 0.09
167,000 Yang Ming Marine Transport 642,246 0.07
1,149,724 Yuanta Financial Holding Company Limited 924,514 0.11
91,792 Zhen Ding Technology Holding Limited 293,204 0.03
138,074,866 16.02
USD Equities
8,400 360 Digitech Inc. 169,374 0.02
3,800 51job Inc. - ADR 163,502 0.02
5,800 Agora Inc. 82,675 0.01
8,200 Autohome Inc. - ADR 212,571 0.02
34,500 Baidu Inc. - ADR 4,513,942 0.53
5,900 Beigene Limited - ADR 1,405,634 0.17
20,800 Bilibili Inc. 848,681 0.10
23,100 Chindata Group Holdings Limited 133,863 0.02
72,851 Companhia de Minas Buenaventura SA - ADR 468,932 0.05
9,000 CrediCorp Limited 966,083 0.11
4,900 Dada Nexus Limited 56,704 0.01
7,000 Daqo New Energy Corp. 248,189 0.03
265
(expressed in EUR)

32,098 Didi Global Inc. 140,563 0.02
11,300 GDS Holdings Limited 468,614 0.05
22,000 Hello Group Inc. 173,725 0.02
22,000 Huazhu Group Limited 722,371 0.08
12,400 Hutmed China Limited 382,511 0.04
3,600 I-Mab 150,021 0.02
37,200 iQIYI Inc. 149,166 0.02
108,190 JD.com Inc. - ADR 6,666,262 0.78
7,800 JOYY Inc. - A 311,602 0.04
4,374 Kanzhun Limited 134,159 0.02
42,350 KE Holdings Inc. - A 749,281 0.09
6,600 Kingsoft Cloud Holdings Limited 91,409 0.01
2,726 Legend Biotech Corp. 111,730 0.01
67,535 Li Auto Inc. 1,906,326 0.22
51,684 Lukoil PJSC 3,980,954 0.46
38,163 Magnit OJSC 503,381 0.06
64,000 Mobile Telesystems OJSC - ADR 447,415 0.05
50,750 Netease.com - ADR 4,542,151 0.52
199,000 New Oriental Education & Technology Group - ADR 367,482 0.04
171,292 NIO Inc. 4,771,836 0.57
5,200 Noah Holdings Limited 140,334 0.02
11,724 Novatek OAO - GDR 2,414,492 0.28
33,566 Phosagro OAO - GDR 636,963 0.08
54,100 Pinduoduo Inc. - A 2,773,505 0.32
84,000 Rlx Technology Inc. 288,076 0.03
218,280 Shanghai Lujiazui Finance & Trade 174,862 0.02
49,000 Tal Education Group - ADR 169,337 0.02
18,088 Tatneft - ADR 660,247 0.08
79,100 Tencent Music Entertainment Group 476,465 0.06
65,400 Trip.com Group Limited 1,415,888 0.16
57,100 Vipshop Holdings Limited 421,773 0.05
10,200 Vnet Group Inc. - ADR 80,994 0.01
7,385 Weibo Corp. - ADR 201,185 0.02
16,494 X5 Retail Group NV - GDR - Reg 383,922 0.04
47,426 XPeng Inc. 2,098,972 0.24
52,159 Yum China Holdings Inc. 2,285,970 0.26
10,258 Zai Lab Limited 566,931 0.07
53,174 Zto Express Cayman Inc. 1,319,531 0.15
77,401,255 9.01
ZAR Equities
96,484 Absa Group Limited 810,962 0.09
15,184 African Rainbow Minerals Limited 193,439 0.02
7,078 Anglo American Platinum Limited 708,506 0.08
54,109 Anglogold Ashanti Limited 979,946 0.11
52,184 Aspen Pharmacare Holdings Limited 645,313 0.08
43,571 Bid Corp. Limited 783,646 0.09
39,900 Bidvest Group Limited 416,486 0.05
266
(expressed in EUR)
ZAR Equities (continued)

9,374 Capitec Bank Holdings Limited 1,053,526 0.12
33,076 Clicks Group Limited 575,025 0.07
48,225 Discovery Holdings Limited 381,477 0.04
46,491 Exxaro Resources Limited 391,583 0.05
652,987 Firstrand Limited 2,187,464 0.25
106,917 Gold Fields Limited 1,025,836 0.13
461,464 Growthpoint Properties Limited 390,791 0.05
71,495 Harmony Gold Mining Company Limited 262,351 0.03
102,292 Impala Platinum Holdings Limited 1,268,110 0.16
9,117 Kumba Iron Ore Limited 231,115 0.03
35,965 Mr Price Group Limited 395,326 0.05
51,514 MultiChoice Group Limited 346,358 0.04
27,067 Naspers Limited 3,686,560 0.43
59,950 Nedbank Group Limited 578,109 0.07
65,585 Nepi Rockcastle plc 383,039 0.04
51,379 Northam Platinum Holdings Limited 593,065 0.07
602,898 Old Mutual Limited 435,159 0.05
102,992 Pepkor Holdings Limited 124,217 0.01
98,106 Rand Merchant Investment Holdings Limited 244,162 0.03
20,760 Reinet Investments Sca 327,169 0.04
66,899 Remgro Limited 483,416 0.06
232,540 Sanlam Limited 760,544 0.09
71,834 Sasol Limited 1,025,091 0.12
64,886 Shoprite Holdings Limited 746,759 0.09
24,321 Spar Group Limited 223,946 0.03
165,676 Standard Bank Group Limited 1,278,060 0.15
36,457 Tiger Brands Limited 363,574 0.04
171,825 Vodacom Group Pty Limited 1,274,467 0.15
143,069 Woolworths Holdings Limited 408,800 0.05
26,980,819 3.18
RUB Equities
402,130 Alrosa PJSC 578,926 0.07
2,055,000 Inter Rao Ues OAO 102,932 0.01
42,560 Moscow Exchange Micex 76,430 0.01
271,419 Novolipetsk Steel PJSC 692,528 0.08
3,490 Polyus PJSC 534,965 0.06
17,529 Severstal PAO 329,871 0.04
2,315,652 0.27
USD Equities
138,669 Alrosa Company Limited 199,638 0.02
1,477,666 Gazprom OAO 5,946,898 0.70
1,550,000 Inter Rao Ues OAO 77,639 0.01
267
(expressed in EUR)

124,717 Moscow Exchange Micex 223,972 0.03
2,958 Polyus Gold Company 453,425 0.05
154,350 Rosneft Oil Company 1,085,554 0.13
1,351,835 Sberbank 4,653,449 0.54
26,155 Severstal 492,209 0.06
792,225 Surgutneftegaz 369,470 0.04
978,230 Surgutneftegaz Pfd 441,308 0.05
78,967 Tatneft 463,357 0.05
321,306,753 VTB Bank OJSC 181,957 0.02
14,588,876 1.70
HKD Rights
11,904 Seazen Group Limited - Right 0 0.00
0 0.00
KRW Rights
5,067 Doosan Heavy Industries & Company - Right 16,492 0.00
16,492 0.00
Total Transferable securities and money market instruments dealt in on another regulated market and recently 16,921,020 1.97

HKD Equities
1,288,600 China Common Rich Renewable Energy* 0 0.00
30,100 China Huishan Dairy Holdings Company Limited§ 0 0.00
0 0.00
Total Other transferable securities and money market instruments 0 0.00
*
Stale price.
§
268
Sector % NAV
Semiconductors 14.54
Banks 11.75
Chemicals 3.17
Retail 2.51
Insurance 2.39
Software 2.34
Beverages 1.37
Iron and steel 1.30
Transportation 1.20
Real estate 1.13
Food services 1.06
Food 0.97
Biotechnology 0.69
Apparel 0.62
Machinery 0.54
Tobacco 0.39
Restaurants 0.34
Agriculture 0.29
Consumer goods 0.28
Coal 0.21
269
Sector % NAV
Stores 0.14
Lodging 0.08
Advertising 0.07
Textiles 0.06
Leisure 0.06
Toys and games 0.05
Storage and warehousing 0.04
Gas 0.04
Home builders 0.03
Airlines 0.03
Pipelines 0.03
Media 0.02
Medical 0.01
270
(expressed in EUR)
Quantity/ Description Market Value % NAV

Nominal Value
EUR Supranationals, Governments and Local Public Authorities, Debt Instruments
800,000 Adif Alta Velocidad 0.550% - 31/Oct/31 790,337 0.08
800,000 Adif Alta Velocidad 1.250% - 4/May/26 843,586 0.09
4,400,000 African Development Bank 0.250% - 24/Jan/24 4,456,122 0.47
1,700,000 Agence Francaise de Developpement 0.125% - 15/Nov/23 1,717,116 0.18
900,000 Agence Francaise de Developpement 0.375% - 25/May/36 864,407 0.09
2,300,000 Agence Francaise de Developpement 1.000% - 31/Jan/28 2,443,284 0.26
4,000,000 Asian Development Bank 0.000% - 24/Oct/29 3,957,490 0.43
1,000,000 Austria (Govt of ) 0.000% - 20/Oct/40 917,551 0.10
1,000,000 Austria (Govt of ) 0.750% - 20/Feb/28 1,059,981 0.11
1,100,000 Autonomous Community of Madrid 0.747% - 30/Apr/22 1,105,135 0.12
2,600,000 Autonomous Community of Madrid 1.571% - 30/Apr/29 2,835,303 0.30
2,100,000 Basque (Govt) 0.450% - 30/Apr/32 2,059,446 0.22
6,600,000 Belgium (Govt of ) 0.000% - 22/Oct/27 6,702,036 0.71
1,600,000 Belgium (Govt of ) 0.900% - 22/Jun/29 1,719,120 0.18
2,700,000 BPIFrance Financement SA 0.000% - 25/Nov/22 2,712,187 0.29
1,800,000 BPIFrance Financement SA 0.000% - 25/May/28 1,800,914 0.19
1,100,000 BPIFrance Financement SA 0.250% - 29/Mar/30 1,105,020 0.12
1,900,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/Nov/30 1,855,567 0.20
900,000 Cassa Depositi e Prestiti SpA 1.000% - 11/Feb/30 898,522 0.09
1,600,000 Chile (Govt of ) 0.555% - 21/Jan/29 1,588,440 0.17
700,000 Chile (Govt of ) 1.250% - 22/Jan/51 633,049 0.07
1,000,000 Cores 1.750% - 24/Nov/27 1,087,850 0.11
2,700,000 Corporacion Andina de Fomento 0.250% - 4/Feb/26 2,691,832 0.28
3,000,000 Corporacion Andina de Fomento 0.500% - 25/Jan/22 3,001,616 0.32
4,400,000 Council of Europe Development Bank 0.625% - 30/Jan/29 4,586,467 0.49
1,500,000 Council of Europe Development Bank 1.750% - 24/Apr/24 1,574,052 0.16
1,100,000 Czech Republic (Govt of ) 3.875% - 24/May/22 1,118,920 0.12
3,400,000 European Financial Stability Facility 0.400% - 17/Feb/25 3,481,839 0.37
900,000 European Investment Bank 0.050% - 27/Jan/51 776,289 0.08
1,100,000 European Investment Bank 1.750% - 15/Sep/45 1,386,983 0.15
5,500,000 European Stability Mechanism 0.125% - 22/Apr/24 5,574,606 0.59
1,200,000 European Stability Mechanism 0.500% - 5/Mar/29 1,242,292 0.13
1,200,000 European Union 0.000% - 6/Jul/26 1,217,542 0.13
2,200,000 European Union 0.000% - 2/Jun/28 2,220,689 0.23
5,500,000 European Union 0.000% - 4/Oct/30 5,484,820 0.58
3,300,000 European Union 0.625% - 4/Nov/23 3,373,649 0.36
900,000 Flemish Community 0.375% - 13/Oct/26 922,581 0.10
31,100,000 France (Govt of ) 0.000% - 25/Mar/25 31,577,697 3.35
17,450,000 France (Govt of ) 0.500% - 25/May/29 18,186,895 1.92
271
(expressed in EUR)

Nominal Value
EUR Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
720,000 France (Govt of ) 1.250% - 25/May/36 798,167 0.08
9,800,000 France (Govt of ) 1.750% - 25/Jun/39 11,835,264 1.25
15,400,000 France (Govt Of ) 0.500% - 25/Jun/44 14,713,100 1.56
7,150,000 Germany (Govt of ) 0.000% - 15/Aug/29 7,328,893 0.77
22,130,000 Germany (Govt of ) 0.000% - 15/May/35 22,202,585 2.35
15,300,000 Germany (Govt of ) 0.250% - 15/Feb/27 15,858,297 1.68
4,480,000 Germany (Govt of ) 4.750% - 4/Jul/34 7,291,917 0.77
1,500,000 Hungary (Govt of ) 0.125% - 21/Sep/28 1,461,508 0.15
1,500,000 Hungary (Govt of ) 0.500% - 18/Nov/30 1,474,630 0.16
400,000 Hungary (Govt of ) 1.750% - 5/Jun/35 417,469 0.04
800,000 IBRD 0.200% - 21/Jan/61 676,389 0.07
1,200,000 International Bank for Reconstruction & Development 0.500% - 16/Apr/30 1,236,358 0.13
5,000,000 Ireland (Govt of ) 1.000% - 15/May/26 5,296,800 0.56
460,000 Ireland (Govt of ) 2.000% - 18/Feb/45 588,511 0.06
6,000,000 Ireland (Govt of ) 3.400% - 18/Mar/24 6,528,420 0.69
25,200,000 Italy (Govt of ) 0.650% - 15/Oct/23 25,597,816 2.71
20,800,000 Italy (Govt of ) 0.900% - 1/Aug/22 20,967,752 2.22
7,200,000 Italy (Govt of ) 0.950% - 1/Dec/31 7,057,728 0.75
4,400,000 Italy (Govt of ) 1.500% - 30/Apr/45 4,128,038 0.44
7,000,000 Italy (Govt of ) 1.650% - 1/Dec/30 7,364,152 0.78
4,000,000 Italy (Govt of ) 1.800% - 1/Mar/41 4,041,616 0.43
12,800,000 Italy (Govt of ) 2.050% - 1/Aug/27 13,859,296 1.46
250,000 Italy (Govt of ) 2.150% - 1/Mar/72 239,350 0.03
11,900,000 Italy (Govt of ) 2.450% - 1/Sep/33 13,405,180 1.42
11,500,000 Italy (Govt of ) 3.000% - 1/Aug/29 13,346,929 1.41
5,915,000 Italy (Govt of ) 3.250% - 1/Sep/46 7,498,741 0.79
18,600,000 Italy (Govt of ) 3.750% - 1/Sep/24 20,438,091 2.16
4,000,000 Italy (Govt of ) 4.000% - 1/Feb/37 5,333,780 0.56
3,300,000 Kommunalbanken AS 0.875% - 24/May/27 3,443,875 0.36
600,000 Kommunekredit 0.625% - 21/Nov/39 599,196 0.06
2,400,000 Kreditanstalt fuer Wiederaufbau 1.500% - 11/Jun/24 2,515,743 0.27
1,350,000 Landwirtschaftliche Rentenbank 0.500% - 6/Mar/25 1,382,295 0.15
700,000 Latvia (Govt of ) 0.000% - 24/Jan/29 689,850 0.07
2,500,000 Luxembourg (Govt of ) 0.000% - 13/Nov/26 2,518,578 0.27
1,000,000 Luxembourg (Govt of ) 0.000% - 14/Sep/32 976,801 0.10
3,600,000 Luxembourg (Govt of ) 0.625% - 1/Feb/27 3,735,820 0.39
600,000 Madrid (Autonomous Community of ) 2.875% - 17/Jul/23 630,713 0.07
1,000,000 Nederlandse Waterschapsbank NV 0.375% - 28/Sep/46 954,195 0.10
1,300,000 Nederlandse Waterschapsbank NV 1.000% - 1/Mar/28 1,377,113 0.15
15,050,000 Netherlands (Govt of ) 0.750% - 15/Jul/27 15,987,615 1.69
1,200,000 Poland (Govt of ) 0.875% - 10/May/27 1,249,550 0.13
1,350,000 Poland (Govt of ) 1.000% - 7/Mar/29 1,426,275 0.15
200,000 Poland (Govt of ) 3.375% - 9/Jul/24 217,845 0.02
10,600,000 Portugal (Govt of ) 2.200% - 17/Oct/22 10,844,966 1.15
272
(expressed in EUR)

Nominal Value
8,800,000 Portugal (Govt of ) 2.875% - 21/Jul/26 10,059,280 1.06
3,550,000 Province of Quebec 0.000% - 15/Oct/29 3,465,508 0.37
1,200,000 Province of Quebec 2.375% - 22/Jan/24 1,266,023 0.13
1,900,000 Regie Autonome des Transports Parisiens 0.375% - 15/Jun/24 1,931,787 0.20
1,200,000 Region Ile de France 0.000% - 20/Apr/28 1,197,318 0.13
1,400,000 Region Ile de France 0.100% - 2/Jul/30 1,382,988 0.15
1,300,000 Region Ile de France 0.500% - 14/Jun/25 1,332,771 0.14
2,500,000 Romania (Govt of ) 3.624% - 26/May/30 2,718,108 0.29
900,000 Slovakia (Govt of ) 0.250% - 14/May/25 919,575 0.10
1,200,000 Slovakia (Govt of ) 0.750% - 9/Apr/30 1,274,524 0.13
400,000 Slovakia (Govt of ) 1.375% - 21/Jan/27 436,892 0.05
1,050,000 Slovenia (Govt of ) 0.000% - 12/Feb/31 1,013,739 0.11
550,000 Slovenia (Govt of ) 0.488% - 20/Oct/50 484,805 0.05
1,200,000 Societe du Grand Paris EPIC 0.000% - 25/Nov/30 1,167,939 0.12
1,800,000 Societe du Grand Paris EPIC 0.300% - 2/Sep/36 1,706,734 0.18
2,100,000 Societe du Grand Paris EPIC 1.125% - 22/Oct/28 2,253,482 0.24
1,000,000 Societe Fonciere Lyonnaise SA 1.700% - 25/May/50 1,159,280 0.12
20,600,000 Spain (Govt of ) 0.000% - 31/Jan/25 20,848,436 2.20
21,200,000 Spain (Govt of ) 0.400% - 30/Apr/22 21,286,920 2.25
700,000 Spain (Govt of ) 1.000% - 30/Jul/42 681,702 0.07
4,000,000 Spain (Govt of ) 1.000% - 31/Oct/50 3,631,774 0.38
5,200,000 Spain (Govt of ) 1.250% - 31/Oct/30 5,573,178 0.59
15,300,000 Spain (Govt of ) 1.400% - 30/Apr/28 16,553,223 1.75
1,530,000 Spain (Govt of ) 1.850% - 30/Jul/35 1,726,483 0.18
8,800,000 Spain (Govt of ) 2.900% - 31/Oct/46 11,882,288 1.26
19,400,000 Spain (Govt of ) 3.800% - 30/Apr/24 21,360,758 2.26
2,570,000 Spain (Govt of ) 4.200% - 31/Jan/37 3,777,283 0.40
2,500,000 Spain (Govt of ) 6.000% - 31/Jan/29 3,537,950 0.37
3,400,000 State of Hesse 0.000% - 26/Jul/24 3,427,246 0.36
3,800,000 State of North Rhine-Westphalia 0.000% - 5/May/25 3,828,310 0.40
1,200,000 State of North Rhine-Westphalia 0.375% - 2/Sep/50 1,127,385 0.12
1,500,000 State of North Rhine-Westphalia 1.500% - 12/Jun/40 1,743,885 0.18
1,400,000 State of Schleswig-Holstein 0.250% - 27/Feb/26 1,422,035 0.15
1,600,000 Unedic Asseo 0.100% - 25/May/34 1,520,860 0.16
670,396,430 70.87
Total Supranationals, Governments and Local Public Authorities, Debt Instruments 670,396,430 70.87
EUR Bonds
2,700,000 A2A SpA 0.625% - 28/Oct/32 2,592,713 0.28
200,000 Abertis Infraestructuras SA 0.625% - 15/Jul/25 202,663 0.02
500,000 Abertis Infraestructuras SA 2.375% - 27/Sep/27 544,220 0.06
1,000,000 ABN Amro Bank NV 0.500% - 23/Sep/29 989,434 0.10
900,000 ABN Amro Bank NV 0.600% - 15/Jan/27 909,570 0.10
1,200,000 Acea SpA 0.500% - 6/Apr/29 1,187,531 0.13
273
(expressed in EUR)

Nominal Value
EUR Bonds (continued)

900,000 Acef Holding Sca 1.250% - 26/Apr/30 900,104 0.10
400,000 Achmea BV 1.500% - 26/May/27 424,463 0.04
900,000 Adecco International Financial Services BV 0.125% - 21/Sep/28 875,667 0.10
200,000 Aeroports de Paris 1.125% - 18/Jun/34 201,237 0.02
500,000 Aeroports de Paris 3.875% - 15/Feb/22 502,481 0.05
700,000 Ageas SA/ NV FRN - 24/Nov/51 699,316 0.07
1,750,000 AIB Group plc FRN - 17/Nov/27 1,737,752 0.18
300,000 Air Products & Chemicals Inc. 0.500% - 5/May/28 303,362 0.03
1,400,000 Allianz Finance II BV 0.000% - 22/Nov/26 1,394,186 0.15
200,000 Alstom SA 0.000% - 11/Jan/29 192,812 0.02
200,000 Alstom SA 0.125% - 27/Jul/27 197,401 0.02
150,000 ANZ New Zealand Int’l Limited 0.200% - 23/Sep/27 148,509 0.02
450,000 Argentum Netherlands BV for Zurich Insurance Company Limited 3.500% - 1/Oct/46 503,190 0.05
850,000 Asahi Group Holdings Limited 0.336% - 19/Apr/27 846,124 0.09
450,000 ASML Holding NV 0.625% - 7/May/29 459,931 0.05
1,500,000 Asset Management Company SpA 0.750% - 20/Apr/28 1,458,278 0.15
950,000 Assicurazioni Generali SpA 1.713% - 30/Jun/32 939,319 0.10
800,000 Assicurazioni Generali SpA 2.124% - 1/Oct/30 839,971 0.09
300,000 Assicurazioni Generali SpA 2.429% - 14/Jul/31 318,762 0.03
1,100,000 AT&T Inc. 1.600% - 19/May/28 1,163,888 0.13
250,000 AT&T Inc. 2.050% - 19/May/32 272,267 0.03
300,000 Aviva plc FRN - 3/Jul/44 324,601 0.03
850,000 Axa Logistics Europe Master Sca 0.375% - 15/Nov/26 839,820 0.09
1,150,000 AXA SA FRN - 7/Oct/41 1,126,170 0.12
500,000 AXA SA - Perp. FRN - 8/Oct/66 557,460 0.06
700,000 Banco Bilbao Vizcaya Argentaria SA FRN - 24/Mar/27 691,658 0.07
1,700,000 Banco Bilbao Vizcaya Argentaria SA 0.500% - 14/Jan/27 1,691,083 0.18
500,000 Banco Bilbao Vizcaya Argentaria SA FRN - 16/Jan/30 499,885 0.05
600,000 Banco Santander SA 0.300% - 4/Oct/26 600,635 0.06
1,500,000 Banco Santander SA 0.500% - 4/Feb/27 1,494,360 0.16
1,000,000 Banco Santander SA FRN - 24/Jun/29 990,365 0.10
800,000 Banco Santander SA 1.125% - 23/Jun/27 823,339 0.09
2,600,000 Bank of America Corp. FRN - 24/Aug/28 2,598,064 0.28
1,500,000 Bank of America Corp. FRN - 22/Mar/31 1,480,310 0.16
1,000,000 Bank of Nova Scotia 0.250% - 1/Nov/28 978,840 0.10
900,000 Bankinter SA 0.625% - 6/Oct/27 898,375 0.09
1,100,000 Barclays plc FRN - 9/Aug/29 1,075,449 0.11
650,000 Becton Dickinson and Company 0.034% - 13/Aug/25 646,216 0.07
500,000 Becton Dickinson Euro Finance Sarl 0.334% - 13/Aug/28 492,034 0.05
500,000 Belfius Bank SA 0.375% - 2/Sep/25 503,293 0.05
1,500,000 Belfius Bank SA 0.375% - 13/Feb/26 1,504,768 0.16
1,700,000 Belfius Bank SA FRN - 6/Apr/34 1,672,477 0.18
1,500,000 BNP Paribas Cardif 1.000% - 29/Nov/24 1,530,701 0.16
1,200,000 BNP Paribas SA FRN - 14/Oct/27 1,192,633 0.13
300,000 BNP Paribas SA FRN - 1/Sep/28 296,874 0.03
1,500,000 BNP Paribas SA FRN - 19/Jan/30 1,466,572 0.16
274
(expressed in EUR)

Nominal Value

1,000,000 BNP Paribas SA 0.625% - 3/Dec/32 963,564 0.10
1,500,000 BNP Paribas SA FRN - 31/Aug/33 1,464,889 0.15
1,100,000 BNP Paribas SA FRN - 15/Jan/32 1,101,908 0.12
500,000 Bouygues SA 1.125% - 24/Jul/28 522,657 0.06
900,000 BPCE SA FRN - 15/Sep/27 897,502 0.09
100,000 BPCE SA 1.000% - 1/Apr/25 102,744 0.01
1,000,000 British Telecommunications plc 0.500% - 12/Sep/25 1,005,155 0.11
1,200,000 Caisse des Depots et Consignations 0.010% - 15/Sep/25 1,212,568 0.13
1,600,000 Caisse Nationale de Reassurance Mutuelle Agricole Groupama 0.750% - 7/Jul/28 1,552,233 0.17
800,000 CaixaBank SA FRN - 18/Nov/26 796,443 0.08
700,000 CaixaBank SA 1.125% - 12/Nov/26 716,543 0.08
900,000 CaixaBank SA 1.375% - 19/Jun/26 931,672 0.10
300,000 CNP Assurances FRN - 27/Jul/50 310,984 0.03
1,150,000 Coca-Cola Europacific Partners Plc 0.200% - 2/Dec/28 1,117,474 0.12
200,000 Coentreprise de Transport d`Electricite SA 0.875% - 29/Sep/24 203,697 0.02
1,200,000 Comcast Corp. 0.000% - 14/Sep/26 1,184,743 0.13
900,000 Commerzbank AG 0.500% - 4/Dec/26 908,431 0.10
700,000 Compagnie Generale des Etablissements Michelin SCA 0.000% - 2/Nov/28 684,470 0.07
100,000 Conti-Gummi Finance BV 2.125% - 27/Nov/23 103,957 0.01
700,000 Continental AG 2.500% - 27/Aug/26 767,251 0.09
350,000 Covestro AG 0.875% - 3/Feb/26 357,437 0.04
600,000 Covivio 1.625% - 23/Jun/30 634,771 0.07
1,600,000 Credit Agricole Assurances SA 1.500% - 6/Oct/31 1,578,661 0.18
1,400,000 Credit Agricole SA 0.375% - 20/Apr/28 1,380,580 0.15
900,000 Credit Agricole SA FRN - 21/Sep/29 888,924 0.09
1,300,000 Credit Mutuel Arkea SA 0.010% - 28/Jan/26 1,285,865 0.14
550,000 Daimler International Finance BV 0.625% - 6/May/27 563,699 0.06
400,000 Daimler International Finance BV 1.500% - 9/Feb/27 427,140 0.05
600,000 Danfoss Finance I BV 0.125% - 28/Apr/26 595,641 0.06
1,400,000 Danone SA 0.520% - 9/Nov/30 1,404,552 0.15
1,100,000 De Volksbank NV 0.250% - 22/Jun/26 1,092,935 0.12
500,000 De Volksbank NV FRN - 22/Oct/30 518,476 0.05
700,000 Deutsche Bahn Finance GmbH 0.350% - 29/Sep/31 691,467 0.07
550,000 Deutsche Bahn Finance GmbH 0.500% - 9/Apr/27 561,497 0.06
400,000 Deutsche Bahn Finance GmbH 1.125% - 29/May/51 395,756 0.04
550,000 Deutsche Bahn Finance GmbH 1.625% - 16/Aug/33 612,627 0.06
400,000 Deutsche Bahn Finance GmbH 3.000% - 8/Mar/24 429,703 0.05
1,400,000 Deutsche Wohnen SE 0.500% - 7/Apr/31 1,390,488 0.15
500,000 DH Europe Finance II Sarl 0.450% - 18/Mar/28 500,545 0.05
550,000 Digital Dutch Finco BV 1.000% - 15/Jan/32 535,310 0.06
1,350,000 DNB Bank ASA FRN - 23/Feb/29 1,320,842 0.14
900,000 DS Smith plc 0.875% - 12/Sep/26 913,511 0.09
850,000 E.On SE 0.600% - 1/Oct/32 850,289 0.09
1,350,000 E.ON SE 0.750% - 20/Feb/28 1,387,786 0.15
275
(expressed in EUR)

Nominal Value

400,000 EDP - Energias de Portugal SA 1.625% - 15/Apr/27 425,191 0.04
1,300,000 EDP Finance BV 0.375% - 16/Sep/26 1,303,879 0.14
650,000 EDP Finance BV 1.875% - 13/Oct/25 692,890 0.07
900,000 Electricite de France SA 1.000% - 13/Oct/26 932,277 0.10
300,000 Elia Transmission Belgium SA 0.875% - 28/Apr/30 306,605 0.03
1,300,000 Enel Finance International NV 0.000% - 17/Jun/27 1,270,429 0.13
650,000 Enel Finance International NV 0.375% - 17/Jun/27 648,032 0.07
150,000 Enexis Holding NV 0.375% - 14/Apr/33 144,930 0.02
1,400,000 Engie SA 0.375% - 26/Oct/29 1,386,390 0.15
1,000,000 ENI SpA 0.375% - 14/Jun/28 992,024 0.10
750,000 ENI SpA 1.250% - 18/May/26 780,819 0.08
1,350,000 ENI SpA - Perp. FRN - 11/May/70 1,345,984 0.15
500,000 Equinor ASA 0.750% - 22/May/26 513,772 0.05
350,000 Equinor ASA 1.375% - 22/May/32 372,648 0.04
600,000 ERG SpA 0.500% - 11/Sep/27 599,234 0.06
750,000 ERG SpA 0.875% - 15/Sep/31 739,605 0.08
450,000 ERG SpA 1.875% - 11/Apr/25 472,311 0.05
300,000 Erste Group Bank AG 0.050% - 16/Sep/25 298,691 0.03
1,500,000 Erste Group Bank AG 0.250% - 27/Jan/31 1,445,349 0.15
1,100,000 ESB Finance DAC 1.125% - 11/Jun/30 1,152,785 0.12
1,600,000 Essity AB 0.250% - 8/Feb/31 1,532,108 0.16
1,600,000 Essity Capital BV 0.250% - 15/Sep/29 1,563,079 0.17
550,000 Euronext NV 1.125% - 12/Jun/29 572,208 0.06
100,000 Evonik Industries AG 0.625% - 18/Sep/25 101,553 0.01
600,000 FCA Bank SpA 0.000% - 16/Apr/24 598,708 0.06
1,150,000 Fedex Corp. 0.450% - 4/May/29 1,133,556 0.12
600,000 Ferrovial Emisiones SA 0.540% - 12/Nov/28 597,765 0.06
300,000 Ferrovial Emisiones SA 1.382% - 14/May/26 313,513 0.03
1,600,000 Ferrovie dello Stato Italiane SpA 0.375% - 25/Mar/28 1,595,859 0.18
800,000 Ferrovie dello Stato Italiane SpA 1.125% - 9/Jul/26 834,686 0.09
1,900,000 Fluvius System Operator 0.250% - 14/Jun/28 1,874,180 0.20
1,500,000 Fluvius System Operator 0.625% - 24/Nov/31 1,483,389 0.16
1,500,000 FMS Wertmanagement 0.375% - 29/Apr/30 1,526,668 0.16
600,000 Fortum Oyj 1.625% - 27/Feb/26 632,383 0.07
450,000 Fortum Oyj 2.125% - 27/Feb/29 497,060 0.05
400,000 Galp Gas Natural 1.375% - 19/Sep/23 410,036 0.04
600,000 General Mills Inc. 0.125% - 15/Nov/25 598,234 0.06
1,250,000 Goldman Sachs Group Inc FRN - 30/Apr/24 1,251,760 0.13
1,500,000 Hannover Rueck SE FRN - 30/Jun/42 1,476,744 0.16
450,000 Hera SpA 0.250% - 3/Dec/30 429,119 0.05
650,000 Hera SpA 1.000% - 25/Apr/34 650,705 0.07
550,000 Holcim Finance Luxembourg SA 0.500% - 3/Sep/30 530,401 0.06
600,000 Holding d’Infrastructures de Transport SASU 0.625% - 14/Sep/28 586,752 0.06
800,000 Iberdrola Finanzas SA - Perp. FRN - 16/Nov/70 797,525 0.08
600,000 Icade Sante SAS 0.875% - 4/Nov/29 598,008 0.06
300,000 Icade Sante SAS 1.375% - 17/Sep/30 308,442 0.03
276
(expressed in EUR)

Nominal Value

1,300,000 Ile-de-France Mobilites 0.200% - 16/Nov/35 1,215,082 0.13
800,000 Ile-de-France Mobilites 1.000% - 25/May/34 834,343 0.09
500,000 Infineon Technologies AG 1.125% - 24/Jun/26 517,990 0.05
1,700,000 ING Groep NV FRN - 18/Feb/29 1,657,581 0.18
400,000 ING Groep NV FRN - 9/Jun/32 397,383 0.04
1,400,000 ING Groep NV FRN - 16/Nov/32 1,389,347 0.15
900,000 ING Groep NV FRN - 26/May/31 943,205 0.10
300,000 International Business Machines Corp. 0.300% - 11/Feb/28 298,906 0.03
650,000 International Business Machines Corp. 1.250% - 29/Jan/27 681,977 0.07
900,000 Intesa Sanpaolo SpA 0.750% - 16/Mar/28 898,647 0.09
900,000 Investor AB 0.375% - 29/Oct/35 840,957 0.09
550,000 ISS Finance BV 1.250% - 7/Jul/25 566,194 0.06
400,000 ISS Global A/S 0.875% - 18/Jun/26 403,799 0.04
1,950,000 Italgas SpA 0.000% - 16/Feb/28 1,888,328 0.20
601,000 Johnson Controls International plc 1.000% - 15/Sep/23 611,617 0.06
800,000 Jyske Bank AS FRN - 2/Sep/26 789,597 0.08
300,000 KBC Group NV FRN - 14/Jan/29 292,813 0.03
600,000 Klepierre SA 1.625% - 13/Dec/32 629,100 0.07
500,000 Klepierre SA 2.000% - 12/May/29 545,294 0.06
600,000 Koninklijke KPN NV 0.875% - 14/Dec/32 590,099 0.06
250,000 Koninklijke Philips NV 1.375% - 30/Mar/25 259,939 0.03
2,500,000 Kreditanstalt fuer Wiederaufbau 0.500% - 28/Sep/26 2,586,575 0.28
3,400,000 Kreditanstalt fuer Wiederaufbau 0.750% - 15/Jan/29 3,594,632 0.39
800,000 La Banque Postale SA FRN - 17/Jun/26 805,615 0.09
300,000 La Banque Postale SA 0.750% - 23/Jun/31 293,837 0.03
300,000 La Banque Postale SA 1.375% - 24/Apr/29 315,394 0.03
400,000 La Mondiale SAM 0.750% - 20/Apr/26 400,182 0.04
1,100,000 La Poste SA 0.000% - 18/Jul/29 1,059,217 0.11
1,400,000 La Poste SA 0.375% - 17/Sep/27 1,409,268 0.15
500,000 La Poste SA 1.125% - 4/Jun/25 520,216 0.05
1,400,000 Landesbank Baden-Wuerttemberg 0.250% - 21/Jul/28 1,376,435 0.15
800,000 Landesbank Baden-Wuerttemberg 0.375% - 29/Jul/26 805,789 0.09
1,000,000 Lanxess AG 0.000% - 8/Sep/27 973,843 0.10
1,500,000 Leaseplan Corp. NV 0.250% - 23/Feb/26 1,489,411 0.16
900,000 Leaseplan Corp. NV 0.250% - 7/Sep/26 888,236 0.09
350,000 LG Chem Limited 0.500% - 15/Apr/23 352,159 0.04
1,000,000 Lunar Funding V for Swisscom AG 1.125% - 12/Oct/26 1,045,048 0.11
200,000 LVMH Moet Hennessy Louis Vuitton SE 0.125% - 11/Feb/28 199,345 0.02
1,350,000 Mediobanca Banca di Credito Finanziario SpA 0.875% - 15/Jan/26 1,365,523 0.14
400,000 Mediobanca Banca di Credito Finanziario SpA 1.000% - 8/Sep/27 407,179 0.04
1,000,000 Mediobanca Banca di Credito Finanziario SpA 1.125% - 15/Jul/25 1,024,824 0.11
500,000 Mediobanca Banca di Credito Finanziario SpA 1.625% - 7/Jan/25 519,624 0.05
800,000 Medtronic Global Holdings SCA 0.375% - 15/Oct/28 800,316 0.09
700,000 Mitsubishi UFJ Financial Group Inc. FRN - 8/Jun/27 695,199 0.07
277
(expressed in EUR)

Nominal Value

1,600,000 Mizuho Financial Group Inc. 0.184% - 13/Apr/26 1,589,554 0.17
1,900,000 Mizuho Financial Group Inc. FRN - 6/Sep/29 1,866,171 0.20
1,400,000 Mondelez International Holdings Netherlands BV 0.250% - 9/Sep/29 1,369,055 0.14
1,700,000 Mondelez International Inc. 0.250% - 17/Mar/28 1,674,578 0.18
1,750,000 Morgan Stanley FRN - 29/Oct/27 1,741,954 0.18
1,850,000 Morgan Stanley FRN - 7/Feb/31 1,793,771 0.19
900,000 Muenchener Rueckversicherungs-Gesellschaft AG FRN - 26/May/42 861,780 0.09
750,000 Nasdaq Inc. 0.900% - 30/Jul/33 732,247 0.08
300,000 National Grid North America Inc. 1.000% - 12/Jul/24 306,850 0.03
450,000 National Grid plc 0.250% - 1/Sep/28 442,381 0.05
1,700,000 National Grid plc 0.553% - 18/Sep/29 1,690,082 0.18
800,000 Nationale-Nederlanden Bank NV 0.500% - 21/Sep/28 792,953 0.08
600,000 NatWest Group plc FRN - 14/Sep/32 591,812 0.06
2,000,000 NatWest Markets plc 0.125% - 18/Jun/26 1,983,480 0.21
3,400,000 Nordic Investment Bank 0.500% - 3/Nov/25 3,490,804 0.37
300,000 Nykredit Realkredit AS 0.250% - 13/Jan/26 298,291 0.03
1,050,000 Nykredit Realkredit AS 0.750% - 20/Jan/27 1,062,280 0.11
400,000 OMV AG - Perp. FRN - 1/Sep/69 415,494 0.04
1,150,000 Op Corporate Bank plc 0.250% - 24/Mar/26 1,145,511 0.12
1,500,000 OP Corporate Bank plc 0.375% - 16/Jun/28 1,479,043 0.16
1,700,000 OP Corporate Bank plc 0.375% - 8/Dec/28 1,675,975 0.18
400,000 Orange SA 0.125% - 16/Sep/29 393,423 0.04
400,000 Orange SA - Perp. FRN - 1/Oct/66 470,238 0.05
2,400,000 Pernod Ricard SA 0.125% - 4/Oct/29 2,337,859 0.24
200,000 Prologis International Funding II SA 1.625% - 17/Jun/32 209,588 0.02
450,000 PSA Banque France SA 0.625% - 21/Jun/24 455,783 0.05
400,000 RCI Banque SA 2.000% - 11/Jul/24 416,389 0.04
400,000 Regie Autonome des Transports Parisiens 0.875% - 25/May/27 419,299 0.04
1,900,000 Repsol Europe Finance Sarl 0.375% - 6/Jul/29 1,872,913 0.21
500,000 Repsol International Finance BV 0.250% - 2/Aug/27 498,346 0.05
950,000 Royal Schiphol Group NV 0.375% - 8/Sep/27 949,595 0.10
250,000 Royal Schiphol Group NV 1.500% - 5/Nov/30 269,275 0.03
1,100,000 RTE Reseau de Transport d’Electricite SADIR 0.000% - 9/Sep/27 1,080,694 0.11
400,000 RTE Reseau de Transport d’Electricite SADIR 0.625% - 8/Jul/32 395,707 0.04
500,000 Sandvik AB 0.375% - 25/Nov/28 495,449 0.05
800,000 SANEF SA 0.950% - 19/Oct/28 813,921 0.08
200,000 Santander Consumer Bank AS 0.125% - 14/Apr/26 198,103 0.02
1,250,000 Santander UK Group Holdings plc FRN - 13/Sep/29 1,223,622 0.13
450,000 Smurfit Kappa Treasury Ulc 0.500% - 22/Sep/29 443,243 0.05
1,800,000 Snam SpA 0.000% - 7/Dec/28 1,733,358 0.19
1,750,000 Snam SpA 0.625% - 30/Jun/31 1,730,139 0.18
1,350,000 Snam SpA 0.750% - 17/Jun/30 1,359,396 0.14
2,200,000 SNCF Reseau 1.125% - 19/May/27 2,338,450 0.25
1,700,000 Societe de Financement Local SA 0.125% - 18/Oct/24 1,719,926 0.18
278
(expressed in EUR)

Nominal Value

900,000 Societe Generale SA FRN - 12/Jun/29 881,783 0.09
300,000 Societe Generale SA 0.875% - 1/Jul/26 305,640 0.03
500,000 Societe Generale SA FRN - 22/Sep/28 504,734 0.05
400,000 Societe Generale SA 1.250% - 12/Jun/30 409,628 0.04
300,000 Sodexo SA 0.750% - 27/Apr/25 306,603 0.03
500,000 Solvay SA 0.500% - 6/Sep/29 494,113 0.05
2,300,000 Standard Chartered plc FRN - 23/Sep/31 2,296,589 0.25
600,000 Stedin Holding NV 0.500% - 14/Nov/29 605,150 0.06
200,000 Suez SA 0.000% - 9/Jun/26 198,690 0.02
950,000 Svenska Handelsbanken AB 0.050% - 6/Sep/28 928,290 0.10
250,000 Swisscom Finance BV 0.375% - 14/Nov/28 252,018 0.03
700,000 Telenor ASA 0.000% - 25/Sep/23 702,665 0.07
600,000 Telenor ASA 0.250% - 25/Sep/27 596,375 0.06
800,000 Telenor ASA 0.250% - 14/Feb/28 793,134 0.08
1,300,000 Teleperformance 0.250% - 26/Nov/27 1,277,706 0.14
600,000 Telia Company AB 0.125% - 27/Nov/30 572,061 0.06
900,000 TenneT Holding BV 0.125% - 30/Nov/32 846,248 0.09
500,000 TenneT Holding BV 0.875% - 3/Jun/30 515,002 0.05
400,000 Terega SA 0.875% - 17/Sep/30 398,387 0.04
1,800,000 Terna - Rete Elettrica Nazionale 0.375% - 23/Jun/29 1,779,626 0.19
1,150,000 Terna - Rete Elettrica Nazionale 0.375% - 25/Sep/30 1,117,605 0.12
400,000 Terna - Rete Elettrica Nazionale 1.000% - 10/Apr/26 413,091 0.04
800,000 Thermo Fisher Scientific Finance BV 0.000% - 18/Nov/25 797,498 0.08
200,000 TotalEnergies SE - Perp. FRN - 4/Apr/68 204,209 0.02
600,000 TotalEnergies SE - Perp. FRN - 4/Sep/69 592,615 0.06
1,000,000 Toyota Motor Finance Netherlands BV 0.000% - 27/Oct/25 993,857 0.10
1,500,000 UBS Group AG 0.250% - 24/Feb/28 1,477,857 0.16
1,700,000 Unedic Asseo 0.250% - 25/Nov/29 1,716,552 0.18
700,000 Unibail-Rodamco-Westfield SE 0.625% - 4/May/27 703,765 0.07
2,300,000 Unibail-Rodamco-Westfield SE 0.750% - 25/Oct/28 2,301,432 0.25
600,000 Unibail-Rodamco-Westfield SE 0.875% - 29/Mar/32 581,497 0.06
300,000 Unibail-Rodamco-Westfield SE 2.125% - 9/Apr/25 317,144 0.03
900,000 Unibail-Rodamco-Westfield SE 2.625% - 9/Apr/30 1,024,711 0.11
2,000,000 UniCredit SpA 0.325% - 19/Jan/26 1,985,123 0.22
1,400,000 UniCredit SpA FRN - 5/Jul/29 1,399,977 0.15
1,500,000 UniCredit SpA FRN - 16/Jun/26 1,538,908 0.16
1,050,000 UPM-Kymmene Oyj 0.125% - 19/Nov/28 1,024,888 0.11
300,000 Vesteda Finance BV 1.500% - 24/May/27 316,990 0.03
300,000 VF Corp. 0.250% - 25/Feb/28 294,276 0.03
1,100,000 Vivendi SA 0.625% - 11/Jun/25 1,115,692 0.12
450,000 Vodafone Group plc 0.900% - 24/Nov/26 465,232 0.05
400,000 Vonovia SE 0.000% - 1/Dec/25 395,881 0.04
400,000 Vonovia SE 0.250% - 1/Sep/28 389,651 0.04
700,000 Vonovia SE 0.375% - 16/Jun/27 693,349 0.07
300,000 Vonovia SE 0.625% - 14/Dec/29 295,820 0.03
300,000 Whirlpool Finance 1.100% - 9/Nov/27 308,057 0.03
279
(expressed in EUR)

Nominal Value

2,000,000 Wolters Kluwer NV 0.250% - 30/Mar/28 1,970,357 0.21
150,000 WPP Finance 1.375% - 20/Mar/25 156,139 0.02
1,500,000 Yorkshire Building Society 0.500% - 1/Jul/28 1,490,268 0.16
266,609,889 28.18
Total Bonds 266,609,889 28.18
280
Sector % NAV
Governments 68.43
Banks 12.05
Transportation 1.77
Insurance 1.67
Government guaranteed bonds 1.31
Gas 0.55
Food 0.53
Beverages 0.45
Supranational banks 0.44
Biotechnology 0.38
Media 0.33
Industrials 0.25
Software 0.24
Chemicals 0.22
Medical 0.22
Semiconductors 0.22
Real estate 0.09
Machinery 0.05
Food services 0.03
Home builders 0.03
Apparel 0.03
Textiles 0.02
Advertising 0.02
281
(expressed in EUR)

Nominal Value
11,500,000 Austria (Govt of ) 0.750% - 20/Oct/26 12,121,949 1.14
1,000,000 Austria (Govt of ) 1.500% - 2/Nov/86 1,271,131 0.12
5,000,000 Austria (Govt of ) 2.400% - 23/May/34 6,348,515 0.60
4,000,000 Austria (Govt of ) 4.150% - 15/Mar/37 6,310,571 0.60
7,800,000 Belgium (Govt of ) 4.000% - 28/Mar/32 10,887,162 1.03
9,800,000 BPIFrance Financement SA 2.375% - 25/Apr/22 9,890,859 0.93
7,141,000 Cppib Capital Inc. 0.250% - 18/Jan/41 6,484,724 0.61
9,400,000 European Investment Bank 0.010% - 15/Nov/35 8,928,220 0.84
9,500,000 European Investment Bank 0.250% - 14/Oct/24 9,680,765 0.91
4,113,000 European Investment Bank 0.375% - 14/Apr/26 4,222,345 0.40
8,200,000 European Investment Bank 2.125% - 15/Jan/24 8,638,644 0.82
10,000,000 Finland (Govt of ) 0.500% - 15/Sep/27 10,457,200 0.99
3,000,000 France (Govt of ) 0.750% - 25/Nov/28 3,182,325 0.30
2,300,000 France (Govt of ) 2.750% - 25/Oct/27 2,708,814 0.26
1,000,000 France (Govt of ) 4.000% - 25/Apr/60 1,974,750 0.19
4,300,000 France (Govt Of ) 0.750% - 25/May/53 4,065,750 0.38
3,000,000 Germany (Govt of ) 4.000% - 4/Jan/37 4,868,310 0.46
22,800,000 International Bank for Reconstruction & Development 0.250% - 10/Jan/50 20,481,220 1.94
15,300,000 Italy (Govt of ) 1.350% - 1/Apr/30 15,806,430 1.49
26,000,000 Italy (Govt of ) 1.500% - 1/Jun/25 27,180,378 2.57
16,000,000 Italy (Govt of ) 1.600% - 1/Jun/26 16,882,080 1.59
17,000,000 Italy (Govt of ) 2.000% - 1/Feb/28 18,414,060 1.74
4,500,000 Italy (Govt of ) 2.800% - 1/Dec/28 5,132,929 0.48
19,000,000 Italy (Govt of ) 4.000% - 1/Feb/37 25,335,455 2.39
5,000,000 Italy (Govt of ) 4.500% - 1/Mar/24 5,493,150 0.52
5,000,000 Italy (Govt of ) 4.500% - 1/Mar/26 5,872,132 0.55
282
(expressed in EUR)

Nominal Value
5,600,000 Italy (Govt of ) 5.000% - 1/Sep/40 8,610,000 0.81
7,000,000 Italy (Govt of ) 6.000% - 1/May/31 10,118,483 0.96
5,500,000 Regie Autonome des Transports Parisiens 0.350% - 20/Jun/29 5,568,517 0.53
7,000,000 Spain (Govt of ) 1.950% - 30/Apr/26 7,636,580 0.72
5,000,000 Spain (Govt of ) 1.950% - 30/Jul/30 5,663,900 0.53
20,000,000 Spain (Govt of ) 2.150% - 31/Oct/25 21,853,000 2.06
5,700,000 Spain (Govt of ) 2.350% - 30/Jul/33 6,766,698 0.64
9,400,000 Spain (Govt of ) 2.900% - 31/Oct/46 12,692,444 1.20
4,000,000 Spain (Govt of ) 5.150% - 31/Oct/44 7,199,240 0.68
6,900,000 Spain (Govt of ) 5.750% - 30/Jul/32 10,608,198 1.00
607,385,051 57.33
EUR Bonds
1,300,000 ABN Amro Bank NV 0.500% - 15/Apr/26 1,322,387 0.12
11,500,000 Aegon Bank NV 0.625% - 21/Jun/24 11,693,984 1.10
2,600,000 Ald SA 0.000% - 23/Feb/24 2,600,020 0.25
2,000,000 Ald SA 1.250% - 11/Oct/22 2,022,098 0.19
5,000,000 Allianz SE - Perp. FRN - 29/Sep/49 5,379,459 0.51
2,000,000 Anheuser-Busch InBev SA/ NV 2.125% - 2/Dec/27 2,194,036 0.21
6,600,000 Apple Inc. 0.500% - 15/Nov/25 6,611,567 0.62
9,000,000 AXA SA - Perp. FRN - 29/Nov/49 9,868,874 0.93
3,700,000 Banco Santander SA 0.300% - 4/Oct/26 3,703,916 0.35
4,500,000 Banque Federative du Credit Mutuel SA 1.625% - 15/Nov/27 4,687,121 0.44
4,000,000 Banque Federative du Credit Mutuel SA 2.375% - 24/Mar/26 4,294,803 0.41
6,500,000 Belfius Bank SA 0.375% - 8/Jun/27 6,466,050 0.61
6,850,000 BMW Finance NV 0.375% - 24/Sep/27 6,940,301 0.66
5,550,000 BNP Paribas 1.000% - 17/Apr/24 5,685,225 0.54
6,000,000 BNP Paribas SA 1.125% - 28/Aug/24 6,184,286 0.58
3,800,000 BPCE SA 0.875% - 31/Jan/24 3,873,877 0.37
1,700,000 BPCE SA 1.000% - 1/Apr/25 1,746,654 0.16
1,000,000 BPCE SA FRN - 30/Nov/27 1,025,508 0.10
3,000,000 BPCE SA 2.875% - 22/Apr/26 3,294,981 0.31
5,000,000 CaixaBank SA 0.750% - 9/Jul/26 5,086,296 0.48
3,000,000 Coentreprise de Transport d`Electricite SA 0.875% - 29/Sep/24 3,055,455 0.29
3,950,000 Colgate-Palmolive Company 0.875% - 12/Nov/39 3,930,800 0.36
2,750,000 Colgate-Palmolive Company 1.375% - 6/Mar/34 2,927,920 0.28
2,500,000 Compagnie Generale des Etablissements Michelin SCA 1.750% - 3/Sep/30 2,781,330 0.26
6,000,000 Cooperatieve Rabobank UA 0.250% - 30/Oct/26 6,031,410 0.57
1,700,000 Covestro AG 1.375% - 12/Jun/30 1,788,899 0.17
8,800,000 Credit Agricole SA 0.125% - 9/Dec/27 8,611,423 0.81
4,000,000 Credit Agricole SA 0.750% - 5/Dec/23 4,074,912 0.38
1,200,000 Credit Agricole SA 2.000% - 25/Mar/29 1,277,027 0.12
5,700,000 Credit Suisse Group AG FRN - 24/Jun/27 5,778,870 0.55
7,000,000 Daimler AG 0.750% - 10/Sep/30 7,208,414 0.68
283
(expressed in EUR)

Nominal Value

3,900,000 Danone SA 0.000% - 1/Dec/25 3,897,492 0.37
3,500,000 Danone SA - Perp. FRN - 16/Dec/69 3,506,321 0.33
3,800,000 Deutsche Boerse AG FRN - 16/Jun/47 3,887,747 0.37
7,450,000 Deutsche Post AG 0.750% - 20/May/29 7,706,617 0.73
7,550,000 DNB Bank ASA 0.250% - 9/Apr/24 7,621,989 0.72
6,600,000 E.ON SE 0.375% - 29/Sep/27 6,653,007 0.63
3,000,000 Electricite de France SA - Perp. FRN - 22/Jan/49 3,325,900 0.31
7,600,000 ELM BV For Swiss Reinsurance Company Limited - Perp. FRN - 29/Dec/49 8,074,919 0.76
4,400,000 EnBW Energie Baden-Wuerttemberg AG FRN - 5/Nov/79 4,431,900 0.42
5,000,000 Enel Finance International NV 1.000% - 16/Sep/24 5,133,580 0.48
2,000,000 Enexis Holding NV 0.875% - 28/Apr/26 2,062,465 0.19
3,500,000 Engie SA 0.500% - 24/Oct/30 3,467,996 0.33
2,000,000 Engie SA 2.375% - 19/May/26 2,197,304 0.21
11,000,000 Engie SA - Perp. FRN - 30/Nov/69 10,980,559 1.03
4,256,000 ENI SpA 0.375% - 14/Jun/28 4,222,053 0.40
4,750,000 Fortum Oyj 1.625% - 27/Feb/26 5,006,364 0.47
1,500,000 Gestion Securite de Stocks Securite SA 2.625% - 6/Mar/25 1,635,453 0.15
5,000,000 Iberdrola Finanzas SAU 1.000% - 7/Mar/25 5,155,618 0.49
7,000,000 Iberdrola International BV 1.125% - 21/Apr/26 7,330,824 0.69
2,400,000 Iberdrola International BV - Perp. FRN - 9/Feb/70 2,406,752 0.23
2,800,000 Icade Sante SAS 0.875% - 4/Nov/29 2,790,704 0.26
3,200,000 ING Groep NV 1.000% - 20/Sep/23 3,265,756 0.31
3,800,000 Intesa Sanpaolo SpA 0.750% - 4/Dec/24 3,864,108 0.36
3,600,000 KBC Group NV 0.875% - 27/Jun/23 3,661,865 0.35
9,600,000 Kreditanstalt fuer Wiederaufbau 0.010% - 5/May/27 9,694,767 0.92
6,100,000 La Banque Postale SA 1.375% - 24/Apr/29 6,413,019 0.61
3,700,000 LEG Immobilien SE 0.875% - 28/Nov/27 3,755,872 0.35
3,648,000 Lseg Netherlands BV 0.250% - 6/Apr/28 3,618,371 0.34
8,000,000 LVMH Moet Hennessy Louis Vuitton SE 0.000% - 11/Feb/26 7,989,051 0.75
3,800,000 Merck Financial Services GmbH 0.125% - 16/Jul/25 3,821,040 0.36
5,000,000 Molnlycke Holding AB 1.750% - 28/Feb/24 5,182,694 0.49
2,800,000 Muenchener Rueckversicherungs-Gesellschaft AG FRN - 26/May/41 2,765,244 0.26
3,000,000 National Grid plc 0.750% - 1/Sep/33 2,924,236 0.28
2,200,000 Orange SA 0.125% - 16/Sep/29 2,163,828 0.20
1,800,000 Orange SA - Perp. FRN - 15/Apr/68 1,878,504 0.18
4,100,000 Pernod Ricard SA 1.750% - 8/Apr/30 4,512,357 0.42
4,500,000 RCI Banque SA 1.625% - 26/May/26 4,671,681 0.44
6,400,000 RTE Reseau de Transport d’Electricite SA 1.125% - 9/Sep/49 6,224,979 0.59
3,500,000 RTE Reseau de Transport d’Electricite SA 1.625% - 27/Nov/25 3,696,776 0.35
2,700,000 Santander Consumer Finance SA 1.000% - 27/Feb/24 2,758,210 0.26
2,000,000 Scor SE FRN - 8/Jun/46 2,194,273 0.21
4,400,000 Siemens Financieringsmaatschappij NV 1.250% - 28/Feb/31 4,763,997 0.45
6,150,000 Snam SpA 0.000% - 12/May/24 6,157,636 0.58
5,500,000 Societe Generale SA FRN - 2/Dec/27 5,486,098 0.52
4,900,000 Societe Generale SA 0.750% - 25/Jan/27 4,939,743 0.47
6,000,000 Societe Generale SA 4.000% - 7/Jun/23 6,341,018 0.60
1,700,000 Swisscom Finance BV 0.375% - 14/Nov/28 1,713,721 0.16
284
(expressed in EUR)

Nominal Value

3,800,000 Talanx AG 1.750% - 1/Dec/42 3,790,004 0.36
5,000,000 Talanx Finanz Luxembourg AG FRN - 15/Jun/42 5,188,719 0.49
2,300,000 Telia Company AB FRN - 11/May/81 2,333,337 0.22
6,455,000 TenneT Holding BV 0.125% - 30/Nov/32 6,069,481 0.57
9,600,000 TenneT Holding BV 1.500% - 3/Jun/39 10,247,493 0.97
6,000,000 Thermo Fisher Scientific Inc. 0.750% - 12/Sep/24 6,119,973 0.58
4,850,000 Toronto-Dominion Bank 0.375% - 25/Apr/24 4,898,778 0.46
5,952,000 TotalEnergies SE - Perp. FRN - 25/Jan/70 5,915,077 0.56
4,000,000 TotalEnergies SE - Perp. FRN - 4/Apr/68 4,084,189 0.39
6,000,000 TotalEnergies SE - Perp. FRN - 29/Dec/49 6,175,170 0.58
5,000,000 UBS AG 0.010% - 31/Mar/26 4,958,280 0.47
6,000,000 Unibail-Rodamco-Westfield SE 2.250% - 14/May/38 6,413,220 0.61
1,800,000 Unilever NV 1.750% - 25/Mar/30 1,986,262 0.19
2,000,000 Vonovia Finance BV 2.125% - 9/Jul/22 2,026,289 0.19
3,000,000 WPP Finance SA 2.375% - 19/May/27 3,315,329 0.31
5,000,000 Zurich Finance Ireland Designated Activity Company FRN - 17/Sep/50 5,149,774 0.49
436,773,686 41.23
Total Bonds 1,044,158,737 98.56
Total Net Assets 1,059,442,342 100.00
285
Sector % NAV
Governments 52.16
Banks 15.47
Insurance 5.27
Textiles 0.75
Transportation 0.73
Food 0.70
Beverages 0.63
Gas 0.58
Consumer goods 0.35
Advertising 0.31
Real estate 0.19
Chemicals 0.17
286
(expressed in EUR)

Nominal Value
4,950,000 Basque (Govt of ) 1.450% - 30/Apr/28 5,348,518 0.49
5,900,000 Belgium (Govt of ) 1.250% - 22/Apr/33 6,605,168 0.60
3,500,000 European Financial Stability Facility 0.000% - 20/Jan/31 3,468,598 0.32
4,000,000 European Financial Stability Facility 3.875% - 30/Mar/32 5,508,908 0.50
1,000,000 European Union 0.300% - 4/Nov/50 926,146 0.08
3,400,000 European Union 0.400% - 4/Feb/37 3,434,755 0.31
1,500,000 European Union 0.450% - 2/May/46 1,475,183 0.13
3,800,000 Fondo de Titulizacion del Deficit del Sistema Electrico 0.500% - 17/Mar/23 3,847,566 0.35
1,000,000 France (Govt of ) 0.750% - 25/May/52 956,240 0.09
30,000,000 France (Govt Of ) 0.000% - 25/Nov/31 29,410,274 2.68
10,000,000 Germany (Govt of ) 0.000% - 10/Apr/26 10,215,300 0.93
1,000,000 Gewobag Wohnungsbau AG 0.125% - 24/Jun/27 990,407 0.09
7,000,000 Ireland (Govt of ) 0.000% - 18/Oct/22 7,035,840 0.64
8,000,000 Italy (Govt of ) 0.000% - 15/Apr/24 8,001,633 0.73
8,000,000 Italy (Govt of ) 0.250% - 15/Mar/28 7,805,852 0.71
25,000,000 Italy (Govt of ) 0.600% - 1/Aug/31 23,819,060 2.17
287
(expressed in EUR)

Nominal Value
17,000,000 Italy (Govt of ) 0.950% - 1/Dec/31 16,664,080 1.52
19,500,000 Italy (Govt of ) 0.950% - 1/Mar/37 17,961,701 1.63
5,000,000 Italy (Govt of ) 1.450% - 1/Mar/36 5,002,148 0.45
4,000,000 Italy (Govt of ) 1.600% - 1/Jun/26 4,220,520 0.38
22,500,000 Italy (Govt of ) 1.650% - 1/Dec/30 23,670,488 2.15
5,000,000 Italy (Govt of ) 1.650% - 1/Mar/32 5,241,849 0.48
33,100,000 Italy (Govt of ) 1.700% - 1/Sep/51 31,101,752 2.84
3,850,000 Italy (Govt of ) 1.800% - 1/Mar/41 3,890,056 0.35
4,000,000 Italy (Govt of ) 2.000% - 1/Dec/25 4,272,412 0.39
2,500,000 Italy (Govt of ) 2.050% - 1/Aug/27 2,706,894 0.25
2,436,000 Italy (Govt of ) 2.250% - 1/Sep/36 2,682,613 0.24
7,650,000 Italy (Govt of ) 2.450% - 1/Sep/50 8,435,808 0.77
5,723,000 Italy (Govt of ) 3.000% - 1/Aug/29 6,642,128 0.60
1,118,000 Italy (Govt of ) 3.850% - 1/Sep/49 1,573,356 0.14
5,000,000 Italy (Govt of ) 4.000% - 1/Feb/37 6,667,225 0.61
1,521,000 Italy (Govt of ) 5.000% - 1/Sep/40 2,338,538 0.21
6,500,000 Luxembourg (Govt of ) 0.000% - 24/Mar/31 6,418,575 0.58
2,000,000 Poland (Govt of ) 1.000% - 25/Oct/28 2,113,225 0.19
1,000,000 Poland (Govt of ) 1.125% - 7/Aug/26 1,050,917 0.10
16,500,000 Portugal (Govt of ) 1.950% - 15/Jun/29 18,695,160 1.70
3,000,000 Portugal (Govt of ) 5.650% - 15/Feb/24 3,397,530 0.31
8,500,000 Province of Quebec 0.875% - 4/May/27 8,856,630 0.80
2,000,000 SNCF Reseau 1.875% - 30/Mar/34 2,302,067 0.21
1,000,000 SNCF Reseau 2.625% - 29/Dec/25 1,110,375 0.10
15,000,000 Spain (Govt of ) 0.100% - 30/Apr/31 14,472,975 1.32
15,003,000 Spain (Govt of ) 0.500% - 31/Oct/31 14,912,938 1.36
4,504,000 Spain (Govt of ) 0.850% - 30/Jul/37 4,390,995 0.40
2,200,000 Spain (Govt of ) 1.000% - 30/Jul/42 2,142,492 0.19
2,750,000 Spain (Govt of ) 1.200% - 31/Oct/40 2,776,043 0.25
11,000,000 Spain (Govt of ) 1.950% - 30/Apr/26 12,000,340 1.09
5,000,000 Spain (Govt of ) 2.750% - 31/Oct/24 5,460,300 0.50
215,000 Spain (Govt of ) 2.900% - 31/Oct/46 290,306 0.03
4,000,000 Spain (Govt of ) 4.200% - 31/Jan/37 5,879,040 0.53
3,000,000 Spain (Govt of ) 4.400% - 31/Oct/23 3,274,710 0.30
5,000,000 Spain (Govt of ) 5.150% - 31/Oct/44 8,999,050 0.82
2,000,000 Spain (Govt of ) 5.750% - 30/Jul/32 3,074,840 0.28
4,800,000 Sweden (Govt of ) 0.125% - 24/Apr/23 4,843,179 0.44
10,000,000 Unedic Asseo 1.250% - 25/May/33 10,927,373 0.99
691,317,554 62.86
EUR Bonds
1,100,000 Abanca Corp. Bancaria SA FRN - 8/Sep/27 1,079,848 0.10
1,400,000 Abbott Ireland Financing DAC 0.375% - 19/Nov/27 1,411,045 0.13
1,500,000 ABN Amro Bank NV 2.875% - 18/Jan/28 1,542,246 0.14
288
(expressed in EUR)

Nominal Value

1,800,000 Acea SpA 1.500% - 8/Jun/27 1,901,548 0.17
1,400,000 Adecco International Financial Services BV FRN - 21/Mar/82 1,382,570 0.13
1,200,000 Akelius Residential Property Financing BV 0.750% - 22/Feb/30 1,136,464 0.10
3,400,000 Allianz Finance II BV 0.000% - 22/Nov/26 3,385,881 0.31
3,000,000 Allianz SE - Perp. FRN - 29/Sep/49 3,227,675 0.29
2,000,000 Alstom SA 0.000% - 11/Jan/29 1,928,123 0.18
900,000 Amadeus IT Group SA 2.875% - 20/May/27 999,090 0.09
2,000,000 America Movil SAB de CV FRN - 6/Sep/73 2,201,424 0.20
1,000,000 American Tower Corp. 0.400% - 15/Feb/27 985,683 0.09
1,000,000 Anheuser-Busch InBev SA/ NV 1.150% - 22/Jan/27 1,041,251 0.09
1,500,000 Anheuser-Busch InBev SA/ NV 2.750% - 17/Mar/36 1,780,989 0.16
2,200,000 Argan SA 1.011% - 17/Nov/26 2,198,044 0.20
3,000,000 Argentum Netherlands BV for Swiss Life AG - Perp. FRN - 29/Dec/49 3,336,563 0.30
4,000,000 Argentum Netherlands BV for Zurich Insurance Company Limited FRN - 1/Oct/46 4,472,797 0.41
2,100,000 Aroundtown SA 0.375% - 15/Apr/27 2,052,857 0.19
5,000,000 Aroundtown SA 1.625% - 31/Jan/28 5,188,186 0.47
600,000 Aroundtown SA - Perp. FRN - 17/Jan/69 599,510 0.05
2,250,000 Aroundtown SA - Perp. FRN - 12/Jan/68 2,284,068 0.21
2,000,000 Assicurazioni Generali SpA FRN - 27/Oct/47 2,434,938 0.22
2,000,000 AT&T Inc. 3.550% - 17/Dec/32 2,469,915 0.22
2,000,000 Atos SE 1.000% - 12/Nov/29 1,985,424 0.18
2,500,000 Atos SE 1.750% - 7/May/25 2,605,830 0.23
2,000,000 Australia & New Zealand Banking Group Limited FRN - 5/May/31 1,971,151 0.18
1,200,000 Axa Logistics Europe Master Sca 0.375% - 15/Nov/26 1,185,629 0.11
5,000,000 AXA SA - Perp. FRN - 8/Oct/66 5,574,596 0.50
2,400,000 Banco Bilbao Vizcaya Argentaria SA FRN - 16/Jan/30 2,399,448 0.22
600,000 Banco de Sabadell SA FRN - 11/Mar/27 611,355 0.06
3,000,000 Banco Santander SA 1.375% - 5/Jan/26 3,118,441 0.28
3,600,000 Bank of America Corp. FRN - 24/Aug/28 3,597,320 0.33
800,000 Bank of Ireland Group plc FRN - 10/May/27 790,096 0.07
1,000,000 Banque Federative du Credit Mutuel SA 3.000% - 11/Sep/25 1,092,412 0.10
1,200,000 Barclays plc FRN - 22/Mar/31 1,199,527 0.11
2,900,000 Barclays plc FRN - 2/Apr/25 3,111,848 0.28
1,500,000 Bayerische Landesbank FRN - 23/Sep/31 1,493,802 0.14
1,700,000 Belfius Bank SA 0.375% - 2/Sep/25 1,711,196 0.16
3,000,000 Bevco Lux Sarl 1.500% - 16/Sep/27 3,135,349 0.29
2,000,000 BNP Paribas 2.375% - 17/Feb/25 2,130,411 0.19
3,000,000 BNP Paribas - Perp. FRN - 31/Dec/49 3,362,288 0.31
2,800,000 BNP Paribas SA FRN - 20/Nov/30 2,980,723 0.27
3,100,000 BP Capital Markets plc - Perp. FRN - 22/Jun/69 3,289,373 0.30
1,000,000 British Telecommunications plc 1.500% - 23/Jun/27 1,033,935 0.09
1,500,000 CaixaBank SA FRN - 10/Jul/26 1,524,729 0.14
300,000 Carrefour SA 2.625% - 15/Dec/27 335,744 0.03
750,000 Castellum Helsinki Finance Holding Abp 0.875% - 17/Sep/29 725,440 0.07
1,400,000 Citigroup Inc. FRN - 8/Oct/27 1,400,924 0.13
4,800,000 Citigroup Inc. FRN - 24/Jul/26 5,009,696 0.47
3,000,000 CNP Assurances - Perp. FRN - 29/Nov/49 3,297,250 0.30
289
(expressed in EUR)

Nominal Value

600,000 Commerzbank AG FRN - 24/Mar/26 609,139 0.06
1,300,000 Compagnie Generale des Etablissements Michelin SCA 0.000% - 2/Nov/28 1,271,158 0.12
950,000 Conti-Gummi Finance BV 2.125% - 27/Nov/23 987,589 0.09
3,000,000 Continental AG 2.500% - 27/Aug/26 3,288,221 0.29
1,000,000 Covivio Hotels Saca 1.000% - 27/Jul/29 997,853 0.09
5,000,000 Credit Agricole Assurances SA - Perp. FRN - 13/Jan/67 5,493,953 0.50
300,000 Credit Mutuel Arkea SA 1.625% - 15/Apr/26 316,345 0.03
500,000 Credit Mutuel Arkea SA FRN - 25/Oct/29 516,328 0.05
1,500,000 CRH SMW Finance DAC 1.250% - 5/Nov/26 1,565,182 0.14
1,200,000 Danfoss Finance I BV 0.125% - 28/Apr/26 1,191,282 0.11
1,300,000 Danone SA - Perp. FRN - 16/Dec/69 1,302,348 0.12
500,000 DSV A/S 0.375% - 26/Feb/27 501,484 0.05
1,750,000 Dxc Capital Funding Dac 0.450% - 15/Sep/27 1,699,302 0.15
1,600,000 EDP - Energias de Portugal SA 1.625% - 15/Apr/27 1,700,766 0.15
1,500,000 Elia Transmission Belgium SA 1.375% - 14/Jan/26 1,571,401 0.14
3,000,000 Elo SACA 2.875% - 29/Jan/26 3,247,882 0.30
3,000,000 Elo SACA 3.250% - 23/Jul/27 3,374,910 0.30
1,500,000 Enel Finance International NV 0.000% - 28/May/26 1,480,939 0.13
4,950,000 Enel SpA - Perp. FRN - 8/Sep/69 4,843,992 0.45
1,900,000 ENI SpA - Perp. FRN - 11/May/70 1,894,348 0.17
900,000 Equinix Inc. 0.250% - 15/Mar/27 885,060 0.08
2,000,000 Evonik Industries AG 0.625% - 18/Sep/25 2,031,066 0.18
1,500,000 FCA Bank SpA 0.500% - 13/Sep/24 1,513,739 0.14
1,100,000 Ferrovial Emisiones SA 0.540% - 12/Nov/28 1,095,903 0.10
1,600,000 Ferrovie dello Stato Italiane SpA 1.125% - 9/Jul/26 1,669,372 0.15
600,000 Fidelity National Information Services Inc. 1.500% - 21/May/27 627,664 0.06
1,500,000 Finecobank Banca Fineco SpA FRN - 21/Oct/27 1,465,584 0.13
1,500,000 Firmenich Productions Participations SAS 1.750% - 30/Apr/30 1,623,937 0.15
3,100,000 Fluvius System Operator 0.250% - 14/Jun/28 3,057,873 0.28
1,400,000 FNM SpA 0.750% - 20/Oct/26 1,401,181 0.13
3,000,000 General Motors Financial Company Inc. 0.600% - 20/May/27 2,977,384 0.27
2,000,000 Hannover Rueck SE - Perp. FRN - 29/Jun/49 2,198,012 0.20
6,000,000 Heathrow Funding Limited 1.500% - 12/Oct/25 6,219,746 0.57
2,000,000 HeidelbergCement Finance Luxembourg SA 1.125% - 1/Dec/27 2,074,255 0.19
1,000,000 Howoge Wohnungs-Baugesellschaft Mbh 0.000% - 1/Nov/24 999,052 0.09
5,000,000 HSBC Holdings plc FRN - 13/Nov/26 4,993,796 0.45
600,000 HSBC Holdings plc 3.000% - 30/Jun/25 654,122 0.06
3,000,000 Icade Sante SAS 0.875% - 4/Nov/29 2,990,040 0.27
1,100,000 Infineon Technologies AG 1.625% - 24/Jun/29 1,172,226 0.11
3,000,000 Inmobiliaria Colonial Socimi SA 0.750% - 22/Jun/29 2,946,177 0.27
5,000,000 Intesa Sanpaolo SpA 1.000% - 4/Jul/24 5,106,789 0.47
2,000,000 ISS Global A/S 0.875% - 18/Jun/26 2,018,997 0.18
290
(expressed in EUR)

Nominal Value

2,200,000 JCDecaux SA 2.625% - 24/Apr/28 2,414,220 0.22
3,000,000 Johnson Controls International plc 0.375% - 15/Sep/27 2,974,172 0.26
1,900,000 JPMorgan Chase & Company FRN - 11/Mar/27 1,957,281 0.18
1,500,000 JPMorgan Chase & Company FRN - 18/May/28 1,589,248 0.14
1,700,000 KBC Group NV FRN - 1/Mar/27 1,692,893 0.15
3,000,000 KBC Group NV FRN - 3/Dec/29 2,988,047 0.27
1,000,000 Kellogg Company 1.250% - 10/Mar/25 1,034,413 0.09
2,200,000 Klepierre SA 0.875% - 17/Feb/31 2,193,527 0.20
3,000,000 Klepierre SA 2.000% - 12/May/29 3,271,764 0.31
1,200,000 Leasys SpA 0.000% - 22/Jul/24 1,198,473 0.11
3,400,000 Linde plc 0.000% - 30/Sep/26 3,388,243 0.31
900,000 Lloyds Banking Group plc FRN - 12/Nov/25 909,945 0.08
1,400,000 MACIF 0.625% - 21/Jun/27 1,373,115 0.12
600,000 Marsh & McLennan Companies Inc. 1.349% - 21/Sep/26 626,666 0.06
1,000,000 McKesson Corp. 1.500% - 17/Nov/25 1,049,575 0.10
4,200,000 MMS USA Financing Inc. 0.625% - 13/Jun/25 4,247,473 0.39
1,200,000 Molson Coors Brewing Company 1.250% - 15/Jul/24 1,229,573 0.11
450,000 Morgan Stanley FRN - 23/Oct/26 467,372 0.04
1,300,000 NatWest Group plc FRN - 14/Sep/32 1,282,259 0.12
5,000,000 NE Property BV 1.875% - 9/Oct/26 5,121,451 0.47
900,000 NIBC Bank NV 0.875% - 8/Jul/25 919,104 0.08
34,000 Nissan Motor Company Limited 1.940% - 15/Sep/23 35,054 0.00
5,000,000 Nissan Motor Company Limited 3.201% - 17/Sep/28 5,576,992 0.51
3,000,000 NN Group NV - Perp. FRN - 29/Jun/49 3,265,313 0.30
2,000,000 NN Group NV - Perp. FRN - 15/Jul/49 2,260,500 0.21
2,400,000 Nordea Bank Abp FRN - 18/Aug/31 2,381,913 0.22
1,500,000 NTT Finance Corp. 0.082% - 13/Dec/25 1,497,419 0.14
1,000,000 Nykredit Realkredit AS FRN - 28/Jul/31 991,439 0.09
4,000,000 OMV AG - Perp. FRN - 1/Sep/69 4,154,935 0.38
4,900,000 Orange SA - Perp. FRN - 15/Apr/68 5,113,705 0.47
1,000,000 PPG Industries Inc. 1.400% - 13/Mar/27 1,056,295 0.10
700,000 Raiffeisen Bank International AG FRN - 17/Jun/33 695,339 0.06
500,000 Raiffeisen Bank International AG 2.875% - 18/Jun/32 538,109 0.05
3,028,000 RCI Banque SA 1.000% - 17/May/23 3,058,502 0.28
3,300,000 Regie Autonome des Transports Parisiens 0.875% - 25/May/27 3,459,216 0.30
3,000,000 Repsol International Finance BV 0.250% - 2/Aug/27 2,990,079 0.27
2,000,000 Royal Mail plc 1.250% - 8/Oct/26 2,077,601 0.19
2,800,000 Santander UK Group Holdings plc FRN - 28/Feb/25 2,820,533 0.25
2,000,000 SBB Treasury Oyj 0.750% - 14/Dec/28 1,914,183 0.17
1,300,000 SES SA 1.625% - 22/Mar/26 1,351,261 0.12
400,000 Sika Capital BV 0.875% - 29/Apr/27 410,727 0.04
1,600,000 Societe Fonciere Lyonnaise SA 0.500% - 21/Apr/28 1,579,737 0.14
1,600,000 Societe Generale SA 0.625% - 2/Dec/27 1,595,955 0.14
5,000,000 Societe Generale SA FRN - 24/Nov/30 5,000,626 0.45
291
(expressed in EUR)

Nominal Value

2,000,000 SSE plc 0.875% - 6/Sep/25 2,047,664 0.19
750,000 Standard Chartered plc FRN - 23/Sep/31 748,888 0.07
2,000,000 Stellantis NV 0.750% - 18/Jan/29 1,976,503 0.18
600,000 Suez SA - Perp. FRN - 12/Sep/68 604,811 0.05
6,700,000 Technip Energies NV 1.125% - 28/May/28 6,726,500 0.61
3,000,000 Tesco Corporate Treasury Services plc 0.875% - 29/May/26 3,054,002 0.28
10,000,000 TotalEnergies SE - Perp. FRN - 25/Jan/70 9,937,965 0.90
2,200,000 UBS Group AG FRN - 29/Jan/26 2,204,509 0.20
400,000 UBS Group Funding 1.250% - 1/Sep/26 416,120 0.04
1,900,000 Unibail-Rodamco-Westfield SE 0.625% - 4/May/27 1,910,221 0.17
2,000,000 UniCredit SpA FRN - 22/Jul/27 2,112,064 0.19
3,000,000 Utah Acquisition Sub Inc. 2.250% - 22/Nov/24 3,170,885 0.29
5,000,000 Vivendi SA 1.125% - 11/Dec/28 5,188,940 0.47
1,100,000 Vonovia SE 0.375% - 16/Jun/27 1,089,548 0.10
5,000,000 Worldline SA 0.875% - 30/Jun/27 5,117,107 0.46
1,500,000 WPP Finance 1.375% - 20/Mar/25 1,561,389 0.14
355,596,325 32.33
Total Bonds 355,596,325 32.33
Total Net Assets 1,099,821,422 100.00
292
Sector % NAV
Governments 61.75
Banks 8.57
Insurance 3.23
Transportation 1.57
Food 1.30
Advertising 0.75
Software 0.71
Chemicals 0.64
Media 0.47
Real estate 0.47
Semiconductors 0.11
Beverages 0.09
Food services 0.09
293
(expressed in EUR)

Nominal Value
100,000 Action Logement Services 0.375% - 5/Oct/31 99,359 0.00
300,000 Action Logement Services 0.750% - 19/Jul/41 289,592 0.01
100,000 Adif Alta Velocidad 0.550% - 31/Oct/31 98,792 0.00
800,000 Adif Alta Velocidad 1.875% - 28/Jan/25 853,859 0.04
200,000 African Development Bank 0.500% - 21/Mar/29 204,965 0.01
400,000 Agence Francaise de Developpement 0.000% - 25/Mar/25 404,011 0.02
400,000 Agence Francaise de Developpement 0.000% - 28/Oct/27 401,490 0.02
300,000 Agence Francaise de Developpement 0.010% - 25/Nov/28 298,417 0.01
1,500,000 Agence Francaise de Developpement 0.125% - 15/Nov/23 1,515,102 0.06
300,000 Agence Francaise de Developpement 0.125% - 29/Sep/31 293,093 0.01
300,000 Agence Francaise de Developpement 0.250% - 21/Jul/26 305,110 0.01
300,000 Agence Francaise de Developpement 0.250% - 29/Jun/29 302,253 0.01
300,000 Agence Francaise de Developpement 1.000% - 31/Jan/28 318,689 0.01
100,000 Agence France Locale 0.000% - 20/Sep/27 99,939 0.00
200,000 Agence France Locale 0.000% - 20/Mar/31 193,807 0.01
500,000 Agence France Locale 0.125% - 20/Jun/26 504,618 0.02
300,000 Agence France Locale 1.125% - 20/Jun/28 320,143 0.01
300,000 Asian Development Bank 0.100% - 17/Jun/31 296,239 0.01
1,100,000 Austria (Govt of ) 0.000% - 20/Apr/23 1,109,484 0.04
2,650,000 Austria (Govt of ) 0.000% - 15/Jul/23 2,677,825 0.11
700,000 Austria (Govt of ) 0.000% - 20/Oct/40 642,285 0.03
350,000 Austria (Govt of ) 0.700% - 20/Apr/71 323,936 0.01
600,000 Austria (Govt of ) 0.850% - 30/Jun/20 524,398 0.02
440,000 Austria (Govt of ) 1.500% - 2/Nov/86 559,297 0.02
1,175,000 Austria (Govt of ) 2.100% - 20/Sep/17 1,807,123 0.07
1,200,000 Austria (Govt of ) 3.150% - 20/Jun/44 1,895,622 0.08
294
(expressed in EUR)

Nominal Value
1,580,000 Austria (Govt of ) 3.800% - 26/Jan/62 3,247,573 0.13
100,000 Autobahnen-und Schnellstrassen-Finanzierungs AG 0.125% - 2/Jun/31 98,736 0.00
100,000 Autobahnen-und Schnellstrassen-Finanzierungs-AG 0.000% - 16/Jul/27 100,019 0.00
600,000 Autobahnen-und Schnellstrassen-Finanzierungs-AG 0.625% - 15/Sep/22 605,101 0.03
200,000 Autobahnen-und Schnellstrassen-Finanzierungs-AG 2.750% - 20/Jun/33 252,836 0.01
200,000 Autonomous Community of Andalusia 0.500% - 30/Apr/31 196,703 0.01
200,000 Autonomous Community of Andalusia 0.700% - 30/Jul/33 195,716 0.01
300,000 Autonomous Community of Andalusia 1.375% - 30/Apr/29 321,054 0.01
320,000 Autonomous Community of Catalonia 4.220% - 26/Apr/35 420,368 0.02
200,000 Autonomous Community of Madrid 0.160% - 30/Jul/28 199,333 0.01
200,000 Autonomous Community of Madrid 0.420% - 30/Apr/31 196,913 0.01
300,000 Basque (Government) 1.125% - 30/Apr/29 317,588 0.01
200,000 Basque (Govt) 0.450% - 30/Apr/32 196,138 0.01
1,000,000 Belgium (Govt of ) 0.650% - 22/Jun/71 820,260 0.03
500,000 BNG Bank NV 0.000% - 31/Aug/28 498,884 0.02
295
(expressed in EUR)

Nominal Value
200,000 BNG Bank NV 0.000% - 20/Jan/31 196,165 0.01
200,000 BNG Bank NV 0.010% - 5/Oct/32 193,980 0.01
700,000 BNG Bank NV 0.050% - 13/Jul/24 706,148 0.03
1,000,000 BNG Bank NV 0.100% - 15/Jan/30 997,516 0.04
380,000 BNG Bank NV 0.125% - 11/Apr/26 384,011 0.02
350,000 BNG Bank NV 0.125% - 19/Apr/33 342,485 0.01
600,000 BNG Bank NV 0.125% - 9/Jul/35 575,360 0.02
1,000,000 BNG Bank NV 0.250% - 22/Feb/23 1,009,055 0.04
500,000 BNG Bank NV 0.250% - 7/Jun/24 507,198 0.02
400,000 BNG Bank NV 0.875% - 17/Oct/35 422,051 0.02
500,000 BNG Bank NV 1.000% - 12/Jan/26 523,291 0.02
100,000 BNG Bank NV 1.375% - 21/Oct/30 110,378 0.00
300,000 BNG Bank NV 1.500% - 29/Mar/38 345,635 0.01
200,000 BNG Bank NV 3.875% - 26/May/23 212,248 0.01
200,000 BPIFrance Financement SA 0.000% - 25/Nov/22 200,903 0.01
600,000 BPIFrance Financement SA 0.000% - 25/May/28 600,305 0.02
200,000 BPIFrance Financement SA 0.050% - 26/Sep/29 198,099 0.01
1,100,000 BPIFrance Financement SA 0.125% - 25/Nov/23 1,112,672 0.04
800,000 BPIFrance Financement SA 0.125% - 25/Mar/25 810,218 0.03
200,000 BPIFrance Financement SA 0.125% - 26/Feb/27 202,292 0.01
200,000 BPIFrance Financement SA 0.250% - 29/Mar/30 200,913 0.01
100,000 BPIFrance Financement SA 0.250% - 4/Jun/31 99,776 0.00
1,000,000 BPIFrance Financement SA 0.625% - 25/May/26 1,035,045 0.04
500,000 BPIFrance Financement SA 2.375% - 25/Apr/22 504,636 0.02
300,000 BPIFrance Financement SA 2.750% - 25/Oct/25 334,369 0.01
200,000 Bulgaria (Govt of ) 0.375% - 23/Sep/30 198,250 0.01
200,000 Bulgaria (Govt of ) 1.375% - 23/Sep/50 192,317 0.01
480,000 Bulgaria (Govt of ) 2.625% - 26/Mar/27 541,442 0.02
800,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/Feb/26 807,412 0.03
900,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/Feb/28 901,442 0.04
1,000,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/May/29 993,426 0.04
800,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/May/31 777,669 0.03
1,400,000 Caisse d’Amortissement de la Dette Sociale 0.125% - 25/Oct/23 1,414,294 0.06
1,000,000 Caisse d’Amortissement de la Dette Sociale 0.125% - 15/Sep/31 978,406 0.04
2,400,000 Caisse d’Amortissement de la Dette Sociale 0.500% - 25/May/23 2,432,284 0.11
400,000 Caisse d’Amortissement de la Dette Sociale 1.375% - 25/Nov/24 419,770 0.02
1,150,000 Caisse d’Amortissement de la Dette Sociale 2.375% - 25/Jan/24 1,216,074 0.05
200,000 Caisse d’Amortissement de la Dette Sociale 2.500% - 25/Oct/22 204,925 0.01
450,000 Caisse d’Amortissement de la Dette Sociale 4.000% - 15/Dec/25 525,776 0.02
570,000 Caisse d’Amortissement de la Dette Sociale 4.125% - 25/Apr/23 604,495 0.02
100,000 Cassa Depositi e Prestiti SpA 0.750% - 21/Nov/22 100,946 0.00
200,000 Cassa Depositi e Prestiti SpA 1.000% - 21/Sep/28 203,385 0.01
296
(expressed in EUR)

Nominal Value
700,000 Cassa Depositi e Prestiti SpA 1.500% - 21/Jun/24 725,008 0.03
200,000 Cassa Depositi e Prestiti SpA 1.500% - 9/Apr/25 207,907 0.01
100,000 CCR RE SA FRN - 15/Jul/40 107,530 0.00
400,000 Chile (Govt of ) 0.830% - 2/Jul/31 400,220 0.02
170,000 Chile (Govt of ) 1.250% - 29/Jan/40 165,474 0.01
300,000 Chile (Govt of ) 1.250% - 22/Jan/51 271,307 0.01
200,000 Chile (Govt of ) 1.300% - 26/Jul/36 196,562 0.01
970,000 Chile (Govt of ) 1.625% - 30/Jan/25 1,016,560 0.04
300,000 Chile (Govt of ) 1.875% - 27/May/30 328,350 0.01
800,000 China (Govt of ) 0.125% - 12/Nov/26 801,604 0.03
500,000 China (Govt of ) 0.250% - 25/Nov/30 486,890 0.02
330,000 China (Govt of ) 0.625% - 25/Nov/35 314,155 0.01
200,000 China Development Bank 0.625% - 12/Dec/22 201,342 0.01
500,000 City of Milan 4.019% - 29/Jun/35 632,958 0.03
200,000 Communaute Francaise de Belgique 0.000% - 22/Jun/29 197,887 0.01
300,000 Communaute Francaise de Belgique 0.625% - 11/Jun/35 300,359 0.01
200,000 Corporacion Andina de Fomento 0.250% - 4/Feb/26 199,395 0.01
300,000 Corporacion Andina de Fomento 0.625% - 20/Nov/26 303,129 0.01
500,000 Council of Europe Development Bank 0.000% - 10/Apr/26 503,944 0.02
200,000 Council of Europe Development Bank 0.625% - 30/Jan/29 208,476 0.01
300,000 Council of Europe Development Bank 0.750% - 24/Jan/28 314,809 0.01
500,000 Council Of Europe Development Bank 0.000% - 9/Apr/27 502,648 0.02
250,000 Cppib Capital Inc. 0.050% - 24/Feb/31 242,533 0.01
250,000 CPPIB Capital Inc. 0.750% - 15/Jul/49 247,359 0.01
250,000 CPPIB Capital Inc. 0.875% - 6/Feb/29 261,561 0.01
300,000 CPPIB Capital Inc. 1.500% - 4/Mar/33 331,858 0.01
600,000 Croatia (Govt of ) 1.125% - 19/Jun/29 611,856 0.02
500,000 Croatia (Govt of ) 1.125% - 4/Mar/33 497,195 0.02
800,000 Cyprus (Govt of ) 0.625% - 3/Dec/24 816,920 0.03
200,000 Cyprus (Govt of ) 1.500% - 16/Apr/27 212,313 0.01
700,000 Cyprus (Govt of ) 2.375% - 25/Sep/28 791,253 0.03
970,000 Cyprus (Govt of ) 2.750% - 26/Feb/34 1,185,832 0.05
640,000 Czech Republic (Govt of ) 3.875% - 24/May/22 651,008 0.03
350,000 Deutsche Bahn Finance BV 1.500% - 8/Dec/32 385,135 0.02
350,000 Deutsche Bahn Finance BV 1.625% - 6/Nov/30 388,738 0.02
450,000 Development Bank of Japan Inc. 4.750% - 26/Nov/27 570,353 0.02
400,000 Erste Abwicklungsanstalt 0.010% - 3/Nov/23 402,672 0.02
500,000 Estonia (Govt of ) 0.125% - 10/Jun/30 500,784 0.02
700,000 Eurofima 0.100% - 20/May/30 690,344 0.03
150,000 European Financial Stability Facility 0.000% - 24/Apr/23 151,185 0.01
810,000 European Financial Stability Facility 0.000% - 15/Oct/25 819,245 0.03
1,000,000 European Financial Stability Facility 0.000% - 20/Jul/26 1,010,808 0.04
297
(expressed in EUR)

Nominal Value
840,000 European Financial Stability Facility 0.000% - 20/Jan/31 832,464 0.03
850,000 European Financial Stability Facility 0.000% - 17/Nov/22 854,953 0.03
1,000,000 European Financial Stability Facility 0.000% - 19/Apr/24 1,011,191 0.04
1,010,000 European Financial Stability Facility 0.375% - 11/Oct/24 1,032,109 0.04
970,000 European Financial Stability Facility 0.400% - 31/May/26 997,563 0.04
800,000 European Financial Stability Facility 0.500% - 11/Jul/25 823,308 0.03
920,000 European Financial Stability Facility 0.950% - 14/Feb/28 978,742 0.04
2,380,000 European Financial Stability Facility 1.250% - 24/May/33 2,643,997 0.11
850,000 European Financial Stability Facility 1.450% - 5/Sep/40 990,605 0.04
900,000 European Financial Stability Facility 1.700% - 13/Feb/43 1,106,539 0.04
1,140,000 European Financial Stability Facility 1.750% - 27/Jun/24 1,202,565 0.04
950,000 European Financial Stability Facility 1.750% - 17/Jul/53 1,251,949 0.05
730,000 European Financial Stability Facility 2.350% - 29/Jul/44 1,008,247 0.04
560,000 European Financial Stability Facility 3.000% - 4/Sep/34 747,133 0.03
600,000 European Financial Stability Facility 3.875% - 30/Mar/32 826,336 0.03
115,000 European Investment Bank 0.000% - 16/Oct/23 116,087 0.00
3,410,000 European Investment Bank 0.000% - 15/Mar/24 3,444,509 0.14
1,500,000 European Investment Bank 0.000% - 17/Jun/27 1,514,288 0.06
500,000 European Investment Bank 0.000% - 28/Mar/28 503,751 0.02
1,400,000 European Investment Bank 0.000% - 15/May/28 1,409,715 0.06
1,000,000 European Investment Bank 0.010% - 15/May/41 913,634 0.04
1,200,000 European Investment Bank 0.050% - 15/Dec/23 1,212,775 0.05
298
(expressed in EUR)

Nominal Value
200,000 European Investment Bank 0.125% - 20/Jun/29 202,030 0.01
1,000,000 European Investment Bank 0.375% - 16/Jul/25 1,024,196 0.04
780,000 European Investment Bank 0.375% - 14/Apr/26 800,736 0.03
600,000 European Investment Bank 0.500% - 13/Nov/37 609,618 0.02
770,000 European Investment Bank 0.875% - 13/Sep/24 796,732 0.03
360,000 European Stability Mechanism 0.000% - 16/Dec/24 364,304 0.01
530,000 European Stability Mechanism 0.000% - 10/Feb/23 533,588 0.02
1,000,000 European Stability Mechanism 0.000% - 14/Mar/25 1,010,870 0.04
400,000 European Stability Mechanism 0.010% - 4/Mar/30 398,416 0.02
350,000 European Stability Mechanism 0.010% - 15/Oct/31 345,491 0.01
600,000 European Stability Mechanism 0.100% - 31/Jul/23 606,036 0.02
1,000,000 European Stability Mechanism 0.125% - 22/Apr/24 1,013,565 0.04
980,000 European Stability Mechanism 0.500% - 2/Mar/26 1,009,610 0.04
800,000 European Stability Mechanism 0.750% - 5/Sep/28 842,534 0.03
1,120,000 European Stability Mechanism 1.125% - 3/May/32 1,225,665 0.05
300,000 European Stability Mechanism 1.200% - 23/May/33 330,529 0.01
299
(expressed in EUR)

Nominal Value
800,000 European Stability Mechanism 1.625% - 17/Nov/36 937,940 0.04
600,000 European Stability Mechanism 1.750% - 20/Oct/45 762,545 0.03
1,000,000 European Stability Mechanism 2.125% - 20/Nov/23 1,049,562 0.04
2,000,000 European Union 0.000% - 4/Mar/26 2,029,412 0.08
880,000 European Union 0.000% - 22/Apr/31 874,034 0.04
900,000 European Union 0.000% - 4/Nov/25 913,058 0.04
1,400,000 European Union 0.250% - 22/Apr/36 1,370,766 0.06
900,000 European Union 0.450% - 2/May/46 885,110 0.04
1,050,000 European Union 0.750% - 4/Jan/47 1,099,713 0.04
460,000 European Union 1.375% - 4/Oct/29 509,694 0.02
900,000 European Union 3.000% - 4/Sep/26 1,037,732 0.04
200,000 Export Development Canada 0.250% - 7/Mar/26 202,467 0.01
200,000 Export-Import Bank of Korea 0.375% - 26/Mar/24 202,772 0.01
1,280,000 Finland (Govt of ) 0.000% - 15/Apr/22 1,282,691 0.05
700,000 Finland (Govt of ) 0.000% - 15/Sep/24 711,345 0.03
500,000 Finland (Govt of ) 0.125% - 15/Apr/36 487,353 0.02
300
(expressed in EUR)

Nominal Value
930,000 Finland (Govt of ) 2.625% - 4/Jul/42 1,351,884 0.05
1,045,000 Finland (Govt of ) 2.750% - 4/Jul/28 1,250,423 0.05
650,000 Finland (Govt of ) 4.000% - 4/Jul/25 754,976 0.03
200,000 Finnvera Oyj 0.000% - 15/Sep/27 199,889 0.01
700,000 Finnvera Oyj 0.500% - 13/Apr/26 717,242 0.03
800,000 Finnvera plc 1.125% - 17/May/32 864,063 0.03
300,000 Flemish Community 1.500% - 12/Jul/38 336,778 0.01
200,000 Flemish Community 1.875% - 2/Jun/42 239,229 0.01
200,000 Fondo de Titulizacion del Deficit del Sistema Electrico 0.050% - 17/Sep/24 202,361 0.01
1,200,000 Fondo de Titulizacion del Deficit del Sistema Electrico 0.500% - 17/Mar/23 1,215,021 0.05
200,000 Fondo de Titulizacion del Deficit del Sistema Electrico 0.500% - 17/Jun/23 202,816 0.01
200,000 Fondo de Titulizacion del Deficit del Sistema Electrico FTA 0.010% - 17/Sep/25 201,674 0.01
2,310,000 France (Govt of ) 0.000% - 25/Feb/23 2,328,291 0.09
5,690,000 France (Govt of ) 1.750% - 25/Jun/39 6,871,699 0.28
301
(expressed in EUR)

Nominal Value
600,000 France (Govt of ) 8.500% - 25/Apr/23 672,407 0.03
2,840,000 France (Govt Of ) 0.000% - 25/Feb/27 2,878,332 0.12
500,000 Free and Hanseatic City of Hamburg 0.000% - 7/Apr/26 502,585 0.02
100,000 Free and Hanseatic City of Hamburg 0.010% - 30/Jun/28 99,864 0.00
300,000 Free and Hanseatic City of Hamburg 0.010% - 3/Jun/30 296,904 0.01
100,000 Free and Hanseatic City of Hamburg 0.010% - 5/Nov/35 93,794 0.00
100,000 Free and Hanseatic City of Hamburg 0.250% - 18/Feb/41 93,999 0.00
200,000 Free and Hanseatic City of Hamburg 0.300% - 16/Sep/50 184,590 0.01
300,000 Free and Hanseatic City of Hamburg 0.800% - 11/Apr/34 314,062 0.01
600,000 Free State of Bavaria 0.010% - 20/Mar/23 604,050 0.02
600,000 Free State of Bavaria 0.010% - 7/May/27 601,999 0.02
100,000 Free State of Saxony 0.010% - 5/Nov/29 99,303 0.00
100,000 Free State of Saxony 0.010% - 29/Apr/31 98,090 0.00
200,000 Free State of Saxony 0.010% - 17/Dec/35 187,773 0.01
400,000 Free State of Saxony 0.400% - 12/May/36 395,509 0.02
200,000 Gemeinsame Deutsche Bundeslaender 0.000% - 25/Sep/29 198,535 0.01
600,000 Gemeinsame Deutsche Bundeslaender 0.010% - 8/Oct/27 601,724 0.02
200,000 Gemeinsame Deutsche Bundeslaender 0.010% - 26/Aug/30 197,558 0.01
200,000 Gemeinsame Deutsche Bundeslaender 0.010% - 4/Feb/31 196,994 0.01
1,170,000 Gemeinsame Deutsche Bundeslaender 0.125% - 14/Apr/23 1,180,068 0.05
700,000 Gemeinsame Deutsche Bundeslaender 1.750% - 13/Jun/22 707,358 0.03
200,000 Gemeinsame Deutsche Bundeslaender 1.750% - 31/Jan/23 205,051 0.01
2,700,000 Germany (Govt of ) 0.000% - 16/Sep/22 2,713,392 0.11
1,000,000 Germany (Govt of ) 0.000% - 7/Oct/22 1,005,150 0.04
302
(expressed in EUR)

Nominal Value
1,000,000 Germany (Govt of ) 0.000% - 15/Dec/22 1,006,140 0.04
2,000,000 Germany (Govt of ) 0.000% - 10/Mar/23 2,015,260 0.08
3,300,000 Germany (Govt of ) 0.000% - 16/Jun/23 3,331,053 0.13
4,470,000 Germany (Govt of ) 0.000% - 15/Nov/27 4,578,308 0.18
4,110,000 Germany (Govt of ) 0.000% - 15/Nov/28 4,212,216 0.17
4,630,000 Germany (Govt of ) 1.500% - 4/Sep/22 4,702,506 0.19
303
(expressed in EUR)

Nominal Value
1,200,000 Gestion Securite de Stocks Securite SA 0.625% - 25/May/23 1,217,082 0.05
370,000 Hungary (Govt of ) 0.500% - 18/Nov/30 363,742 0.01
300,000 Hungary (Govt of ) 1.625% - 28/Apr/32 315,148 0.01
200,000 Hungary (Govt of ) 1.750% - 10/Oct/27 217,901 0.01
300,000 IBRD 0.200% - 21/Jan/61 253,646 0.01
400,000 Iceland (Govt of ) 0.500% - 20/Dec/22 403,084 0.02
200,000 Indonesia (Govt of ) 0.900% - 14/Feb/27 200,436 0.01
100,000 Indonesia (Govt of ) 1.000% - 28/Jul/29 98,656 0.00
400,000 Indonesia (Govt of ) 1.100% - 12/Mar/33 386,541 0.02
1,100,000 Indonesia (Govt of ) 2.625% - 14/Jun/23 1,140,874 0.05
200,000 Indonesia (Govt of ) 3.750% - 14/Jun/28 232,779 0.01
100,000 Instituto de Credito Oficial 0.000% - 30/Apr/26 100,503 0.00
600,000 Instituto de Credito Oficial 0.250% - 30/Apr/22 601,810 0.02
640,000 Instituto de Credito Oficial 0.750% - 31/Oct/23 654,135 0.03
150,000 International Bank for Reconstruction & Development 0.010% - 24/Apr/28 150,079 0.01
200,000 International Bank for Reconstruction & Development 0.100% - 17/Sep/35 191,378 0.01
350,000 International Bank for Reconstruction & Development 0.125% - 3/Jan/51 302,792 0.01
400,000 International Bank for Reconstruction & Development 0.500% - 16/Apr/30 412,119 0.02
4,170,000 International Bank for Reconstruction & Development 0.625% - 12/Jan/33 4,310,675 0.17
300,000 International Development Association 0.000% - 15/Jul/31 292,490 0.01
300,000 International Development Association 0.350% - 22/Apr/36 293,636 0.01
200,000 Investitionsbank Schleswig-Holstein 0.010% - 15/May/26 200,734 0.01
600,000 Ireland (Govt of ) 0.550% - 22/Apr/41 586,310 0.02
810,000 Ireland (Govt of ) 1.350% - 18/Mar/31 902,161 0.04
304
(expressed in EUR)

Nominal Value
1,570,000 Ireland (Govt of ) 2.000% - 18/Feb/45 2,008,614 0.08
1,400,000 Israel (Govt of ) 1.500% - 18/Jan/27 1,502,410 0.06
200,000 Israel (Govt of ) 1.500% - 16/Jan/29 217,624 0.01
3,000,000 Italy (Govt of ) 0.000% - 29/Nov/22 3,011,877 0.12
3,500,000 Italy (Govt of ) 0.000% - 15/Jan/24 3,505,933 0.14
3,000,000 Italy (Govt of ) 0.000% - 15/Apr/24 3,000,612 0.12
4,300,000 Italy (Govt of ) 0.000% - 1/Apr/26 4,234,296 0.17
2,000,000 Italy (Govt of ) 0.000% - 1/Aug/26 1,962,165 0.08
700,000 Italy (Govt of ) 0.050% - 15/Jan/23 703,887 0.03
4,360,000 Italy (Govt of ) 0.250% - 15/Mar/28 4,254,189 0.17
2,500,000 Italy (Govt of ) 0.300% - 15/Aug/23 2,523,770 0.10
2,450,000 Italy (Govt of ) 0.350% - 1/Feb/25 2,469,017 0.10
3,890,000 Italy (Govt of ) 0.500% - 1/Feb/26 3,919,969 0.16
2,525,000 Italy (Govt of ) 0.500% - 15/Jul/28 2,492,053 0.10
2,800,000 Italy (Govt of ) 0.600% - 15/Jun/23 2,839,978 0.11
3,370,000 Italy (Govt of ) 0.600% - 1/Aug/31 3,210,809 0.13
8,660,000 Italy (Govt of ) 0.650% - 15/Oct/23 8,796,710 0.35
3,000,000 Italy (Govt of ) 0.850% - 15/Jan/27 3,057,949 0.12
3,600,000 Italy (Govt of ) 0.900% - 1/Apr/31 3,541,813 0.14
2,240,000 Italy (Govt of ) 0.950% - 1/Mar/23 2,274,888 0.09
3,690,000 Italy (Govt of ) 0.950% - 15/Mar/23 3,749,806 0.15
4,000,000 Italy (Govt of ) 0.950% - 15/Sep/27 4,084,380 0.16
3,390,000 Italy (Govt of ) 0.950% - 1/Aug/30 3,378,660 0.14
2,300,000 Italy (Govt of ) 0.950% - 1/Dec/31 2,254,552 0.09
2,470,000 Italy (Govt of ) 0.950% - 1/Mar/37 2,275,149 0.09
6,000,000 Italy (Govt of ) 1.250% - 1/Dec/26 6,246,870 0.25
4,400,000 Italy (Govt of ) 1.350% - 1/Apr/30 4,545,640 0.18
4,400,000 Italy (Govt of ) 1.450% - 15/Sep/22 4,459,378 0.18
2,960,000 Italy (Govt of ) 1.450% - 15/Nov/24 3,077,162 0.12
3,200,000 Italy (Govt of ) 1.450% - 15/May/25 3,338,800 0.13
2,600,000 Italy (Govt of ) 1.450% - 1/Mar/36 2,601,117 0.10
4,140,000 Italy (Govt of ) 1.500% - 1/Jun/25 4,327,952 0.17
2,040,000 Italy (Govt of ) 1.500% - 30/Apr/45 1,913,908 0.08
3,950,000 Italy (Govt of ) 1.600% - 1/Jun/26 4,167,764 0.17
4,100,000 Italy (Govt of ) 1.650% - 1/Dec/30 4,313,289 0.17
7,400,000 Italy (Govt of ) 1.650% - 1/Mar/32 7,757,937 0.31
2,800,000 Italy (Govt of ) 1.700% - 1/Sep/51 2,630,964 0.11
5,400,000 Italy (Govt of ) 1.750% - 1/Jul/24 5,634,831 0.23
2,950,000 Italy (Govt of ) 1.800% - 1/Mar/41 2,980,692 0.12
4,670,000 Italy (Govt of ) 1.850% - 15/May/24 4,879,406 0.20
3,300,000 Italy (Govt of ) 1.850% - 1/Jul/25 3,489,865 0.14
305
(expressed in EUR)

Nominal Value
3,460,000 Italy (Govt of ) 2.000% - 1/Dec/25 3,695,636 0.15
4,940,000 Italy (Govt of ) 2.000% - 1/Feb/28 5,350,909 0.22
3,500,000 Italy (Govt of ) 2.050% - 1/Aug/27 3,789,651 0.15
2,633,000 Italy (Govt of ) 2.100% - 15/Jul/26 2,839,759 0.11
900,000 Italy (Govt of ) 2.150% - 1/Mar/72 861,659 0.03
4,060,000 Italy (Govt of ) 2.200% - 1/Jun/27 4,428,567 0.17
4,120,000 Italy (Govt of ) 2.250% - 1/Sep/36 4,537,095 0.18
630,000 Italy (Govt of ) 2.450% - 1/Oct/23 659,597 0.03
3,420,000 Italy (Govt of ) 2.450% - 1/Sep/33 3,852,581 0.16
2,800,000 Italy (Govt of ) 2.450% - 1/Sep/50 3,087,616 0.12
4,780,000 Italy (Govt of ) 2.500% - 1/Dec/24 5,116,681 0.21
2,894,000 Italy (Govt of ) 2.500% - 15/Nov/25 3,147,353 0.13
4,080,000 Italy (Govt of ) 2.700% - 1/Mar/47 4,732,717 0.19
4,250,000 Italy (Govt of ) 2.800% - 1/Dec/28 4,847,767 0.20
1,950,000 Italy (Govt of ) 2.800% - 1/Mar/67 2,207,829 0.09
2,900,000 Italy (Govt of ) 2.950% - 1/Sep/38 3,478,260 0.14
4,200,000 Italy (Govt of ) 3.000% - 1/Aug/29 4,874,531 0.19
3,000,000 Italy (Govt of ) 3.100% - 1/Mar/40 3,673,365 0.15
2,970,000 Italy (Govt of ) 3.250% - 1/Sep/46 3,765,218 0.15
2,780,000 Italy (Govt of ) 3.350% - 1/Mar/35 3,421,499 0.14
3,250,000 Italy (Govt of ) 3.450% - 1/Mar/48 4,271,215 0.17
4,930,000 Italy (Govt of ) 3.500% - 1/Mar/30 5,949,968 0.24
3,140,000 Italy (Govt of ) 3.750% - 1/Sep/24 3,450,301 0.14
3,100,000 Italy (Govt of ) 3.850% - 1/Sep/49 4,362,615 0.18
5,360,000 Italy (Govt of ) 4.000% - 1/Feb/37 7,147,265 0.29
3,100,000 Italy (Govt of ) 4.500% - 1/May/23 3,303,729 0.13
3,720,000 Italy (Govt of ) 4.500% - 1/Mar/24 4,086,904 0.16
3,930,000 Italy (Govt of ) 4.500% - 1/Mar/26 4,615,496 0.19
3,950,000 Italy (Govt of ) 4.750% - 1/Aug/23 4,265,914 0.17
4,400,000 Italy (Govt of ) 4.750% - 1/Sep/28 5,562,359 0.22
3,570,000 Italy (Govt of ) 4.750% - 1/Sep/44 5,532,646 0.22
4,010,000 Italy (Govt of ) 5.000% - 1/Mar/25 4,627,345 0.19
4,840,000 Italy (Govt of ) 5.000% - 1/Aug/34 6,885,904 0.28
4,525,000 Italy (Govt of ) 5.000% - 1/Aug/39 6,863,803 0.28
4,470,000 Italy (Govt of ) 5.000% - 1/Sep/40 6,872,625 0.28
250,000 Italy (Govt of ) 5.125% - 31/Jul/24 281,518 0.01
500,000 Italy (Govt of ) 5.200% - 31/Jul/34 707,164 0.03
5,880,000 Italy (Govt of ) 5.250% - 1/Nov/29 7,870,716 0.32
3,360,000 Italy (Govt of ) 5.500% - 1/Nov/22 3,525,673 0.14
3,830,000 Italy (Govt of ) 5.750% - 1/Feb/33 5,637,192 0.23
5,670,000 Italy (Govt of ) 6.000% - 1/May/31 8,195,971 0.33
5,210,000 Italy (Govt of ) 6.500% - 1/Nov/27 6,978,521 0.28
1,920,000 Italy (Govt of ) 7.250% - 1/Nov/26 2,552,388 0.10
1,840,000 Italy (Govt of ) 9.000% - 1/Nov/23 2,149,710 0.09
200,000 Junta de Castilla Y 0.425% - 30/Apr/30 197,801 0.01
1,040,000 KAF Kaerntner Ausgleichszahlungs-Fonds 0.000% - 14/Jan/32 994,358 0.04
100,000 Kazakhstan (Govt of ) 0.600% - 30/Sep/26 98,994 0.00
306
(expressed in EUR)

Nominal Value
100,000 Kazakhstan (Govt of ) 1.500% - 30/Sep/34 100,120 0.00
400,000 Kommunalbanken AS 0.050% - 24/Oct/29 394,514 0.02
100,000 Kommunekredit 0.000% - 27/Aug/30 97,891 0.00
100,000 Kommunekredit 0.010% - 4/May/34 94,606 0.00
200,000 Kommunekredit 0.125% - 28/Aug/23 201,796 0.01
550,000 Kommunekredit 0.250% - 29/Mar/23 555,258 0.02
200,000 Kommunekredit 0.250% - 16/Feb/24 202,547 0.01
200,000 Kommunekredit 0.500% - 24/Jan/25 204,316 0.01
300,000 Kommunekredit 0.750% - 5/Jul/28 313,131 0.01
100,000 Korea Development Bank 0.000% - 10/Jul/24 100,258 0.00
100,000 Kreditanstalt fuer Wiederaufbau 0.000% - 26/Jan/23 100,779 0.00
1,400,000 Kreditanstalt fuer Wiederaufbau 0.000% - 4/Jul/24 1,416,607 0.06
700,000 Kreditanstalt fuer Wiederaufbau 0.000% - 30/Sep/26 707,898 0.03
1,100,000 Kreditanstalt fuer Wiederaufbau 0.000% - 31/Mar/27 1,109,959 0.04
5,310,000 Kreditanstalt fuer Wiederaufbau 0.050% - 30/May/24 5,377,557 0.23
500,000 Kreditanstalt fuer Wiederaufbau 0.375% - 9/Mar/26 513,878 0.02
4,810,000 Kreditanstalt fuer Wiederaufbau 0.375% - 23/Apr/30 4,943,202 0.20
200,000 Kreditanstalt fuer Wiederaufbau 0.875% - 4/Jul/39 215,434 0.01
525,000 Kreditanstalt fuer Wiederaufbau 1.500% - 11/Jun/24 550,319 0.02
100,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 18/Feb/25 101,216 0.00
1,500,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 15/Jun/26 1,517,251 0.06
900,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 15/Dec/27 907,462 0.04
1,000,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 9/Nov/28 1,006,175 0.04
700,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 15/Jun/29 701,858 0.03
800,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 10/Jan/31 793,870 0.03
1,500,000 Kreditanstalt Fuer Wiederaufbau 0.010% - 31/Mar/25 1,518,805 0.07
590,000 Kreditanstalt Fuer Wiederaufbau 0.050% - 29/Sep/34 571,042 0.02
500,000 Kreditanstalt Fuer Wiederaufbau 0.375% - 20/May/36 500,258 0.02
900,000 Kreditanstalt Fuer Wiederaufbau 0.625% - 22/Feb/27 937,758 0.04
500,000 Kreditanstalt Fuer Wiederaufbau 1.125% - 9/May/33 549,886 0.02
100,000 Kuntarahoitus Oyj 0.000% - 21/Apr/28 99,900 0.00
100,000 Kuntarahoitus Oyj 0.050% - 6/Sep/29 99,658 0.00
900,000 Kuntarahoitus Oyj 0.125% - 7/Mar/24 909,863 0.04
500,000 Kuntarahoitus Oyj 0.625% - 26/Nov/26 517,492 0.02
300,000 Land Baden-Wuerttemberg 0.010% - 4/Aug/27 300,582 0.01
200,000 Land Baden-Wuerttemberg 0.010% - 2/Sep/30 197,692 0.01
200,000 Land Baden-Wuerttemberg 0.010% - 9/Jul/32 194,324 0.01
307
(expressed in EUR)

Nominal Value
500,000 Land Baden-Wuerttemberg 0.625% - 27/Jan/26 515,813 0.02
300,000 Land Baden-Wurttemberg 0.625% - 9/Feb/27 310,877 0.01
500,000 Land Baden-Wurttemberg 1.000% - 18/Jul/22 504,408 0.02
1,300,000 Land Berlin 0.000% - 11/Dec/24 1,309,834 0.05
400,000 Land Berlin 0.010% - 21/Nov/23 403,074 0.02
600,000 Land Berlin 0.010% - 18/May/27 601,831 0.02
100,000 Land Berlin 0.010% - 2/Jul/30 98,931 0.00
450,000 Land Berlin 0.050% - 6/Aug/40 408,662 0.02
460,000 Land Berlin 0.100% - 18/Jan/41 420,893 0.02
200,000 Land Berlin 0.350% - 9/Sep/50 188,388 0.01
390,000 Land Berlin 0.625% - 8/Feb/27 403,887 0.02
900,000 Land Berlin 0.625% - 25/Aug/36 917,519 0.04
300,000 Land Berlin 0.625% - 15/Jul/39 303,636 0.01
400,000 Land Berlin 0.750% - 11/Nov/22 404,668 0.02
200,000 Land Berlin 1.000% - 19/May/32 214,704 0.01
380,000 Land Berlin 1.375% - 5/Jun/37 428,111 0.02
600,000 Land Thueringen 0.200% - 26/Oct/26 608,660 0.02
500,000 Land Thueringen 0.500% - 2/Mar/27 514,793 0.02
300,000 Landwirtschaftliche Rentenbank 0.000% - 22/Sep/27 301,448 0.01
400,000 Landwirtschaftliche Rentenbank 0.000% - 19/Jul/28 400,858 0.02
200,000 Landwirtschaftliche Rentenbank 0.000% - 30/Jun/31 197,214 0.01
200,000 Landwirtschaftliche Rentenbank 0.050% - 18/Dec/29 199,815 0.01
240,000 Landwirtschaftliche Rentenbank 0.250% - 29/Aug/25 244,057 0.01
995,000 Landwirtschaftliche Rentenbank 0.375% - 22/Jan/24 1,010,933 0.04
100,000 Landwirtschaftliche Rentenbank 0.625% - 18/May/27 103,881 0.00
2,100,000 Landwirtschaftliche Rentenbank 0.625% - 20/Feb/30 2,191,698 0.09
300,000 Latvia (Govt of ) 0.000% - 17/Mar/31 291,473 0.01
300,000 Latvia (Govt of ) 1.125% - 30/May/28 320,312 0.01
200,000 Latvia (Govt of ) 1.375% - 16/May/36 223,243 0.01
400,000 Latvia (Govt of ) 1.875% - 19/Feb/49 516,515 0.02
1,365,000 Latvia (Govt of ) 2.875% - 30/Apr/24 1,465,532 0.06
400,000 Lithuania (Govt of ) 0.500% - 19/Jun/29 408,259 0.02
410,000 Lithuania (Govt of ) 0.500% - 28/Jul/50 371,253 0.01
200,000 Lithuania (Govt of ) 0.750% - 6/May/30 208,196 0.01
200,000 Lithuania (Govt of ) 0.750% - 15/Jul/51 193,490 0.01
400,000 Lithuania (Govt of ) 0.950% - 26/May/27 419,626 0.02
100,000 Lithuania (Govt of ) 1.625% - 19/Jun/49 120,230 0.00
100,000 Lithuania (Govt of ) 2.125% - 29/Oct/26 110,556 0.00
520,000 Lithuania (Govt of ) 3.375% - 22/Jan/24 558,985 0.02
890,000 Luxembourg (Govt of ) 0.000% - 28/Apr/25 898,584 0.04
900,000 Luxembourg (Govt of ) 0.000% - 13/Nov/26 906,688 0.04
590,000 Luxembourg (Govt of ) 0.000% - 28/Apr/30 587,035 0.02
690,000 Luxembourg (Govt of ) 0.000% - 24/Mar/31 681,356 0.03
200,000 Luxembourg (Govt of ) 0.000% - 14/Sep/32 195,360 0.01
650,000 Luxembourg (Govt of ) 0.625% - 1/Feb/27 674,523 0.03
308
(expressed in EUR)

Nominal Value
1,000,000 Luxembourg (Govt of ) 2.250% - 19/Mar/28 1,147,823 0.05
3,350,000 Madrid (Autonomous Community of ) 0.997% - 30/Sep/24 3,470,426 0.15
540,000 Madrid (Autonomous Community of ) 2.080% - 12/Mar/30 610,830 0.02
700,000 Madrid (Autonomous Community of ) 4.300% - 15/Sep/26 841,685 0.03
100,000 Mexico (Govt of ) 1.125% - 17/Jan/30 97,125 0.00
300,000 Mexico (Govt of ) 1.450% - 25/Oct/33 279,480 0.01
1,600,000 Mexico (Govt of ) 1.625% - 6/Mar/24 1,652,000 0.07
300,000 Mexico (Govt of ) 1.750% - 17/Apr/28 311,057 0.01
200,000 Mexico (Govt of ) 2.250% - 12/Aug/36 193,725 0.01
300,000 Mexico (Govt of ) 3.000% - 6/Mar/45 307,566 0.01
300,000 Mexico (Govt of ) 3.375% - 23/Feb/31 342,075 0.01
300,000 Mfb Magyar Fejlesztesi Bank Zrt 0.375% - 9/Jun/26 298,441 0.01
400,000 Ministeries Van de Vlaamse Gemeenschap 0.010% - 23/Jun/27 402,625 0.02
200,000 Ministeries Van de Vlaamse Gemeenschap 0.125% - 15/Oct/35 189,123 0.01
500,000 Ministeries Van de Vlaamse Gemeenschap 0.375% - 15/Apr/30 508,881 0.02
400,000 Ministeries Van de Vlaamse Gemeenschap 1.000% - 23/Jan/51 395,415 0.02
200,000 Nederlandse Waterschapsbank NV 0.000% - 16/Feb/37 185,455 0.01
300,000 Nederlandse Waterschapsbank NV 0.375% - 28/Sep/46 286,258 0.01
300,000 Nederlandse Waterschapsbank NV 0.500% - 29/Apr/30 308,644 0.01
100,000 Nederlandse Waterschapsbank NV 0.500% - 26/Apr/51 98,063 0.00
300,000 Nederlandse Waterschapsbank NV 0.750% - 4/Oct/41 307,741 0.01
300,000 Nederlandse Waterschapsbank NV 1.000% - 1/Mar/28 317,795 0.01
200,000 Nederlandse Waterschapsbank NV 1.250% - 27/May/36 219,524 0.01
300,000 Nederlandse Waterschapsbank NV 1.500% - 15/Jun/39 347,201 0.01
300,000 Nederlandse Waterschapsbank NV 1.625% - 29/Jan/48 374,419 0.02
300,000 Nederlandse Waterschapsbank NV 3.000% - 11/Sep/31 379,610 0.02
2,500,000 Netherlands (Govt of ) 0.000% - 15/Jan/24 2,531,475 0.10
800,000 Netherlands (Govt of ) 0.000% - 15/Jan/29 811,621 0.03
309
(expressed in EUR)

Nominal Value
100,000 Niedersachsen Invest GmbH 0.000% - 16/Jul/25 100,257 0.00
200,000 Nordic Investment Bank 0.125% - 10/Jun/24 202,284 0.01
900,000 NRW Bank 0.250% - 2/Feb/24 911,247 0.04
440,000 OeBB-Infrastruktur AG 2.250% - 28/May/29 506,375 0.02
800,000 OeBB-Infrastruktur AG 3.000% - 24/Oct/33 1,036,490 0.05
1,000,000 OeBB-Infrastruktur AG 3.375% - 18/May/32 1,306,663 0.05
1,100,000 OeBB-Infrastruktur AG 3.875% - 30/Jun/25 1,254,605 0.05
200,000 Ontario Teachers’ Finance Trust 0.050% - 25/Nov/30 193,355 0.01
400,000 Ontario Teachers’ Finance Trust 0.100% - 19/May/28 395,996 0.02
700,000 Peru (Govt of ) 2.750% - 30/Jan/26 772,222 0.03
100,000 Peru (Govt of ) 3.750% - 1/Mar/30 118,855 0.00
100,000 Philippine (Govt of ) 0.250% - 28/Apr/25 99,775 0.00
1,400,000 Philippine (Govt of ) 0.875% - 17/May/27 1,422,215 0.06
200,000 Poland (Govt of ) 0.000% - 10/Feb/25 200,162 0.01
300,000 Poland (Govt of ) 1.000% - 7/Mar/29 316,950 0.01
200,000 Poland (Govt of ) 1.500% - 19/Jan/26 212,233 0.01
750,000 Poland (Govt of ) 2.000% - 25/Oct/46 906,563 0.04
50,000 Poland (Govt of ) 2.000% - 8/Mar/49 60,205 0.00
1,000,000 Poland (Govt of ) 3.375% - 9/Jul/24 1,089,223 0.04
700,000 Portugal (Govt of ) 0.300% - 17/Oct/31 688,695 0.03
550,000 Portugal (Govt of ) 1.000% - 12/Apr/52 500,491 0.02
1,120,000 Portugal (Govt of ) 2.250% - 18/Apr/34 1,331,165 0.05
310
(expressed in EUR)

Nominal Value
500,000 Province of Alberta 0.625% - 18/Apr/25 512,003 0.02
200,000 Province of Alberta 0.625% - 16/Jan/26 205,245 0.01
200,000 Province of British Columbia 0.875% - 8/Oct/25 206,976 0.01
500,000 Province of Ontario 0.010% - 25/Nov/30 483,012 0.02
300,000 Province of Ontario 0.250% - 9/Jun/31 294,334 0.01
1,100,000 Province of Ontario 0.375% - 8/Apr/27 1,116,018 0.04
500,000 Province of Ontario 0.625% - 17/Apr/25 512,321 0.02
300,000 Province of Ontario 1.875% - 21/May/24 315,201 0.01
500,000 Province of Quebec 0.000% - 15/Oct/29 488,100 0.02
400,000 Province of Quebec 0.250% - 5/May/31 393,363 0.02
200,000 Province of Quebec 0.875% - 15/Jan/25 206,259 0.01
300,000 Province of Quebec 0.875% - 5/Jul/28 312,905 0.01
400,000 Regie Autonome des Transports Parisiens 0.350% - 20/Jun/29 404,983 0.02
100,000 Region Ile de France 0.000% - 20/Apr/28 99,776 0.00
980,000 Region Stockholm 0.750% - 26/Feb/25 1,002,834 0.03
200,000 Region Wallonne 0.050% - 22/Jun/25 201,699 0.01
200,000 Region Wallonne 0.650% - 16/Jan/51 172,590 0.01
100,000 Region Wallonne 1.250% - 3/May/34 107,889 0.00
200,000 Romania (Govt of ) 0.700% - 24/Aug/26 199,510 0.01
200,000 Romania (Govt of ) 1.375% - 2/Dec/29 191,691 0.01
430,000 Romania (Govt of ) 1.750% - 13/Jul/30 402,229 0.02
350,000 Romania (Govt of ) 2.000% - 14/Apr/23 319,872 0.01
200,000 Romania (Govt of ) 2.000% - 28/Jan/32 186,145 0.01
200,000 Romania (Govt of ) 2.750% - 26/Feb/26 215,314 0.01
530,000 Romania (Govt of ) 2.875% - 28/Oct/24 565,818 0.02
400,000 Romania (Govt of ) 2.875% - 26/May/28 431,980 0.02
400,000 Romania (Govt of ) 4.125% - 11/Mar/39 429,205 0.02
311
(expressed in EUR)

Nominal Value
300,000 Russia (Govt of ) 1.125% - 20/Nov/27 298,575 0.01
300,000 Russia (Govt of ) 1.850% - 20/Nov/32 298,552 0.01
200,000 Russia (Govt of ) 2.650% - 27/May/36 201,955 0.01
600,000 Russia (Govt of ) 2.875% - 4/Dec/25 645,090 0.03
500,000 Saudi (Govt) 0.000% - 3/Mar/24 499,798 0.02
200,000 Saudi (Govt) 0.750% - 9/Jul/27 204,945 0.01
350,000 Saudi (Govt) 2.000% - 9/Jul/39 370,658 0.01
100,000 SFIL SA 0.050% - 4/Jun/29 99,634 0.00
1,410,000 Slovakia (Govt of ) 0.000% - 13/Nov/23 1,428,055 0.06
1,040,000 Slovakia (Govt of ) 0.375% - 21/Apr/36 1,022,140 0.04
300,000 Slovakia (Govt of ) 0.750% - 9/Apr/30 318,631 0.01
500,000 Slovakia (Govt of ) 1.000% - 12/Jun/28 541,414 0.02
1,780,000 Slovakia (Govt of ) 1.625% - 21/Jan/31 2,054,414 0.08
700,000 Slovakia (Govt of ) 1.875% - 9/Mar/37 827,829 0.03
550,000 Slovakia (Govt of ) 2.000% - 17/Oct/47 700,938 0.03
50,000 Slovakia (Govt of ) 2.250% - 12/Jun/68 69,600 0.00
600,000 Slovakia (Govt of ) 3.000% - 28/Feb/23 627,503 0.03
400,000 Slovakia (Govt of ) 4.350% - 14/Oct/25 477,360 0.02
500,000 Slovenia (Govt of ) 0.000% - 12/Feb/31 482,733 0.02
200,000 Slovenia (Govt of ) 0.125% - 1/Jul/31 195,520 0.01
700,000 Slovenia (Govt of ) 0.275% - 14/Jan/30 701,348 0.03
220,000 Slovenia (Govt of ) 0.488% - 20/Oct/50 193,922 0.01
400,000 Slovenia (Govt of ) 1.000% - 6/Mar/28 425,465 0.02
670,000 Slovenia (Govt of ) 1.750% - 3/Nov/40 778,073 0.03
370,000 Slovenia (Govt of ) 2.125% - 28/Jul/25 403,736 0.02
280,000 Slovenia (Govt of ) 3.125% - 7/Aug/45 410,279 0.02
300,000 Slovenia (Govt of ) 4.625% - 9/Sep/24 342,677 0.01
300,000 SNCF Reseau 0.750% - 25/May/36 302,765 0.01
1,600,000 SNCF Reseau 1.000% - 9/Nov/31 1,690,782 0.06
300,000 SNCF Reseau 1.125% - 25/May/30 321,831 0.01
200,000 SNCF Reseau 2.625% - 29/Dec/25 222,075 0.01
1,200,000 SNCF Reseau 3.125% - 25/Oct/28 1,449,401 0.07
300,000 SNCF Reseau 4.250% - 7/Oct/26 361,992 0.01
200,000 SNCF Reseau 4.375% - 2/Jun/22 204,057 0.01
300,000 SNCF Reseau 4.500% - 30/Jan/24 330,689 0.01
200,000 SNCF SA 1.000% - 19/Jan/61 168,818 0.01
800,000 SNCF SA 1.500% - 2/Feb/29 868,564 0.03
200,000 SNCF SA 4.125% - 19/Feb/25 226,948 0.01
312
(expressed in EUR)

Nominal Value
200,000 SNCF SA 4.625% - 2/Feb/24 220,862 0.01
700,000 Societe du Grand Paris EPIC 0.000% - 25/Nov/30 681,298 0.03
300,000 Societe du Grand Paris EPIC 0.300% - 2/Sep/36 284,456 0.01
700,000 Societe du Grand Paris EPIC 0.700% - 15/Oct/60 594,435 0.02
500,000 Societe du Grand Paris EPIC 1.000% - 18/Feb/70 451,963 0.02
400,000 Societe du Grand Paris EPIC 1.125% - 25/May/34 426,457 0.02
600,000 Societe Fonciere Lyonnaise SA 1.700% - 25/May/50 695,568 0.03
400,000 Societe Nationale SNCF SA 0.875% - 28/Feb/51 352,308 0.01
3,500,000 Spain (Govt of ) 0.000% - 30/Apr/23 3,528,980 0.14
3,500,000 Spain (Govt of ) 0.000% - 31/May/24 3,535,945 0.14
5,100,000 Spain (Govt of ) 0.000% - 31/Jan/25 5,161,506 0.21
4,460,000 Spain (Govt of ) 0.000% - 31/Jan/26 4,488,845 0.18
1,000,000 Spain (Govt of ) 0.000% - 31/Jan/27 1,001,187 0.04
2,510,000 Spain (Govt of ) 0.000% - 31/Jan/28 2,492,982 0.10
3,890,000 Spain (Govt of ) 0.100% - 30/Apr/31 3,753,325 0.15
2,800,000 Spain (Govt of ) 0.250% - 30/Jul/24 2,853,088 0.11
4,960,000 Spain (Govt of ) 0.350% - 30/Jul/23 5,032,317 0.20
1,530,000 Spain (Govt of ) 0.450% - 31/Oct/22 1,544,367 0.06
4,070,000 Spain (Govt of ) 0.500% - 30/Apr/30 4,122,462 0.17
3,730,000 Spain (Govt of ) 0.500% - 31/Oct/31 3,707,609 0.15
4,250,000 Spain (Govt of ) 0.600% - 31/Oct/29 4,358,800 0.18
3,900,000 Spain (Govt of ) 0.800% - 30/Jul/27 4,068,558 0.17
1,830,000 Spain (Govt of ) 0.850% - 30/Jul/37 1,784,085 0.07
1,000,000 Spain (Govt of ) 1.000% - 30/Jul/42 973,860 0.04
3,820,000 Spain (Govt of ) 1.000% - 31/Oct/50 3,468,344 0.14
3,300,000 Spain (Govt of ) 1.200% - 31/Oct/40 3,331,251 0.13
4,100,000 Spain (Govt of ) 1.250% - 31/Oct/30 4,394,237 0.18
4,900,000 Spain (Govt of ) 1.300% - 31/Oct/26 5,241,677 0.21
4,130,000 Spain (Govt of ) 1.400% - 30/Apr/28 4,468,288 0.18
3,660,000 Spain (Govt of ) 1.400% - 30/Jul/28 3,970,771 0.16
5,230,000 Spain (Govt of ) 1.450% - 31/Oct/27 5,656,350 0.23
4,011,000 Spain (Govt of ) 1.450% - 30/Apr/29 4,367,177 0.18
1,000,000 Spain (Govt of ) 1.450% - 31/Oct/71 871,000 0.04
3,900,000 Spain (Govt of ) 1.500% - 30/Apr/27 4,225,767 0.17
6,600,000 Spain (Govt of ) 1.600% - 30/Apr/25 7,032,630 0.28
4,610,000 Spain (Govt of ) 1.850% - 30/Jul/35 5,202,016 0.21
4,080,000 Spain (Govt of ) 1.950% - 30/Apr/26 4,451,035 0.18
6,540,000 Spain (Govt of ) 1.950% - 30/Jul/30 7,408,381 0.30
4,920,000 Spain (Govt of ) 2.150% - 31/Oct/25 5,375,838 0.22
3,880,000 Spain (Govt of ) 2.350% - 30/Jul/33 4,606,103 0.19
3,120,000 Spain (Govt of ) 2.700% - 31/Oct/48 4,096,997 0.16
4,400,000 Spain (Govt of ) 2.750% - 31/Oct/24 4,805,064 0.19
3,350,000 Spain (Govt of ) 2.900% - 31/Oct/46 4,523,371 0.18
2,950,000 Spain (Govt of ) 3.450% - 30/Jul/66 4,441,196 0.18
3,670,000 Spain (Govt of ) 3.800% - 30/Apr/24 4,040,927 0.16
4,390,000 Spain (Govt of ) 4.200% - 31/Jan/37 6,452,246 0.26
3,360,000 Spain (Govt of ) 4.400% - 31/Oct/23 3,667,675 0.15
313
(expressed in EUR)

Nominal Value
3,710,000 Spain (Govt of ) 4.650% - 30/Jul/25 4,372,421 0.18
4,350,000 Spain (Govt of ) 4.700% - 30/Jul/41 7,139,568 0.29
2,770,000 Spain (Govt of ) 4.800% - 31/Jan/24 3,080,157 0.12
3,840,000 Spain (Govt of ) 4.900% - 30/Jul/40 6,378,202 0.26
4,300,000 Spain (Govt of ) 5.150% - 31/Oct/28 5,767,117 0.23
3,030,000 Spain (Govt of ) 5.150% - 31/Oct/44 5,453,424 0.22
3,920,000 Spain (Govt of ) 5.400% - 31/Jan/23 4,175,153 0.17
3,990,000 Spain (Govt of ) 5.750% - 30/Jul/32 6,134,306 0.24
4,600,000 Spain (Govt of ) 5.900% - 30/Jul/26 5,878,478 0.24
4,620,000 Spain (Govt of ) 6.000% - 31/Jan/29 6,538,132 0.26
400,000 State of Brandenburg 0.050% - 1/Jul/31 394,504 0.02
200,000 State of Brandenburg 0.125% - 26/Jan/46 179,084 0.01
100,000 State of Brandenburg 0.300% - 4/Oct/49 92,919 0.00
300,000 State of Brandenburg 0.375% - 29/Jan/35 297,506 0.01
200,000 State of Brandenburg 0.600% - 13/Oct/51 202,179 0.01
1,500,000 State of Bremen 0.010% - 6/Jul/27 1,503,307 0.07
600,000 State of Bremen 0.375% - 22/Feb/24 609,595 0.02
450,000 State of Bremen 0.500% - 6/May/41 442,452 0.02
100,000 State of Bremen 0.550% - 4/Feb/50 98,753 0.00
200,000 State of Bremen 1.200% - 30/Jan/34 218,782 0.01
430,000 State of Bremen 1.875% - 18/Mar/24 451,133 0.02
100,000 State of Hesse 0.000% - 26/Jul/24 100,801 0.00
400,000 State of Hesse 0.000% - 10/Mar/25 402,890 0.02
1,000,000 State of Hesse 0.000% - 14/Apr/26 1,005,459 0.04
200,000 State of Hesse 0.000% - 22/Sep/27 200,335 0.01
350,000 State of Hesse 0.010% - 11/Mar/30 347,078 0.01
1,000,000 State of Hesse 0.125% - 25/Jan/24 1,010,565 0.04
100,000 State of Hesse 0.250% - 10/Jun/25 101,577 0.00
1,750,000 State of Hesse 0.375% - 10/Mar/23 1,769,255 0.08
700,000 State of Hesse 0.375% - 6/Jul/26 715,327 0.03
200,000 State of Hesse 1.750% - 20/Jan/23 204,897 0.01
3,170,000 State of Lower Saxony 0.000% - 2/Aug/24 3,195,477 0.14
1,030,000 State of Lower Saxony 0.000% - 15/Sep/25 1,036,399 0.04
600,000 State of Lower Saxony 0.000% - 10/Jul/26 602,867 0.02
200,000 State of Lower Saxony 0.000% - 11/Feb/27 200,673 0.01
1,200,000 State of Lower Saxony 0.010% - 15/Apr/24 1,210,125 0.05
500,000 State of Lower Saxony 0.010% - 17/Mar/26 502,829 0.02
500,000 State of Lower Saxony 0.010% - 8/Sep/26 502,331 0.02
200,000 State of Lower Saxony 0.125% - 7/Mar/25 202,242 0.01
500,000 State of Lower Saxony 0.125% - 8/Apr/27 504,797 0.02
500,000 State of Lower Saxony 0.125% - 10/Jan/30 500,205 0.02
1,000,000 State of Lower Saxony 2.125% - 11/Oct/23 1,045,702 0.04
200,000 State of North Rhine-Westphalia 0.000% - 15/Jan/29 199,594 0.01
200,000 State of North Rhine-Westphalia 0.000% - 26/Nov/29 198,530 0.01
500,000 State of North Rhine-Westphalia 0.000% - 12/Oct/35 468,947 0.02
350,000 State of North Rhine-Westphalia 0.125% - 4/Jun/31 348,365 0.01
800,000 State of North Rhine-Westphalia 0.200% - 9/Apr/30 805,672 0.03
314
(expressed in EUR)

Nominal Value
400,000 State of North Rhine-Westphalia 0.250% - 13/Mar/26 406,459 0.02
230,000 State of North Rhine-Westphalia 0.375% - 2/Sep/50 216,082 0.01
2,400,000 State of North Rhine-Westphalia 0.625% - 21/Jul/31 2,495,030 0.11
1,000,000 State of North Rhine-Westphalia 0.750% - 16/Aug/41 1,032,507 0.04
500,000 State of North Rhine-Westphalia 0.800% - 30/Jul/49 525,892 0.02
600,000 State of North Rhine-Westphalia 1.250% - 12/May/36 662,898 0.03
200,000 State of North Rhine-Westphalia 1.450% - 16/Feb/43 234,259 0.01
1,000,000 State of North Rhine-Westphalia 1.625% - 24/Oct/30 1,128,572 0.05
200,000 State of Rhineland-Palatinate 0.010% - 16/Jan/23 201,235 0.01
300,000 State of Rhineland-Palatinate 0.010% - 15/Jul/24 302,406 0.01
300,000 State of Rhineland-Palatinate 0.010% - 25/Feb/28 300,144 0.01
600,000 State of Rhineland-Palatinate 0.010% - 21/Jan/31 591,527 0.02
1,100,000 State of Rhineland-Palatinate 0.125% - 1/Mar/23 1,108,813 0.04
250,000 State of Rhineland-Palatinate 1.750% - 5/Sep/22 254,004 0.01
100,000 State of Saarland 0.050% - 5/Nov/40 90,724 0.00
500,000 State of Saxony-Anhalt 0.000% - 1/Apr/25 503,683 0.02
200,000 State of Saxony-Anhalt 0.000% - 10/Mar/31 196,842 0.01
200,000 State of Saxony-Anhalt 0.750% - 29/Jan/29 209,835 0.01
200,000 State of Schleswig-Holstein 0.010% - 16/Jul/25 201,412 0.01
900,000 State of Schleswig-Holstein 0.010% - 22/Oct/26 904,500 0.04
100,000 State of Schleswig-Holstein 0.010% - 1/Apr/27 100,353 0.00
200,000 State of Schleswig-Holstein 0.010% - 26/Nov/29 198,470 0.01
400,000 State of Schleswig-Holstein 0.250% - 27/Feb/26 406,296 0.02
200,000 State of Schleswig-Holstein 0.375% - 8/Feb/27 204,605 0.01
200,000 State of Schleswig-Holstein - H 0.010% - 22/May/30 197,966 0.01
315
(expressed in EUR)

Nominal Value
300,000 Sweden (Govt of ) 0.125% - 24/Apr/23 302,699 0.01
500,000 Unedic Asseo 0.000% - 25/Nov/28 499,452 0.02
200,000 Unedic Asseo 0.000% - 5/Mar/30 197,460 0.01
400,000 Unedic Asseo 0.000% - 19/Nov/30 391,861 0.02
500,000 Unedic Asseo 0.010% - 25/May/31 488,216 0.02
200,000 Unedic Asseo 0.010% - 25/Nov/31 193,783 0.01
1,200,000 Unedic Asseo 0.100% - 25/Nov/26 1,211,664 0.05
600,000 Unedic Asseo 0.100% - 25/May/34 570,323 0.02
2,000,000 Unedic Asseo 0.125% - 25/Nov/24 2,023,584 0.08
1,200,000 Unedic Asseo 0.250% - 24/Nov/23 1,216,624 0.05
1,000,000 Unedic Asseo 0.250% - 16/Jul/35 961,618 0.04
300,000 Unedic Asseo 0.500% - 20/Mar/29 309,611 0.01
400,000 Unedic Asseo 0.500% - 25/May/36 394,204 0.02
400,000 Unedic Asseo 0.625% - 17/Feb/25 412,091 0.02
400,000 Unedic Asseo 0.625% - 3/Mar/26 413,053 0.02
300,000 Unedic Asseo 0.875% - 25/May/28 316,932 0.01
500,000 Unedic Asseo 1.250% - 28/Mar/27 535,218 0.02
400,000 Unedic Asseo 1.250% - 21/Oct/27 431,730 0.02
200,000 Unedic Asseo 1.250% - 25/May/33 218,547 0.01
300,000 Unedic Asseo 1.500% - 20/Apr/32 335,531 0.01
200,000 Unedic Asseo 2.375% - 25/May/24 213,282 0.01
200,000 Xunta de Galicia 0.268% - 30/Jul/28 199,767 0.00
200,000 Xunta de Galicia 1.450% - 30/Apr/29 214,969 0.01
1,874,122,265 75.49
FRF Supranationals, Governments and Local Public Authorities, Debt Instruments
200,000 SNCF SA 8.875% - 11/Aug/23 35,038 0.00
35,038 0.00
Total Supranationals, Governments and Local Public Authorities, Debt Instruments 1,874,157,303 75.49
EUR Bonds
200,000 2i Rete Gas SpA 0.579% - 29/Jan/31 193,091 0.01
500,000 3M Company 1.750% - 15/May/30 549,049 0.02
300,000 A2A SpA 0.625% - 15/Jul/31 290,298 0.01
100,000 A2A SpA 0.625% - 28/Oct/32 96,026 0.00
100,000 A2A SpA 1.000% - 16/Jul/29 102,967 0.00
200,000 A2A SpA 1.000% - 2/Nov/33 198,701 0.01
200,000 Aareal Bank AG 0.250% - 23/Nov/27 196,471 0.01
200,000 Aareal Bank AG 0.375% - 10/Apr/24 201,653 0.01
300,000 ABB Finance BV 0.000% - 19/Jan/30 288,859 0.01
300,000 ABB Finance BV 0.750% - 16/May/24 305,016 0.01
300,000 Abbott Ireland Financing DAC 1.500% - 27/Sep/26 318,762 0.01
200,000 AbbVie Inc. 0.750% - 18/Nov/27 203,401 0.01
100,000 AbbVie Inc. 1.250% - 18/Nov/31 103,986 0.00
300,000 AbbVie Inc. 1.375% - 17/May/24 309,138 0.01
300,000 AbbVie Inc. 2.125% - 1/Jun/29 331,752 0.01
400,000 Abertis Infraestructuras SA 1.125% - 26/Mar/28 405,279 0.02
316
(expressed in EUR)

Nominal Value

200,000 Abertis Infraestructuras SA 1.375% - 20/May/26 207,641 0.01
500,000 Abertis Infraestructuras SA 2.375% - 27/Sep/27 544,220 0.02
400,000 ABN Amro Bank NV 0.500% - 23/Sep/29 395,773 0.02
200,000 ABN Amro Bank NV 1.000% - 16/Apr/25 206,694 0.01
100,000 ABN Amro Bank NV 1.000% - 2/Jun/33 100,619 0.00
200,000 ABN Amro Bank NV 1.250% - 28/May/25 207,344 0.01
200,000 Acea SpA 0.000% - 28/Sep/25 199,229 0.01
200,000 Acea SpA 0.250% - 28/Jul/30 192,669 0.01
100,000 Acea SpA 0.500% - 6/Apr/29 98,961 0.00
1,920,000 Acea SpA 2.625% - 15/Jul/24 2,035,789 0.08
1,050,000 Achmea BV FRN - 4/Apr/43 1,126,805 0.05
100,000 Achmea BV - Perp. FRN - 29/Dec/49 109,062 0.00
400,000 ACS Servicios Comunicaciones y Energia SL 1.875% - 20/Apr/26 420,553 0.02
300,000 Adecco International Financial Services BV 1.000% - 2/Dec/24 307,800 0.01
300,000 Adidas AG 0.000% - 5/Oct/28 297,515 0.01
500,000 Aegon NV FRN - 25/Apr/44 537,963 0.02
200,000 Aeroporti di Roma SpA 1.750% - 30/Jul/31 204,668 0.01
100,000 Aeroports de Paris 1.000% - 5/Jan/29 102,822 0.00
100,000 Aeroports de Paris 1.500% - 24/Jul/23 102,203 0.00
500,000 Aeroports de Paris 1.500% - 7/Apr/25 522,714 0.02
300,000 Aeroports de Paris 2.750% - 2/Apr/30 348,619 0.02
300,000 African Development Bank 0.875% - 24/May/28 315,773 0.01
200,000 Ageas SA/ NV FRN - 24/Nov/51 199,804 0.01
100,000 Ageas SA/ NV FRN - 2/Jul/49 111,121 0.00
300,000 Agence Francaise de Developpement 3.750% - 15/Feb/27 358,813 0.01
200,000 Agence Francaise de Developpement 4.000% - 14/Mar/23 210,683 0.01
200,000 AIB Group plc FRN - 17/Nov/27 198,600 0.01
100,000 Air Liquide Finance SA 0.375% - 27/May/31 100,220 0.00
200,000 Air Liquide Finance SA 0.375% - 20/Sep/33 196,680 0.01
500,000 Air Liquide Finance SA 1.250% - 13/Jun/28 534,892 0.02
200,000 Air Products & Chemicals Inc. 0.500% - 5/May/28 202,241 0.01
400,000 Akelius Residential Property Financing BV 1.125% - 11/Jan/29 394,464 0.02
200,000 Aker BP ASA 1.125% - 12/May/29 199,118 0.01
100,000 Akzo Nobel NV 1.625% - 14/Apr/30 108,057 0.00
200,000 Akzo Nobel NV 1.750% - 7/Nov/24 210,643 0.01
500,000 Akzo Nobel Sweden Finance AB 2.625% - 27/Jul/22 508,810 0.02
400,000 Albemarle New Holding GmbH 1.625% - 25/Nov/28 425,509 0.02
100,000 Ald SA 0.375% - 18/Jul/23 100,775 0.00
200,000 Aliaxis Finance SA 0.875% - 8/Nov/28 196,907 0.01
310,000 Alliander NV - Perp. FRN - 30/Jun/66 320,879 0.01
317
(expressed in EUR)

Nominal Value

200,000 Allianz Finance II BV 0.000% - 22/Nov/26 199,169 0.01
200,000 Allianz Finance II BV 0.500% - 22/Nov/33 195,998 0.01
800,000 Allianz Finance II BV 0.875% - 6/Dec/27 833,380 0.03
700,000 Allianz Finance II BV 1.375% - 21/Apr/31 762,387 0.03
200,000 Allianz SE FRN - 25/Sep/49 199,778 0.01
200,000 Allianz SE FRN - 8/Jul/50 210,270 0.01
600,000 Allianz SE FRN - 17/Oct/42 626,059 0.03
400,000 Allianz SE - Perp. FRN - 29/Sep/49 430,357 0.02
300,000 Allianz SE - Perp. FRN - 31/Dec/49 324,182 0.01
500,000 Alstom SA 0.125% - 27/Jul/27 493,502 0.02
100,000 Altarea Sca 1.750% - 16/Jan/30 98,188 0.00
200,000 Altria Group Inc. 2.200% - 15/Jun/27 213,112 0.01
200,000 Amadeus IT Group SA 1.875% - 24/Sep/28 212,661 0.01
500,000 Amadeus IT Group SA 2.875% - 20/May/27 555,050 0.02
200,000 Amcor Pty Limited 2.750% - 22/Mar/23 207,097 0.01
100,000 America Movil SAB de CV 0.750% - 26/Jun/27 101,411 0.00
550,000 America Movil SAB de CV 1.500% - 10/Mar/24 567,877 0.02
350,000 American Honda Finance Corp. 0.750% - 17/Jan/24 356,280 0.01
400,000 American Honda Finance Corp. 1.950% - 18/Oct/24 422,149 0.02
200,000 American Tower Corp. 0.450% - 15/Jan/27 197,862 0.01
200,000 American Tower Corp. 0.875% - 21/May/29 198,069 0.01
300,000 Anglo American Capital plc 1.625% - 18/Sep/25 312,727 0.01
100,000 Anheuser-Busch Inbev SA 2.000% - 23/Jan/35 110,103 0.00
500,000 Anheuser-Busch InBev SA 3.700% - 2/Apr/40 667,162 0.02
200,000 Anheuser-Busch InBev SA/ NV 1.125% - 1/Jul/27 208,095 0.01
630,000 Anheuser-Busch InBev SA/ NV 1.150% - 22/Jan/27 655,988 0.03
600,000 Anheuser-Busch InBev SA/ NV 1.500% - 18/Apr/30 639,041 0.03
200,000 Anheuser-Busch InBev SA/ NV 1.650% - 28/Mar/31 215,584 0.01
200,000 Anheuser-Busch InBev SA/ NV 3.250% - 24/Jan/33 248,588 0.01
200,000 ANZ New Zealand Int’l Limited 0.200% - 23/Sep/27 198,013 0.01
200,000 AP Moller - Maersk A/S 1.750% - 16/Mar/26 211,980 0.01
200,000 Apple Inc. 0.000% - 15/Nov/25 200,351 0.01
300,000 Apple Inc. 0.500% - 15/Nov/31 301,699 0.01
300,000 Apple Inc. 0.875% - 24/May/25 309,264 0.01
500,000 Apple Inc. 1.000% - 10/Nov/22 506,368 0.02
200,000 Apple Inc. 1.375% - 17/Jan/24 207,310 0.01
300,000 Apple Inc. 1.625% - 10/Nov/26 322,737 0.01
318
(expressed in EUR)

Nominal Value

200,000 Apple Inc. 2.000% - 17/Sep/27 220,631 0.01
100,000 APRR SA 0.125% - 18/Jan/29 98,507 0.00
800,000 APRR SA 1.125% - 9/Jan/26 832,821 0.03
400,000 APRR SA 1.500% - 17/Jan/33 433,451 0.02
630,000 APT Pipelines Limited 2.000% - 22/Mar/27 673,046 0.03
300,000 APT Pipelines Limited 2.000% - 15/Jul/30 318,203 0.01
1,010,000 Aptiv plc 1.500% - 10/Mar/25 1,048,332 0.05
350,000 Aquarius & Investments plc for Zurich Insurance Company Limited FRN - 2/Oct/43 374,811 0.02
600,000 Argentum Netherlands BV for Givaudan SA 2.000% - 17/Sep/30 670,518 0.03
300,000 Argentum Netherlands BV for Swiss Life AG - Perp. FRN - 29/Dec/49 333,656 0.01
200,000 Argentum Netherlands BV for Zurich Insurance Company Limited FRN - 1/Oct/46 223,640 0.01
200,000 Arion Banki hf 0.375% - 14/Jul/25 197,729 0.01
200,000 Arkema SA 0.125% - 14/Oct/26 200,386 0.01
400,000 Arkema SA 1.500% - 20/Jan/25 417,517 0.02
400,000 Aroundtown SA 0.000% - 16/Jul/26 390,465 0.02
600,000 Aroundtown SA 1.000% - 7/Jan/25 612,564 0.03
500,000 Aroundtown SA 1.625% - 31/Jan/28 518,819 0.02
100,000 Aroundtown SA - Perp. FRN - 12/Jan/68 101,514 0.00
200,000 Arval Service Lease 0.000% - 30/Sep/24 200,085 0.01
200,000 Asahi Group Holdings Limited 0.155% - 23/Oct/24 200,610 0.01
200,000 Asahi Group Holdings Limited 0.541% - 23/Oct/28 199,353 0.01
200,000 ASB Finance Limited 0.250% - 8/Sep/28 195,450 0.01
500,000 ASB Finance Limited 0.500% - 10/Jun/22 502,277 0.02
500,000 ASML Holding NV 0.625% - 7/May/29 511,034 0.02
300,000 ASR Nederland NV FRN - 29/Sep/45 348,011 0.01
100,000 Asset Management Company SpA 0.750% - 20/Apr/28 97,219 0.00
200,000 Asset Management Company SpA 1.375% - 27/Jan/25 205,058 0.01
400,000 Asset Management Company SpA 1.500% - 17/Jul/23 409,083 0.02
100,000 Asset Management Company SpA 2.250% - 17/Jul/27 106,320 0.00
300,000 Assicurazioni Generali SpA 4.125% - 4/May/26 344,128 0.01
200,000 Assicurazioni Generali SpA 5.000% - 8/Jun/48 239,887 0.01
1,150,000 Assicurazioni Generali SpA 5.125% - 16/Sep/24 1,317,253 0.05
300,000 ASTM SpA 1.500% - 25/Jan/30 296,114 0.01
200,000 Astrazeneca plc 0.375% - 3/Jun/29 199,706 0.00
200,000 AT&T Inc. 0.250% - 4/Mar/26 199,581 0.01
400,000 AT&T Inc. 0.800% - 4/Mar/30 398,889 0.02
810,000 AT&T Inc. 1.300% - 5/Sep/23 826,995 0.03
300,000 AT&T Inc. 1.450% - 1/Jun/22 300,869 0.01
600,000 AT&T Inc. 1.600% - 19/May/28 634,848 0.03
400,000 AT&T Inc. 1.800% - 5/Sep/26 425,031 0.02
1,000,000 AT&T Inc. 2.350% - 5/Sep/29 1,113,745 0.05
1,500,000 AT&T Inc. 2.400% - 15/Mar/24 1,571,062 0.07
319
(expressed in EUR)

Nominal Value

200,000 AT&T Inc. 2.450% - 15/Mar/35 221,495 0.01
400,000 AT&T Inc. 3.150% - 4/Sep/36 476,757 0.02
100,000 AT&T Inc. 3.375% - 15/Mar/34 122,417 0.00
200,000 AT&T Inc. 3.550% - 17/Dec/32 246,992 0.01
740,000 Aurizon Network Pty Limited 2.000% - 18/Sep/24 777,894 0.03
100,000 Ausnet Services Holding FRN - 11/Mar/81 100,533 0.00
300,000 Ausnet Services Holdings Pty Limited 1.500% - 26/Feb/27 316,651 0.01
200,000 Australia & New Zealand Banking Group Limited FRN - 5/May/31 197,115 0.01
400,000 Australia & New Zealand Banking Group Limited 0.750% - 29/Sep/26 410,682 0.02
200,000 Autobahnen-und Schnellstrassen-Finanzierungs-AG 2.750% - 11/Jun/32 249,486 0.01
800,000 Autoroutes du Sud de la France SA 1.250% - 18/Jan/27 841,487 0.03
600,000 Autoroutes du Sud de la France SA 1.375% - 22/Jan/30 646,094 0.03
600,000 Avery Dennison Corp. 1.250% - 3/Mar/25 620,255 0.02
300,000 Aviva plc FRN - 4/Dec/45 328,913 0.01
140,000 Aviva plc FRN - 3/Jul/44 151,480 0.01
200,000 AXA SA FRN - 7/Oct/41 195,856 0.01
300,000 AXA SA FRN - 28/May/49 336,951 0.01
550,000 AXA SA FRN - 6/Jul/47 616,967 0.02
1,000,000 AXA SA FRN - 4/Jul/43 1,076,473 0.04
300,000 Balder Finland Oyj 1.000% - 20/Jan/29 290,968 0.01
200,000 Balder Finland Oyj 1.375% - 24/May/30 196,130 0.01
200,000 Banco Bilbao Vizcaya Argentaria SA 0.375% - 2/Oct/24 201,533 0.01
500,000 Banco Bilbao Vizcaya Argentaria SA 0.500% - 14/Jan/27 497,377 0.02
200,000 Banco Bilbao Vizcaya Argentaria SA 0.750% - 4/Jun/25 203,877 0.01
1,100,000 Banco Bilbao Vizcaya Argentaria SA 1.375% - 14/May/25 1,142,130 0.05
200,000 Banco Bilbao Vizcaya Argentaria SA 3.500% - 10/Feb/27 225,388 0.01
200,000 Banco de Sabadell SA 0.875% - 22/Jul/25 202,243 0.01
400,000 Banco de Sabadell SA FRN - 11/Mar/27 407,570 0.02
200,000 Banco Santander SA 0.200% - 11/Feb/28 196,612 0.01
600,000 Banco Santander SA 0.500% - 4/Feb/27 597,744 0.02
200,000 Banco Santander SA 1.000% - 4/Nov/31 198,823 0.01
300,000 Banco Santander SA 1.125% - 17/Jan/25 308,589 0.01
400,000 Banco Santander SA 1.625% - 22/Oct/30 404,737 0.02
400,000 Banco Santander SA 2.500% - 18/Mar/25 425,791 0.02
500,000 Banco Santander SA 3.250% - 4/Apr/26 552,046 0.02
200,000 Bank Julius Baer 0.000% - 25/Jun/24 199,963 0.01
200,000 Bank of America Corp. FRN - 8/Aug/29 198,528 0.01
200,000 Bank of America Corp. FRN - 24/Aug/28 199,851 0.01
250,000 Bank of America Corp. FRN - 26/Oct/31 244,003 0.01
500,000 Bank of America Corp. FRN - 22/Mar/31 493,437 0.02
200,000 Bank of America Corp. FRN - 24/May/32 201,951 0.01
600,000 Bank of America Corp. FRN - 9/May/30 626,766 0.03
790,000 Bank of America Corp. 1.625% - 14/Sep/22 801,696 0.03
460,000 Bank of America Corp. 1.776% - 4/May/27 487,072 0.02
320
(expressed in EUR)

Nominal Value

100,000 Bank of Ireland Group plc FRN - 8/Jul/24 101,112 0.00
200,000 Bank of Ireland Group plc FRN - 25/Nov/25 204,051 0.01
250,000 Bank of Ireland Group plc 1.375% - 29/Aug/23 255,770 0.01
200,000 Bank of Nova Scotia 0.125% - 4/Sep/26 198,597 0.01
100,000 Bankinter SA 0.625% - 6/Oct/27 99,819 0.00
300,000 Bankinter SA 0.875% - 8/Jul/26 304,661 0.01
200,000 Bankinter SA FRN - 23/Dec/32 198,413 0.01
300,000 Banque Federative du Credit Mutuel SA 0.010% - 11/May/26 296,780 0.01
1,600,000 Banque Federative du Credit Mutuel SA 0.125% - 5/Feb/24 1,608,003 0.05
300,000 Banque Federative du Credit Mutuel SA 0.250% - 29/Jun/28 296,001 0.01
400,000 Banque Federative du Credit Mutuel SA 0.625% - 3/Nov/28 399,629 0.02
200,000 Banque Federative du Credit Mutuel SA 0.625% - 21/Feb/31 197,128 0.01
200,000 Banque Federative du Credit Mutuel SA 1.250% - 14/Jan/25 207,280 0.01
400,000 Banque Federative du Credit Mutuel SA 1.750% - 15/Mar/29 430,522 0.02
400,000 Banque Federative du Credit Mutuel SA 3.000% - 11/Sep/25 436,965 0.02
400,000 Banque Federative du Credit Mutuel SA 3.250% - 23/Aug/22 409,659 0.02
500,000 Barclays Bank plc 6.625% - 30/Mar/22 507,832 0.02
200,000 Barclays plc FRN - 12/May/32 198,668 0.01
400,000 Barclays plc FRN - 22/Mar/31 399,842 0.02
380,000 Barclays plc FRN - 24/Jan/26 392,501 0.02
200,000 Barclays plc FRN - 7/Feb/28 203,703 0.01
300,000 Barclays plc FRN - 2/Apr/25 321,915 0.01
800,000 BASF SE 0.250% - 5/Jun/27 807,559 0.03
300,000 BASF SE 0.875% - 15/Nov/27 312,776 0.01
90,000 BASF SE 0.875% - 6/Oct/31 93,878 0.00
70,000 BASF SE 1.625% - 15/Nov/37 78,502 0.00
300,000 BASF SE 2.000% - 5/Dec/22 306,824 0.01
300,000 BAT Capital Corp. 1.125% - 16/Nov/23 305,361 0.01
200,000 BAT International Finance plc 2.000% - 13/Mar/45 191,963 0.01
200,000 BAT Netherlands Finance BV 3.125% - 7/Apr/28 222,685 0.01
100,000 Bawag PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG 0.375% 99,426 0.00
- 3/Sep/27
400,000 Bayer AG 0.375% - 6/Jul/24 403,849 0.02
200,000 Bayer AG 0.750% - 6/Jan/27 202,697 0.01
200,000 Bayer AG 1.000% - 12/Jan/36 189,063 0.01
400,000 Bayer AG 1.125% - 6/Jan/30 410,288 0.02
400,000 Bayer AG 1.375% - 6/Jul/32 410,625 0.02
321
(expressed in EUR)

Nominal Value

200,000 Bayer Capital Corp BV 1.500% - 26/Jun/26 209,891 0.01
400,000 Bayer Capital Corp. BV 2.125% - 15/Dec/29 439,665 0.02
200,000 Bayer Capital Corporation BV 1.250% - 13/Nov/23 204,733 0.01
200,000 Bayerische Landesbank 0.125% - 10/Feb/28 196,540 0.01
200,000 Bayerische Landesbank FRN - 23/Sep/31 199,174 0.01
200,000 Bayerische Landesbank FRN - 22/Nov/32 200,782 0.01
1,560,000 Bayerische Landesbodenkreditanstalt 1.750% - 24/Apr/24 1,633,109 0.06
200,000 Becton Dickinson and Company 1.900% - 15/Dec/26 214,189 0.01
500,000 Becton Dickinson Euro Finance Sarl 1.208% - 4/Jun/26 517,595 0.02
100,000 Belfius Bank SA 0.000% - 28/Aug/26 98,783 0.00
200,000 Belfius Bank SA FRN - 6/Apr/34 196,762 0.01
500,000 Belfius Bank SA 3.125% - 11/May/26 551,408 0.02
100,000 Berkshire Hathaway Inc. 0.750% - 16/Mar/23 101,051 0.00
1,355,000 Berkshire Hathaway Inc. 1.300% - 15/Mar/24 1,392,753 0.07
100,000 Berlin Hyp AG 0.375% - 21/Apr/31 99,355 0.00
200,000 Berlin Hyp AG 0.500% - 5/Nov/29 202,386 0.01
400,000 Berlin Hyp AG 1.000% - 5/Feb/26 414,265 0.02
300,000 Bertelsmann SE & Company KGaA 2.000% - 1/Apr/28 328,582 0.01
170,000 Bg Energy Capital plc 1.250% - 21/Nov/22 171,809 0.01
300,000 BHP Billiton Finance Limited 1.500% - 29/Apr/30 317,467 0.01
300,000 BHP Billiton Finance Limited 3.250% - 24/Sep/27 348,201 0.01
200,000 Blackstone Property Partners Europe Holdings Sarl 0.125% - 20/Oct/23 199,764 0.01
100,000 Blackstone Property Partners Europe Holdings Sarl 0.500% - 12/Sep/23 100,550 0.00
100,000 Blackstone Property Partners Europe Holdings Sarl 1.000% - 4/May/28 97,697 0.00
300,000 Blackstone Property Partners Europe Holdings Sarl 1.250% - 26/Apr/27 302,704 0.02
100,000 Blackstone Property Partners Europe Holdings Sarl 1.750% - 12/Mar/29 101,800 0.01
200,000 BMW Finance NV 0.000% - 24/Mar/23 200,878 0.01
560,000 BMW Finance NV 0.000% - 14/Apr/23 562,423 0.02
200,000 BMW Finance NV 0.200% - 11/Jan/33 191,506 0.01
300,000 BMW Finance NV 0.375% - 24/Sep/27 303,955 0.01
90,000 BMW Finance NV 0.750% - 12/Jul/24 92,002 0.00
830,000 BMW Finance NV 1.125% - 22/May/26 868,874 0.03
400,000 BMW Finance NV 1.500% - 6/Feb/29 436,210 0.02
300,000 BMW US Capital LLC 1.000% - 20/Apr/27 314,163 0.01
300,000 BNG Bank NV 0.050% - 11/Jul/23 302,412 0.01
300,000 BNG Bank NV 0.250% - 7/May/25 304,807 0.01
300,000 BNG Bank NV 0.500% - 16/Apr/25 307,235 0.01
300,000 BNG Bank NV 0.625% - 19/Jun/27 311,355 0.01
400,000 BNG Bank NV 0.750% - 24/Jan/29 419,252 0.02
322
(expressed in EUR)

Nominal Value

200,000 BNG Bank NV 1.500% - 15/Jul/39 232,198 0.01
980,000 BNP Paribas 1.125% - 15/Jan/23 995,925 0.04
200,000 BNP Paribas 1.500% - 17/Nov/25 209,899 0.01
200,000 BNP Paribas 1.500% - 25/May/28 215,015 0.01
440,000 BNP Paribas 2.375% - 17/Feb/25 468,690 0.02
350,000 BNP Paribas FRN - 14/Oct/27 357,124 0.01
200,000 BNP Paribas 2.750% - 27/Jan/26 217,850 0.01
400,000 BNP Paribas 2.875% - 24/Oct/22 411,198 0.02
300,000 BNP Paribas 2.875% - 26/Sep/23 316,426 0.01
100,000 BNP Paribas - Perp. FRN - 31/Dec/49 112,076 0.00
200,000 BNP Paribas SA 0.125% - 4/Sep/26 198,456 0.01
200,000 BNP Paribas SA FRN - 13/Apr/27 197,857 0.01
400,000 BNP Paribas SA FRN - 14/Oct/27 397,544 0.02
200,000 BNP Paribas SA FRN - 15/Jul/25 202,166 0.01
200,000 BNP Paribas SA 0.500% - 30/May/28 198,787 0.01
400,000 BNP Paribas SA 0.625% - 3/Dec/32 385,426 0.02
1,400,000 BNP Paribas SA 1.125% - 11/Jun/26 1,451,407 0.05
200,000 BNP Paribas SA FRN - 17/Apr/29 204,520 0.01
400,000 BNP Paribas SA 1.625% - 2/Jul/31 411,895 0.02
400,000 BNP Paribas SA FRN - 23/Jan/27 426,828 0.02
600,000 Booking Holdings Inc. 1.800% - 3/Mar/27 643,497 0.02
200,000 Borgwarner Inc. 1.000% - 19/May/31 197,155 0.01
500,000 Boston Scientific Corp. 0.625% - 1/Dec/27 499,735 0.02
400,000 Bouygues SA 1.125% - 24/Jul/28 418,126 0.02
1,000,000 Bouygues SA 3.625% - 16/Jan/23 1,042,370 0.05
200,000 BP Capital Markets BV 0.933% - 4/Dec/40 180,623 0.01
200,000 BP Capital Markets BV 1.467% - 21/Sep/41 195,712 0.01
600,000 BP Capital Markets plc 1.231% - 8/May/31 621,586 0.03
200,000 BP Capital Markets plc 1.573% - 16/Feb/27 212,323 0.01
300,000 BP Capital Markets plc 1.637% - 26/Jun/29 319,809 0.01
300,000 BP Capital Markets plc 2.519% - 7/Apr/28 336,871 0.01
600,000 BP Capital Markets plc - Perp. FRN - 22/Jun/69 636,653 0.03
600,000 BPCE SA 0.250% - 15/Jan/26 599,509 0.02
300,000 BPCE SA 0.250% - 14/Jan/31 287,523 0.01
200,000 BPCE SA FRN - 15/Sep/27 199,445 0.01
200,000 BPCE SA 0.750% - 3/Mar/31 199,141 0.01
100,000 BPCE SA 0.875% - 31/Jan/24 101,944 0.00
200,000 BPCE SA 1.000% - 15/Jul/24 205,346 0.01
200,000 BPCE SA 1.000% - 1/Apr/25 205,489 0.01
300,000 BPCE SA 1.000% - 5/Oct/28 311,185 0.01
500,000 BPCE SA 1.125% - 14/Dec/22 507,668 0.02
400,000 BPCE SA 1.625% - 31/Jan/28 424,870 0.02
323
(expressed in EUR)

Nominal Value

1,000,000 BPCE SA 2.875% - 16/Jan/24 1,065,138 0.04
300,000 BPCE SA 2.875% - 22/Apr/26 329,498 0.01
100,000 BPCE SA 3.000% - 19/Jul/24 108,030 0.00
730,000 Brenntag Finance BV 1.125% - 27/Sep/25 753,524 0.03
100,000 Bright Food Singapore Holdings Pte Limited 1.750% - 22/Jul/25 103,231 0.00
400,000 Brisa Concessao Rodoviaria SA 1.875% - 30/Apr/25 420,222 0.02
200,000 Brisa Concessao Rodoviaria SA 2.375% - 10/May/27 220,809 0.01
400,000 Bristol-Myers Squibb Company 1.750% - 15/May/35 445,869 0.02
360,000 British Telecommunications plc 0.500% - 23/Jun/22 360,525 0.01
100,000 British Telecommunications plc 0.500% - 12/Sep/25 100,516 0.00
300,000 British Telecommunications plc 1.000% - 21/Nov/24 305,560 0.01
300,000 British Telecommunications plc 1.125% - 10/Mar/23 304,315 0.01
300,000 British Telecommunications plc 1.750% - 10/Mar/26 313,044 0.01
100,000 CA Immobilien Anlagen AG 0.875% - 5/Feb/27 98,082 0.00
100,000 CA Immobilien Anlagen AG 1.000% - 27/Oct/25 99,906 0.00
300,000 Cadent Finance plc 0.625% - 19/Mar/30 295,371 0.01
100,000 Caisse Centrale du Credit Immobilier de France SA 0.000% - 22/Jan/23 100,475 0.00
700,000 Caisse Centrale du Credit Immobilier de France SA 0.000% - 17/Jan/24 705,023 0.03
700,000 Caisse des Depots et Consignations 0.010% - 15/Sep/25 707,331 0.03
100,000 Caisse Nationale de Reassurance Mutuelle Agricole Groupama 2.125% - 16/Sep/29 103,485 0
300,000 Caixabank SA FRN - 9/Feb/29 294,112 0.01
500,000 Caixabank SA 1.125% - 17/May/24 512,217 0.02
500,000 Caixabank SA FRN - 17/Apr/30 520,058 0.02
400,000 CaixaBank SA FRN - 18/Nov/26 398,221 0.02
200,000 CaixaBank SA 0.625% - 1/Oct/24 202,499 0.01
200,000 CaixaBank SA 0.750% - 9/Jul/26 203,452 0.01
200,000 CaixaBank SA FRN - 10/Jul/26 203,297 0.01
400,000 CaixaBank SA FRN - 26/May/28 399,564 0.02
200,000 CaixaBank SA 1.125% - 27/Mar/26 206,655 0.01
500,000 CaixaBank SA 1.125% - 12/Nov/26 511,816 0.02
200,000 CaixaBank SA 1.375% - 19/Jun/26 207,038 0.01
200,000 CaixaBank SA 2.375% - 1/Feb/24 209,504 0.01
500,000 Capgemini SE 2.000% - 15/Apr/29 551,120 0.02
500,000 Capgemini SE 2.375% - 15/Apr/32 573,741 0.02
300,000 Capital One Financial Corp. 1.650% - 12/Jun/29 314,336 0.01
300,000 Carlsberg Breweries AS 0.625% - 9/Mar/30 299,700 0.01
200,000 Carmila SA 1.625% - 30/May/27 205,274 0.01
700,000 Carrefour SA 0.750% - 26/Apr/24 710,360 0.03
200,000 Castellum Helsinki Finance Holding Abp 0.875% - 17/Sep/29 193,451 0.01
400,000 CCEP Finance Ireland Dac 0.000% - 6/Sep/25 396,819 0.02
200,000 CCEP Finance Ireland Dac 0.875% - 6/May/33 196,917 0.01
100,000 CCEP Finance Ireland Dac 1.500% - 6/May/41 100,051 0.00
800,000 Celanese USA Holdings 1.250% - 11/Feb/25 820,695 0.03
324
(expressed in EUR)

Nominal Value

200,000 Celanese USA Holdings 2.125% - 1/Mar/27 213,399 0.01
100,000 Cepsa Finance SA 2.250% - 13/Feb/26 106,114 0.00
200,000 Ceske Drahy AS 1.875% - 25/May/23 205,108 0.01
500,000 CEZ AS 0.875% - 2/Dec/26 510,398 0.02
700,000 Chubb INA Holdings Inc. 0.875% - 15/Jun/27 716,927 0.03
150,000 Chubb INA Holdings Inc. 2.500% - 15/Mar/38 176,172 0.01
1,500,000 Citigroup Inc. FRN - 8/Oct/27 1,500,992 0.05
300,000 Citigroup Inc. FRN - 6/Jul/26 310,254 0.01
400,000 Citigroup Inc. 1.250% - 10/Apr/29 416,109 0.02
200,000 Citigroup Inc. FRN - 24/Jul/26 208,737 0.01
1,100,000 Citigroup Inc. 1.750% - 28/Jan/25 1,155,675 0.05
700,000 Citigroup Inc. 2.375% - 22/May/24 740,580 0.03
200,000 Citycon Treasury BV 2.375% - 15/Jan/27 209,035 0.01
670,000 CK Hutchison Europe Finance 2.000% - 13/Apr/30 726,849 0.03
600,000 CK Hutchison Finance 0.875% - 3/Oct/24 612,662 0.02
350,000 CK Hutchison Finance 16 Limited 2.000% - 6/Apr/28 379,911 0.02
1,150,000 Ck Hutchison Group Telecom Finance SA 1.125% - 17/Oct/28 1,168,263 0.06
460,000 CNAC HK Finbridge Company Limited 1.750% - 14/Jun/22 463,474 0.02
200,000 CNH Industrial Finance Europe SA 1.625% - 3/Jul/29 210,027 0.01
500,000 CNH Industrial Finance Europe SA 1.750% - 12/Sep/25 523,545 0.02
200,000 CNP Assurances 0.375% - 8/Mar/28 193,153 0.01
300,000 CNP Assurances FRN - 27/Jul/50 310,984 0.01
200,000 CNP Assurances FRN - 30/Jun/51 212,089 0.01
200,000 Coca-Cola Company 0.125% - 15/Mar/29 195,725 0.01
100,000 Coca-Cola Company 0.400% - 6/May/30 98,709 0.00
100,000 Coca-Cola Company 0.950% - 6/May/36 99,122 0.00
580,000 Coca-Cola Company 1.100% - 2/Sep/36 592,020 0.02
600,000 Coca-Cola Enterprises Inc. 1.875% - 18/Mar/30 654,232 0.03
200,000 Coca-Cola Europacific Partners Plc 0.200% - 2/Dec/28 194,343 0.01
100,000 Coca-Cola Europacific Partners Plc 0.700% - 12/Sep/31 98,800 0.00
400,000 Coca-Cola HBC Finance BV 1.625% - 14/May/31 426,855 0.02
500,000 Coentreprise de Transport d’Electricite SA 2.125% - 29/Jul/32 561,475 0.02
600,000 Comcast Corp. 0.250% - 20/May/27 596,432 0.02
300,000 Comcast Corp. 0.750% - 20/Feb/32 299,588 0.01
1,000,000 Commerzbank AG 0.500% - 4/Dec/26 1,009,368 0.04
600,000 Commerzbank AG 0.625% - 28/Aug/24 608,593 0.02
200,000 Commerzbank AG 0.875% - 22/Jan/27 201,493 0.01
300,000 Commerzbank AG 1.000% - 4/Mar/26 308,582 0.01
300,000 Commerzbank AG 1.500% - 28/Aug/28 321,665 0.01
300,000 Commonwealth Bank of Australia FRN - 3/Oct/29 311,791 0.01
325
(expressed in EUR)

Nominal Value

400,000 Compagnie de Saint-Gobain 1.875% - 15/Mar/31 443,260 0.02
700,000 Compagnie de Saint-Gobain 2.375% - 4/Oct/27 779,681 0.04
2,000,000 Compagnie Financiere et Industrielle des Autoroutes SA 0.375% - 7/Feb/25 2,025,181 0.08
200,000 Compagnie Financiere et Industrielle des Autoroutes SA 1.000% - 19/May/31 209,020 0.01
500,000 Compagnie Generale des Etablissements Michelin SCA 1.750% - 3/Sep/30 556,266 0.03
500,000 Compass Group plc 1.875% - 27/Jan/23 512,177 0.02
100,000 Computershare USA Inc. 1.125% - 7/Oct/31 97,200 0.00
300,000 Conti-Gummi Finance BV 1.125% - 25/Sep/24 307,858 0.01
100,000 Continental AG 0.000% - 12/Sep/23 100,212 0.00
100,000 Continental AG 0.375% - 27/Jun/25 100,618 0.00
400,000 Continental AG 2.500% - 27/Aug/26 438,429 0.02
500,000 Cooperatieve Rabobank UA 0.500% - 6/Dec/22 504,630 0.02
100,000 Cooperatieve Rabobank UA 0.625% - 25/Feb/33 98,635 0.00
200,000 Cooperatieve Rabobank UA FRN - 5/May/28 204,930 0.01
900,000 Cooperatieve Rabobank UA 1.125% - 7/May/31 948,132 0.04
300,000 Covivio 1.625% - 23/Jun/30 317,385 0.01
200,000 Cpi Property Group SA 1.500% - 27/Jan/31 192,391 0.01
300,000 CPI Property Group SA 2.750% - 12/May/26 322,596 0.01
200,000 Crcc Hean Limited 0.875% - 20/May/26 200,732 0.01
300,000 Credit Agricole 1.250% - 14/Apr/26 313,950 0.01
200,000 Credit Agricole 1.875% - 20/Dec/26 215,126 0.01
850,000 Credit Agricole 2.625% - 17/Mar/27 931,096 0.04
200,000 Credit Agricole 3.125% - 5/Feb/26 225,524 0.01
200,000 Credit Agricole Assurances SA 1.500% - 6/Oct/31 197,333 0.01
200,000 Credit Agricole Assurances SA 2.000% - 17/Jul/30 207,044 0.01
300,000 Credit Agricole Assurances SA FRN - 29/Jan/48 320,456 0.01
100,000 Credit Agricole Assurances SA 4.750% - 27/Sep/48 120,532 0.00
200,000 Credit Agricole Assurances SA - Perp. FRN - 13/Jan/67 219,758 0.01
500,000 Credit Agricole London 1.375% - 3/May/27 528,545 0.02
200,000 Credit Agricole SA 0.125% - 9/Dec/27 195,714 0.01
200,000 Credit Agricole SA 0.375% - 20/Apr/28 197,226 0.01
700,000 Credit Agricole SA FRN - 22/Apr/26 717,794 0.03
200,000 Credit Agricole SA 1.000% - 3/Jul/29 207,893 0.01
1,200,000 Credit Agricole SA 1.375% - 13/Mar/25 1,248,474 0.04
500,000 Credit Agricole SA 1.750% - 5/Mar/29 538,395 0.02
200,000 Credit Agricole SA 2.000% - 25/Mar/29 212,838 0.01
100,000 Credit Mutuel Arkea SA 0.010% - 28/Jan/26 98,913 0.00
100,000 Credit Mutuel Arkea SA 0.875% - 7/May/27 102,533 0.00
200,000 Credit Mutuel Arkea SA 0.875% - 25/Oct/31 199,757 0.01
1,200,000 Credit Mutuel Arkea SA 1.000% - 26/Jan/23 1,217,688 0.05
400,000 Credit Mutuel Arkea SA 1.125% - 23/May/29 417,327 0.02
300,000 Credit Mutuel Arkea SA 3.250% - 1/Jun/26 333,072 0.01
200,000 Credit Mutuel Arkea SA 3.375% - 11/Mar/31 236,128 0.01
200,000 Credit Suisse AG 0.250% - 5/Jan/26 199,546 0.01
326
(expressed in EUR)

Nominal Value

400,000 Credit Suisse AG 0.250% - 1/Sep/28 388,199 0.02
510,000 Credit Suisse AG 1.500% - 10/Apr/26 534,521 0.02
300,000 Credit Suisse Group AG 0.625% - 18/Jan/33 280,540 0.01
200,000 Credit Suisse Group AG FRN - 14/Jan/28 198,304 0.01
200,000 Credit Suisse Group AG 0.650% - 10/Sep/29 195,543 0.01
400,000 Credit Suisse Group AG FRN - 2/Apr/26 435,465 0.02
400,000 Credit Suisse Group Funding Guernsey Limited 1.250% - 14/Apr/22 401,935 0.02
400,000 CRH Finance DAC 1.375% - 18/Oct/28 422,358 0.02
400,000 CRH Funding BV 1.625% - 5/May/30 429,209 0.02
100,000 Criteria Caixa SA 0.875% - 28/Oct/27 100,857 0.00
600,000 Criteria Caixa SAU 1.625% - 21/Apr/22 603,623 0.02
200,000 Cromwell EREIT Lux Finco Sarl 2.125% - 19/Nov/25 205,329 0.01
200,000 CTP NV 0.500% - 21/Jun/25 199,456 0.01
400,000 CTP NV 0.625% - 27/Sep/26 395,549 0.02
100,000 CTP NV 1.500% - 27/Sep/31 97,145 0.00
100,000 Czech Gas Networks Investments Sarl 1.000% - 16/Jul/27 102,863 0.00
2,100,000 Daimler AG 0.000% - 8/Feb/24 2,106,933 0.09
100,000 Daimler AG 0.750% - 8/Feb/30 102,732 0.00
2,040,000 Daimler AG 0.850% - 28/Feb/25 2,098,014 0.09
200,000 Daimler AG 1.000% - 15/Nov/27 209,443 0.01
510,000 Daimler AG 1.375% - 11/May/28 547,182 0.03
440,000 Daimler AG 1.500% - 3/Jul/29 478,239 0.02
200,000 Daimler AG 2.000% - 22/Aug/26 217,588 0.01
330,000 Daimler AG 2.125% - 3/Jul/37 384,470 0.02
400,000 Daimler International Finance BV 0.250% - 6/Nov/23 403,036 0.02
900,000 Daimler International Finance BV 0.625% - 6/May/27 922,418 0.04
820,000 Daimler International Finance BV 1.000% - 11/Nov/25 851,020 0.03
250,000 Daimler International Finance BV 1.500% - 9/Feb/27 266,962 0.01
500,000 Danaher Corp. 1.700% - 30/Mar/24 519,609 0.02
400,000 Danaher Corp. 2.100% - 30/Sep/26 433,632 0.02
100,000 Danfoss Finance I BV 0.125% - 28/Apr/26 99,274 0.00
100,000 Danfoss Finance I BV 0.375% - 28/Oct/28 98,515 0.00
100,000 Danfoss Finance II BV 0.750% - 28/Apr/31 98,798 0.00
500,000 Danone SA 0.571% - 17/Mar/27 510,828 0.02
400,000 Danone SA 1.208% - 3/Nov/28 425,448 0.02
300,000 Danone SA - Perp. FRN - 23/Jun/66 305,219 0.01
400,000 Danske Bank AS FRN - 10/Nov/24 400,403 0.02
100,000 Dassault Systemes SE 0.000% - 16/Sep/24 100,239 0.00
300,000 De Volksbank NV FRN - 22/Oct/30 311,085 0.01
200,000 Deutsche Bahn Finance BV 2.000% - 20/Feb/23 205,537 0.01
700,000 Deutsche Bahn Finance BV 2.750% - 19/Mar/29 829,625 0.03
700,000 Deutsche Bahn Finance BV 3.750% - 9/Jul/25 795,642 0.03
200,000 Deutsche Bahn Finance GmbH 0.625% - 8/Dec/50 173,820 0.01
200,000 Deutsche Bahn Finance GmbH 0.875% - 23/Jun/39 195,267 0.01
200,000 Deutsche Bahn Finance GmbH 1.125% - 18/Dec/28 212,874 0.01
327
(expressed in EUR)

Nominal Value

200,000 Deutsche Bank AG FRN - 17/Feb/27 199,974 0.01
200,000 Deutsche Bank AG FRN - 19/Nov/25 203,593 0.01
200,000 Deutsche Bank AG 1.125% - 17/Mar/25 205,265 0.01
500,000 Deutsche Bank AG FRN - 10/Jun/26 520,275 0.02
200,000 Deutsche Bank AG FRN - 3/Sep/26 205,864 0.01
600,000 Deutsche Bank AG 1.625% - 20/Jan/27 625,681 0.03
500,000 Deutsche Bank AG 2.625% - 12/Feb/26 541,328 0.02
860,000 Deutsche Bank AG 2.875% - 11/Dec/24 938,582 0.05
300,000 Deutsche Boerse AG FRN - 16/Jun/47 306,927 0.01
100,000 Deutsche Pfandbriefbank AG 0.125% - 5/Sep/24 99,914 0.00
200,000 Deutsche Post AG 0.750% - 20/May/29 206,889 0.01
200,000 Deutsche Post AG 1.625% - 5/Dec/28 217,988 0.01
1,340,000 Deutsche Telekom AG 0.500% - 5/Jul/27 1,364,457 0.06
200,000 Deutsche Telekom AG 1.375% - 5/Jul/34 212,103 0.01
200,000 Deutsche Telekom AG 1.750% - 25/Mar/31 222,362 0.01
300,000 Deutsche Telekom International Finance BV 0.625% - 3/Apr/23 303,547 0.01
900,000 Deutsche Telekom International Finance BV 0.625% - 13/Dec/24 916,974 0.03
200,000 Deutsche Telekom International Finance BV 1.125% - 22/May/26 208,653 0.01
300,000 Deutsche Telekom International Finance BV 4.500% - 28/Oct/30 401,130 0.02
100,000 Deutsche Wohnen SE 0.500% - 7/Apr/31 99,321 0.00
100,000 Deutsche Wohnen SE 1.300% - 7/Apr/41 97,995 0.00
400,000 Dexia Credit Local SA 0.000% - 29/May/24 402,561 0.02
300,000 Dexia Credit Local SA 0.000% - 21/Jan/28 297,780 0.01
650,000 Dexia Credit Local SA 0.625% - 3/Feb/24 662,955 0.03
400,000 Dexia Credit Local SA 1.000% - 18/Oct/27 421,202 0.02
200,000 Dexia Credit Local SA 1.250% - 26/Nov/24 208,306 0.01
300,000 DH Europe Finance II Sarl 0.750% - 18/Sep/31 299,273 0.01
200,000 Diageo Capital BV 0.125% - 28/Sep/28 197,288 0.01
570,000 Diageo Finance plc 2.375% - 20/May/26 624,346 0.03
100,000 Diageo Finance plc 2.500% - 27/Mar/32 117,142 0.00
300,000 Digital Dutch Finco BV 1.250% - 1/Feb/31 302,321 0.01
800,000 Digital Euro Finco LLC 1.125% - 9/Apr/28 812,580 0.03
200,000 Digital Intrepid Holding BV 0.625% - 15/Jul/31 189,212 0.01
1,000,000 DNB Bank ASA 0.050% - 14/Nov/23 1,005,176 0.04
200,000 DNB Bank ASA FRN - 23/Feb/29 195,680 0.01
630,000 Dover Corp. 1.250% - 9/Nov/26 656,269 0.03
328
(expressed in EUR)

Nominal Value

200,000 Dow Chemical Company 0.500% - 15/Mar/27 199,465 0.01
1,000,000 Dow Chemical Company 1.125% - 15/Mar/32 1,001,382 0.04
100,000 DS Smith plc 0.875% - 12/Sep/26 101,501 0.00
310,000 DS Smith plc 1.375% - 26/Jul/24 318,980 0.02
300,000 DSV Panalpina Finance BV 0.750% - 5/Jul/33 295,400 0.01
400,000 E.ON International Finance BV 1.500% - 31/Jul/29 430,892 0.02
300,000 E.ON International Finance BV 5.750% - 14/Feb/33 453,603 0.02
100,000 E.On SE 0.600% - 1/Oct/32 100,034 0.00
200,000 E.ON SE 0.000% - 28/Aug/24 200,651 0.01
500,000 E.ON SE 0.350% - 28/Feb/30 496,971 0.02
900,000 E.ON SE 0.750% - 20/Feb/28 925,191 0.04
500,000 Eastman Chemical Company 1.500% - 26/May/23 508,704 0.02
300,000 Easyjet Finco BV 1.875% - 3/Mar/28 301,759 0.01
200,000 Easyjet plc 0.875% - 11/Jun/25 201,297 0.01
600,000 Eaton Capital Unlimited 0.128% - 8/Mar/26 597,416 0.02
200,000 Edenred 1.375% - 18/Jun/29 211,202 0.01
200,000 Edenred 1.875% - 6/Mar/26 213,164 0.01
100,000 EDP Finance BV 0.375% - 16/Sep/26 100,298 0.00
200,000 EDP Finance BV 1.500% - 22/Nov/27 213,007 0.01
200,000 EDP Finance BV 2.000% - 22/Apr/25 213,029 0.01
200,000 Electricite de France SA 2.000% - 9/Dec/49 213,832 0.01
200,000 Electricite de France SA 2.750% - 10/Mar/23 207,367 0.01
250,000 Electricite de France SA 4.500% - 12/Nov/40 373,420 0.02
1,500,000 Electricite de France SA 4.625% - 11/Sep/24 1,686,482 0.07
400,000 Electricite de France SA 4.625% - 26/Apr/30 528,336 0.02
200,000 Electricite de France SA - Perp. FRN - 1/Jun/70 201,388 0.01
200,000 Electricite de France SA - Perp. FRN - 15/Mar/69 205,561 0.01
400,000 Electricite de France SA - Perp. FRN - 15/Sep/69 414,360 0.02
200,000 Electricite de France SA - Perp. FRN - 4/Oct/67 212,203 0.01
500,000 Electricite de France SA - Perp. FRN - 22/Jan/49 554,317 0.02
200,000 Electricite de France SA - Perp. FRN - 29/Dec/49 220,062 0.01
100,000 Elenia Finance Oyj 0.375% - 6/Feb/27 99,564 0.00
100,000 Eli Lilly & Company 0.500% - 14/Sep/33 98,949 0.00
900,000 Eli Lilly & Company 2.125% - 3/Jun/30 1,025,875 0.05
400,000 Elia Group SA 1.500% - 5/Sep/28 427,506 0.02
300,000 ELM BV for Swiss Life - Perp. FRN - 19/May/27 349,125 0.01
400,000 Elo SACA 3.250% - 23/Jul/27 449,988 0.02
200,000 Emirates Telecom Corp. 2.750% - 18/Jun/26 223,694 0.01
100,000 Emirates Telecommunications Group Company PJSC 0.875% - 17/May/33 99,626 0.00
100,000 Enagas Financiaciones SA 0.375% - 5/Nov/32 97,307 0.00
100,000 Enagas Financiaciones SAU 1.000% - 25/Mar/23 101,579 0.00
300,000 Enagas Financiaciones SAU 1.375% - 5/May/28 321,771 0.01
329
(expressed in EUR)

Nominal Value

300,000 Enbw Energie Baden-Wuerttemberg AG FRN - 31/Aug/81 293,764 0.01
200,000 Enbw Energie Baden-Wuerttemberg AG FRN - 31/Aug/81 194,744 0.01
100,000 EnBW Energie Baden-Wuerttemberg AG FRN - 5/Nov/79 100,725 0.00
100,000 EnBW Energie Baden-Wuerttemberg AG FRN - 5/Aug/79 100,152 0.00
200,000 EnBW International Finance BV 0.125% - 1/Mar/28 196,738 0.01
300,000 EnBW International Finance BV 0.250% - 19/Oct/30 289,545 0.01
300,000 EnBW International Finance BV 0.500% - 1/Mar/33 290,050 0.01
190,000 EnBW International Finance BV 1.875% - 31/Oct/33 210,701 0.01
2,110,000 Enel Finance International NV 1.000% - 16/Sep/24 2,166,370 0.10
200,000 Enel Finance International NV 1.500% - 21/Jul/25 209,303 0.01
200,000 Enel SpA FRN - 24/May/80 215,297 0.01
320,000 Enel SpA 5.250% - 20/May/24 361,399 0.01
500,000 Enel SpA - Perp. FRN - 8/Sep/69 489,292 0.02
400,000 Enel SpA - Perp. FRN - 8/Sep/69 388,407 0.02
100,000 Enel SpA - Perp. FRN - 24/Nov/81 109,196 0.00
360,000 Energie Baden-Wurttemberg AG FRN - 5/Apr/77 360,330 0.01
100,000 Engie SA 0.000% - 4/Mar/27 98,461 0.00
200,000 Engie SA 0.500% - 24/Oct/30 198,171 0.01
1,000,000 Engie SA 1.000% - 13/Mar/26 1,034,889 0.04
100,000 Engie SA 1.375% - 21/Jun/39 103,865 0.00
200,000 Engie SA 1.500% - 13/Mar/35 213,222 0.01
200,000 Engie SA 2.375% - 19/May/26 219,730 0.01
200,000 Engie SA 3.000% - 1/Feb/23 207,445 0.01
300,000 Engie SA 5.950% - 16/Mar/11 593,588 0.02
100,000 Engie SA - Perp. FRN - 8/Jul/68 102,215 0.00
200,000 Engie SA - Perp. FRN - 28/Feb/67 215,314 0.01
1,290,000 ENI SpA 0.625% - 19/Sep/24 1,310,287 0.04
400,000 ENI SpA 0.625% - 23/Jan/30 398,438 0.02
300,000 ENI SpA 1.000% - 11/Oct/34 310,307 0.01
400,000 ENI SpA 1.250% - 18/May/26 416,437 0.02
600,000 ENI SpA 1.625% - 17/May/28 643,804 0.03
250,000 ENI SpA 1.750% - 18/Jan/24 259,527 0.01
355,000 ENI SpA 3.250% - 10/Jul/23 373,433 0.02
400,000 ENI SpA 3.625% - 29/Jan/29 484,695 0.02
200,000 ENI SpA - Perp. FRN - 11/May/70 199,405 0.01
200,000 ENI SpA - Perp. FRN - 31/Dec/49 207,515 0.01
200,000 ENI SpA - Perp. FRN - 11/May/70 200,040 0.01
200,000 ENI SpA - Perp. FRN - 13/Oct/69 210,207 0.01
100,000 EP Infrastructure AS 1.698% - 30/Jul/26 104,053 0.00
1,010,000 Equinor ASA 0.750% - 9/Nov/26 1,037,684 0.04
980,000 Equinor ASA 1.250% - 17/Feb/27 1,030,499 0.04
1,010,000 Equinor ASA 1.625% - 17/Feb/35 1,087,092 0.04
330
(expressed in EUR)

Nominal Value

400,000 Erste Group Bank AG FRN - 16/Nov/28 390,894 0.02
400,000 Erste Group Bank AG 0.125% - 17/May/28 391,372 0.02
300,000 Erste Group Bank AG 0.875% - 13/May/27 308,584 0.01
1,250,000 ESB Finance DAC 1.875% - 14/Jun/31 1,382,504 0.06
200,000 ESB Finance Limited 3.494% - 12/Jan/24 214,154 0.01
400,000 EssilorLuxottica SA 0.000% - 27/May/23 401,563 0.02
100,000 EssilorLuxottica SA 0.250% - 5/Jan/24 100,999 0.00
500,000 EssilorLuxottica SA 0.375% - 27/Nov/27 504,916 0.02
200,000 EssilorLuxottica SA 0.500% - 5/Jun/28 203,277 0.01
1,390,000 EssilorLuxottica SA 2.625% - 10/Feb/24 1,475,886 0.06
200,000 Essity AB 0.250% - 8/Feb/31 191,513 0.01
260,000 Essity AB 1.125% - 5/Mar/25 268,398 0.01
100,000 Euroclear Bank SA 0.125% - 7/Jul/25 99,968 0.00
300,000 Euroclear Investments SA 1.125% - 7/Dec/26 314,588 0.01
200,000 Eurofins Scientific SE 0.875% - 19/May/31 196,900 0.01
100,000 Eurogrid GmbH 0.741% - 21/Apr/33 98,771 0.00
400,000 Eurogrid GmbH 1.625% - 3/Nov/23 411,499 0.02
200,000 Euronet Worldwide Inc. 1.375% - 22/May/26 203,988 0.01
500,000 Euronext NV 0.125% - 17/May/26 498,044 0.02
100,000 Euronext NV 0.750% - 17/May/31 99,253 0.00
100,000 Euronext NV 1.500% - 17/May/41 99,374 0.00
820,000 European Stability Mechanism 1.800% - 2/Nov/46 1,056,851 0.04
100,000 Eutelsat SA 1.500% - 13/Oct/28 101,550 0.00
700,000 Eutelsat SA 2.250% - 13/Jul/27 730,249 0.03
2,090,000 Evonik Finance BV 0.375% - 7/Sep/24 2,110,449 0.10
300,000 Ewe AG 0.250% - 8/Jun/28 295,652 0.01
200,000 Exor NV 0.875% - 19/Jan/31 196,183 0.01
200,000 Exor NV 2.250% - 29/Apr/30 219,884 0.01
1,400,000 Exxon Mobil Corp. 0.142% - 26/Jun/24 1,406,164 0.05
1,000,000 Exxon Mobil Corp. 0.524% - 26/Jun/28 1,001,125 0.04
300,000 Exxon Mobil Corp. 0.835% - 26/Jun/32 293,976 0.01
300,000 Fairfax Financial Holdings Limited 2.750% - 29/Mar/28 325,889 0.01
200,000 FCA Bank SpA 0.000% - 16/Apr/24 199,569 0.01
600,000 FCA Bank SpA 0.125% - 16/Nov/23 601,093 0.02
200,000 FCA Bank SpA 0.500% - 13/Sep/24 201,832 0.01
100,000 Fedex Corp. 0.450% - 5/Aug/25 100,829 0.00
100,000 Fedex Corp. 0.450% - 4/May/29 98,570 0.00
100,000 Fedex Corp. 0.950% - 4/May/33 96,527 0.00
100,000 Fedex Corp. 1.300% - 5/Aug/31 103,150 0.00
550,000 Fedex Corp. 1.625% - 11/Jan/27 582,441 0.02
800,000 Ferrovial Emisiones SA 2.500% - 15/Jul/24 849,987 0.03
700,000 Ferrovie dello Stato Italiane SpA 0.875% - 7/Dec/23 714,965 0.03
470,000 Ferrovie dello Stato Italiane SpA 1.500% - 27/Jun/25 492,861 0.02
200,000 First Abu Dhabi Bank PJSC 0.125% - 16/Feb/26 199,137 0.01
331
(expressed in EUR)

Nominal Value

1,200,000 Fiserv Inc. 1.125% - 1/Jul/27 1,241,325 0.06
200,000 Fluvius System Operator 0.250% - 14/Jun/28 197,282 0.01
200,000 Fluvius System Operator 0.625% - 24/Nov/31 197,785 0.01
200,000 Fluvius System Operator CVBA 0.250% - 2/Dec/30 193,364 0.01
200,000 Fluvius System Operator CVBA 2.750% - 30/Nov/22 205,646 0.01
2,100,000 FMS Wertmanagement 0.375% - 29/Apr/30 2,137,335 0.09
200,000 FNM SpA 0.750% - 20/Oct/26 200,169 0.01
100,000 Fomento Economico Mexicano SAB de CV 0.500% - 28/May/28 99,036 0.00
100,000 Fomento Economico Mexicano SAB de CV 1.000% - 28/May/33 96,751 0.00
250,000 Fonterra Co-Operative Group Limited 0.750% - 8/Nov/24 255,064 0.01
200,000 Fresenius Finance BV 4.000% - 1/Feb/24 216,624 0.01
100,000 Fresenius Finance Ireland plc 0.500% - 1/Oct/28 98,719 0.00
100,000 Fresenius Finance Ireland plc 0.875% - 1/Oct/31 98,030 0.00
560,000 Fresenius Finance Ireland plc 2.125% - 1/Feb/27 608,314 0.03
500,000 Fresenius Medical Care AG & Company KGaA 0.625% - 30/Nov/26 508,289 0.02
300,000 Fresenius SE & Company Kgaa 0.750% - 15/Jan/28 303,338 0.01
360,000 Fresenius SE & Company Kgaa 1.625% - 8/Oct/27 382,672 0.02
200,000 Galp Gas Natural 1.375% - 19/Sep/23 205,018 0.01
200,000 Gazprom OAO via Gaz Capital SA 3.125% - 17/Nov/23 208,661 0.01
570,000 Gazprom OAO Via Gaz Capital SA 2.250% - 22/Nov/24 588,932 0.02
400,000 Gecina SA 1.000% - 30/Jan/29 416,193 0.02
600,000 Gecina SA 1.500% - 20/Jan/25 625,865 0.03
200,000 Gecina SA 1.625% - 29/May/34 218,233 0.01
600,000 General Electric Company 0.875% - 17/May/25 614,380 0.03
400,000 General Electric Company 4.125% - 19/Sep/35 546,159 0.02
100,000 General Mills Inc. 1.500% - 27/Apr/27 105,852 0.00
100,000 General Motors Financial Company Inc. 0.200% - 2/Sep/22 100,313 0.00
200,000 General Motors Financial Company Inc. 0.600% - 20/May/27 198,492 0.01
860,000 General Motors Financial Company Inc. 0.955% - 7/Sep/23 873,840 0.04
870,000 General Motors Financial Company Inc. 1.694% - 26/Mar/25 906,338 0.05
200,000 General Motors Financial Company Inc. 2.200% - 1/Apr/24 209,465 0.01
650,000 Glaxosmithkline Capital Inc. 1.375% - 2/Dec/24 678,491 0.03
300,000 Glaxosmithkline Capital plc 1.250% - 21/May/26 315,184 0.01
200,000 Glencore Capital Finance Dac 1.125% - 10/Mar/28 202,304 0.01
1,100,000 Glencore Finance Europe Limited 1.500% - 15/Oct/26 1,146,973 0.05
100,000 Global Switch Finance BV 1.375% - 7/Oct/30 99,580 0.00
200,000 Global Switch Holdings Limited 2.250% - 31/May/27 206,816 0.01
350,000 Goldman Sachs Group Inc FRN - 30/Apr/24 350,493 0.01
300,000 Goldman Sachs Group Inc 0.250% - 26/Jan/28 292,639 0.01
200,000 Goldman Sachs Group Inc 0.875% - 9/May/29 200,906 0.01
200,000 Goldman Sachs Group Inc. 0.125% - 19/Aug/24 200,433 0.01
209,000 Goldman Sachs Group Inc. 0.875% - 21/Jan/30 210,206 0.01
400,000 Goldman Sachs Group Inc. 1.000% - 18/Mar/33 394,464 0.02
350,000 Goldman Sachs Group Inc. 1.250% - 1/May/25 359,291 0.01
200,000 Goldman Sachs Group Inc. 1.375% - 26/Jul/22 202,088 0.01
900,000 Goldman Sachs Group Inc. 1.625% - 27/Jul/26 950,801 0.04
332
(expressed in EUR)

Nominal Value

400,000 Goldman Sachs Group Inc. 2.000% - 1/Nov/28 435,154 0.02
300,000 Goldman Sachs Group Inc. 3.000% - 12/Feb/31 354,437 0.01
800,000 Goodman Australia Finance Pty Limited 1.375% - 27/Sep/25 825,197 0.04
400,000 Grand City Properties SA 1.375% - 3/Aug/26 416,864 0.02
200,000 Grand City Properties SA - Perp. FRN - 9/Jun/69 194,496 0.01
200,000 Grand City Properties SA - Perp. FRN - 24/Oct/66 203,769 0.01
200,000 Grenke Finance plc 0.625% - 9/Jan/25 191,035 0.01
400,000 Groupama SA 6.000% - 23/Jan/27 492,633 0.02
300,000 Groupama SA - Perp. FRN - 28/May/49 340,029 0.01
100,000 H&M Finance BV 0.250% - 25/Aug/29 97,025 0.00
100,000 Hamburger Hochbahn AG 0.125% - 24/Feb/31 98,089 0.00
100,000 Hammerson Ireland Finance Dac 1.750% - 3/Jun/27 98,509 0.00
300,000 Hannover Rueck SE FRN - 9/Oct/39 295,217 0.01
100,000 Hannover Rueck SE FRN - 8/Oct/40 102,419 0.00
300,000 Hannover Rueck SE - Perp. FRN - 29/Jun/49 329,702 0.01
400,000 Harley-Davidson Financial Services Inc. 0.900% - 19/Nov/24 407,873 0.02
100,000 Harley-Davidson Financial Services Inc. 3.875% - 19/May/23 105,252 0.00
100,000 Heathrow Funding Limited 1.125% - 8/Oct/30 99,220 0.00
500,000 Heathrow Funding Limited 1.500% - 11/Feb/30 516,870 0.02
500,000 Heathrow Funding Limited 1.875% - 23/May/22 504,415 0.02
100,000 Heathrow Funding Limited 1.875% - 14/Mar/34 104,408 0.00
320,000 HeidelbergCement AG 1.500% - 7/Feb/25 332,937 0.01
440,000 HeidelbergCement Finance Luxembourg SA 1.625% - 7/Apr/26 463,601 0.02
400,000 Heimstaden Bostad Treasury BV 0.250% - 13/Oct/24 400,767 0.02
500,000 Heimstaden Bostad Treasury BV 1.375% - 3/Mar/27 512,831 0.02
300,000 Heimstaden Bostad Treasury BV 1.625% - 13/Oct/31 301,197 0.01
200,000 Heineken NV 1.000% - 4/May/26 206,895 0.01
400,000 Heineken NV 1.625% - 30/Mar/25 420,012 0.02
200,000 Heineken NV 1.750% - 7/May/40 211,166 0.01
600,000 Heineken NV 2.250% - 30/Mar/30 679,153 0.03
100,000 Hella GmbH & Company KGaA 0.500% - 26/Jan/27 100,417 0.00
790,000 Hella GmbH & Company KGaA 1.000% - 17/May/24 806,328 0.04
200,000 Hera SpA 0.250% - 3/Dec/30 190,720 0.01
200,000 Hitachi Capital Uk plc 0.000% - 29/Oct/24 199,600 0.01
100,000 Hochtief AG 0.625% - 26/Apr/29 97,228 0.00
600,000 Holcim Finance Luxembourg SA 0.500% - 29/Nov/26 605,357 0.03
200,000 Holcim Finance Luxembourg SA 0.500% - 23/Apr/31 190,354 0.01
113,000 Holcim Finance Luxembourg SA 1.375% - 26/May/23 115,071 0.00
500,000 Holding d’Infrastructures de Transport SASU 0.625% - 14/Sep/28 488,960 0.02
200,000 Howoge Wohnungs-Baugesellschaft Mbh 0.000% - 1/Nov/24 199,810 0.01
1,900,000 HSBC Continental Europe SA 0.100% - 3/Sep/27 1,869,865 0.07
333
(expressed in EUR)

Nominal Value

400,000 HSBC Holdings plc FRN - 13/Nov/26 399,504 0.02
300,000 HSBC Holdings plc 0.875% - 6/Sep/24 306,556 0.01
200,000 HSBC Holdings plc FRN - 4/Dec/24 205,866 0.01
400,000 Iberdrola Finanzas SA 1.621% - 29/Nov/29 441,525 0.02
700,000 Iberdrola Finanzas SAU 1.000% - 7/Mar/24 716,175 0.03
2,200,000 Iberdrola International BV 0.375% - 15/Sep/25 2,230,903 0.10
600,000 Iberdrola International BV 1.750% - 17/Sep/23 620,767 0.03
200,000 Iberdrola International BV - Perp. FRN - 9/Feb/70 200,563 0.01
300,000 Iberdrola International BV - Perp. FRN - 28/Apr/69 306,360 0.01
980,000 IBM Corp. 1.125% - 6/Sep/24 1,010,635 0.05
300,000 Icade 1.125% - 17/Nov/25 309,250 0.01
400,000 Icade 1.750% - 10/Jun/26 422,729 0.02
100,000 Ile-De-France Mobilites 0.950% - 28/May/41 100,829 0.01
700,000 Illinois Tool Works Inc. 1.250% - 22/May/23 711,882 0.02
500,000 Imerys SA 1.500% - 15/Jan/27 523,909 0.02
200,000 Immofinanz AG 2.500% - 15/Oct/27 209,468 0.01
300,000 Imperial Brands Finance Netherlands BV 1.750% - 18/Mar/33 293,603 0.01
300,000 Imperial Brands Finance plc 2.125% - 12/Feb/27 315,267 0.01
300,000 Indigo Group Sas 1.625% - 19/Apr/28 312,431 0.01
300,000 Informa plc 2.125% - 6/Oct/25 314,602 0.01
1,300,000 ING Groep NV FRN - 3/Sep/25 1,299,868 0.05
200,000 ING Groep NV FRN - 18/Feb/29 195,010 0.01
300,000 ING Groep NV FRN - 29/Sep/28 295,437 0.01
300,000 ING Groep NV 1.000% - 20/Sep/23 306,165 0.01
300,000 ING Groep NV 1.375% - 11/Jan/28 315,797 0.01
300,000 ING Groep NV FRN - 26/Sep/29 308,296 0.01
300,000 ING Groep NV 2.000% - 20/Sep/28 328,450 0.01
200,000 ING Groep NV 2.125% - 10/Jan/26 214,944 0.01
300,000 ING Groep NV 2.500% - 15/Nov/30 349,054 0.01
200,000 Inmobiliaria Colonial Socimi SA 0.750% - 22/Jun/29 196,412 0.01
100,000 Inmobiliaria Colonial Socimi SA 1.350% - 14/Oct/28 103,294 0.00
100,000 Inmobiliaria Colonial Socimi SA 2.500% - 28/Nov/29 110,779 0.00
100,000 InterContinental Hotels Group plc 1.625% - 8/Oct/24 103,464 0.00
200,000 InterContinental Hotels Group plc 2.125% - 15/May/27 212,111 0.01
334
(expressed in EUR)

Nominal Value

300,000 International Business Machines Corp. 1.500% - 23/May/29 321,336 0.01
800,000 International Flavors & Fragrances Inc. 1.800% - 25/Sep/26 848,027 0.03
100,000 Intesa Sanpaolo SpA 1.000% - 22/Jul/22 100,776 0.00
300,000 Intesa Sanpaolo SpA 1.750% - 4/Jul/29 317,658 0.01
200,000 Intesa Sanpaolo SpA 2.125% - 26/May/25 211,856 0.01
300,000 Investitionsbank Berlin 0.010% - 15/Jul/27 299,672 0.01
300,000 Investitionsbank Berlin 0.050% - 2/Mar/35 283,323 0.01
200,000 Investor AB 1.500% - 20/Jun/39 214,639 0.01
900,000 Investor AB 4.500% - 12/May/23 959,513 0.04
100,000 Iren SpA 0.250% - 17/Jan/31 94,216 0.00
970,000 Iren SpA 0.875% - 4/Nov/24 990,561 0.04
100,000 Iren SpA 1.000% - 1/Jul/30 101,036 0.00
300,000 Islandsbanki HF FRN - 19/Jan/24 302,736 0.01
100,000 ISS Finance BV 1.250% - 7/Jul/25 102,944 0.00
670,000 ISS Global A/S 1.500% - 31/Aug/27 690,008 0.04
200,000 Italgas SpA 0.500% - 16/Feb/33 190,017 0.01
100,000 Italgas SpA 0.875% - 24/Apr/30 101,271 0.00
200,000 Italgas SpA 1.000% - 11/Dec/31 202,244 0.01
100,000 ITV plc 1.375% - 26/Sep/26 102,693 0.00
200,000 JAB Holdings BV 1.000% - 20/Dec/27 203,335 0.01
200,000 JAB Holdings BV 1.000% - 14/Jul/31 194,405 0.01
800,000 JAB Holdings BV 2.000% - 18/May/28 855,876 0.04
100,000 JAB Holdings BV 3.375% - 17/Apr/35 119,786 0.00
200,000 Jde Peet’s NV 0.000% - 16/Jan/26 196,872 0.01
200,000 Jde Peet’s NV 0.500% - 16/Jan/29 195,054 0.01
100,000 Jefferies Group LLC 1.000% - 19/Jul/24 102,249 0.00
300,000 John Deere Cash Management SA 1.650% - 13/Jun/39 339,205 0.01
400,000 Johnson & Johnson 1.650% - 20/May/35 446,085 0.02
530,000 Johnson Controls International plc 1.375% - 25/Feb/25 547,568 0.02
500,000 JPMorgan Chase & Company FRN - 24/Feb/28 496,813 0.02
300,000 JPMorgan Chase & Company 0.625% - 25/Jan/24 304,994 0.01
300,000 JPMorgan Chase & Company FRN - 25/Jul/31 304,648 0.01
400,000 JPMorgan Chase & Company FRN - 4/Nov/32 405,229 0.02
400,000 JPMorgan Chase & Company FRN - 11/Mar/27 412,059 0.02
300,000 JPMorgan Chase & Company 1.500% - 27/Jan/25 313,627 0.01
200,000 JPMorgan Chase & Company 1.500% - 29/Oct/26 211,874 0.01
300,000 JPMorgan Chase & Company FRN - 18/May/28 317,850 0.01
200,000 JPMorgan Chase & Company 2.750% - 1/Feb/23 206,802 0.01
850,000 JPMorgan Chase & Company 2.875% - 24/May/28 985,727 0.04
100,000 JT International Financial Services BV FRN - 7/Apr/81 104,531 0.00
200,000 Jyske Bank AS 0.250% - 17/Feb/28 197,687 0.01
335
(expressed in EUR)

Nominal Value

100,000 Jyske Bank AS FRN - 15/Oct/25 100,485 0.00
300,000 Jyske Bank AS FRN - 5/Apr/29 310,375 0.01
200,000 KBC Group NV FRN - 10/Sep/26 198,670 0.01
100,000 KBC Group NV FRN - 3/Dec/29 99,602 0.00
100,000 KBC Group NV FRN - 7/Dec/31 98,392 0.00
200,000 KBC Group NV 0.750% - 31/May/31 198,758 0.01
400,000 KBC Group NV 1.125% - 25/Jan/24 410,412 0.02
100,000 Kering SA 0.250% - 13/May/23 100,687 0.00
300,000 Kering SA 0.750% - 13/May/28 310,040 0.01
100,000 Kerry Group Financial Services 0.625% - 20/Sep/29 100,166 0.00
300,000 Klepierre SA 1.000% - 17/Apr/23 303,880 0.01
1,200,000 Klepierre SA 1.250% - 29/Sep/31 1,233,618 0.05
500,000 Klepierre SA 1.625% - 13/Dec/32 524,250 0.02
1,300,000 Knorr-Bremse AG 1.125% - 13/Jun/25 1,344,582 0.05
200,000 Kojamo Oyj 0.875% - 28/May/29 197,744 0.01
300,000 Koninklijke Ahold Delhaize NV 1.125% - 19/Mar/26 311,318 0.01
600,000 Koninklijke DSM NV 0.250% - 23/Jun/28 600,809 0.02
190,000 Koninklijke DSM NV 2.375% - 3/Apr/24 200,388 0.01
500,000 Koninklijke KPN NV 0.625% - 9/Apr/25 508,365 0.02
200,000 Koninklijke Philips NV 0.500% - 22/May/26 203,456 0.01
800,000 Kreditanstalt fuer Wiederaufbau 0.010% - 5/May/27 807,897 0.03
4,000,000 Kreditanstalt fuer Wiederaufbau 0.125% - 24/Feb/23 4,035,083 0.15
1,130,000 Kreditanstalt fuer Wiederaufbau 0.125% - 7/Nov/23 1,144,198 0.05
730,000 Kreditanstalt fuer Wiederaufbau 0.125% - 4/Oct/24 741,408 0.03
660,000 Kreditanstalt fuer Wiederaufbau 0.375% - 23/Apr/25 676,397 0.03
1,000,000 Kreditanstalt fuer Wiederaufbau 2.125% - 15/Aug/23 1,043,955 0.04
100,000 Kutxabank SA 0.500% - 25/Sep/24 100,975 0.00
400,000 La Banque Postale SA 0.250% - 12/Jul/26 400,708 0.02
400,000 La Banque Postale SA 1.000% - 16/Oct/24 410,415 0.02
300,000 La Banque Postale SA 2.000% - 13/Jul/28 326,998 0.01
400,000 La Mondiale - Perp. FRN - 29/Dec/49 462,104 0.02
100,000 La Mondiale SAM 0.750% - 20/Apr/26 100,046 0.00
200,000 La Poste SA 0.375% - 17/Sep/27 201,324 0.01
500,000 La Poste SA 0.625% - 21/Oct/26 511,915 0.02
100,000 La Poste SA 0.625% - 18/Jan/36 94,854 0.00
100,000 La Poste SA 1.000% - 17/Sep/34 100,824 0.00
500,000 La Poste SA 1.125% - 4/Jun/25 520,216 0.02
200,000 La Poste SA 1.375% - 21/Apr/32 213,452 0.01
300,000 La Poste SA 1.450% - 30/Nov/28 322,476 0.01
300,000 La Poste SA 4.375% - 26/Jun/23 321,697 0.01
336
(expressed in EUR)

Nominal Value

100,000 Landesbank Baden-Wuerttemberg 0.375% - 30/Sep/27 100,093 0.00
100,000 Landesbank Baden-Wuerttemberg 0.375% - 7/May/29 98,265 0.00
300,000 Landesbank Baden-Wuerttemberg 0.375% - 21/Feb/31 291,369 0.01
200,000 Landesbank Hessen-Thueringen Girozentrale 0.375% - 12/May/25 202,424 0.01
300,000 Landesbank Hessen-Thueringen Girozentrale 0.375% - 4/Jun/29 295,021 0.01
100,000 Landsbankinn Hf 0.375% - 23/May/25 99,237 0.00
100,000 Lansforsakringar Bank AB 0.050% - 15/Apr/26 98,912 0.00
200,000 Lanxess AG 0.625% - 1/Dec/29 198,968 0.01
380,000 Lanxess AG 1.000% - 7/Oct/26 393,320 0.02
200,000 Leaseplan Corp. NV 0.250% - 23/Feb/26 198,588 0.01
200,000 LeasePlan Corp. NV 0.125% - 13/Sep/23 200,631 0.01
200,000 LeasePlan Corp. NV 3.500% - 9/Apr/25 221,296 0.01
400,000 LEG Immobilien SE 0.750% - 30/Jun/31 392,024 0.02
100,000 LEG Immobilien SE 1.000% - 19/Nov/32 98,479 0.00
200,000 Linde Finance BV 0.550% - 19/May/32 200,446 0.01
200,000 Linde Finance BV 1.000% - 20/Apr/28 210,761 0.01
200,000 Linde plc 0.000% - 30/Sep/26 199,308 0.01
200,000 Linde plc 1.000% - 30/Sep/51 191,267 0.01
200,000 Lloyds Bank Corporate Markets plc 0.250% - 4/Oct/22 201,054 0.01
300,000 Lloyds Bank Corporate Markets plc 2.375% - 9/Apr/26 327,349 0.01
733,000 Lloyds Banking Group plc 1.000% - 9/Nov/23 748,500 0.03
400,000 Lloyds Banking Group plc 1.500% - 12/Sep/27 426,762 0.02
300,000 Lloyds Banking Group plc FRN - 18/Mar/30 336,401 0.01
200,000 Logicor Financing Sarl 0.750% - 15/Jul/24 202,458 0.01
200,000 Logicor Financing Sarl 1.500% - 14/Nov/22 202,094 0.01
200,000 London Stock Exchange Group plc 1.750% - 6/Dec/27 215,016 0.01
100,000 Lseg Netherlands BV 0.000% - 6/Apr/25 99,839 0.00
200,000 Luminor Bank AS FRN - 3/Dec/24 202,790 0.00
1,000,000 LVMH Moet Hennessy Louis Vuitton SE 0.125% - 11/Feb/28 996,728 0.03
700,000 LYB International Finance II BV 0.875% - 17/Sep/26 715,053 0.03
200,000 MACIF FRN - 21/Jun/52 200,909 0.01
200,000 Macquarie Group Limited 0.350% - 3/Mar/28 197,614 0.01
300,000 Macquarie Group Limited 0.950% - 21/May/31 299,049 0.01
780,000 Magna International Inc. 1.500% - 25/Sep/27 830,895 0.03
200,000 Mapfre SA FRN - 7/Sep/48 228,999 0.01
400,000 Mastercard Inc. 1.100% - 1/Dec/22 404,216 0.02
400,000 McDonald’s Corp. 1.000% - 15/Nov/23 409,125 0.02
300,000 McDonald’s Corp. 1.750% - 3/May/28 324,189 0.01
337
(expressed in EUR)

Nominal Value

700,000 McDonald’s Corp. 2.375% - 27/Nov/24 751,633 0.03
500,000 McDonald’s Corp. 2.625% - 11/Jun/29 575,325 0.02
500,000 MDGH - GMTN BV 3.625% - 30/May/23 526,768 0.02
200,000 Mediobanca Banca di Credito Finanziario SpA 1.000% - 8/Sep/27 203,589 0.01
100,000 Mediobanca Banca di Credito Finanziario SpA 1.125% - 15/Jul/25 102,482 0.00
200,000 Medtronic Global Holdings SCA 0.000% - 15/Mar/23 200,747 0.01
1,000,000 Medtronic Global Holdings SCA 0.375% - 7/Mar/23 1,007,672 0.03
200,000 Medtronic Global Holdings SCA 1.000% - 2/Jul/31 206,767 0.01
2,040,000 Merck & Company Inc. 0.500% - 2/Nov/24 2,071,131 0.09
400,000 Merck & Company Inc. 1.375% - 2/Nov/36 429,936 0.02
200,000 Merck & Company Inc. 2.500% - 15/Oct/34 242,022 0.01
100,000 Merck Financial Services GmbH 0.005% - 15/Dec/23 100,487 0.00
100,000 Merck Financial Services GmbH 0.375% - 5/Jul/27 101,322 0.00
200,000 Merck KGaA FRN - 25/Jun/79 216,272 0.01
300,000 Merck KGaA 3.375% - 12/Dec/74 325,229 0.01
100,000 Merlin Properties Socimi SA 1.875% - 4/Dec/34 98,591 0.00
300,000 Merlin Properties Socimi SA 2.375% - 13/Jul/27 323,656 0.01
400,000 Merlin Properties Socimi SA 2.375% - 18/Sep/29 431,721 0.02
200,000 Microsoft Corp. 2.625% - 2/May/33 246,950 0.01
300,000 Microsoft Corp. 3.125% - 6/Dec/28 360,865 0.01
200,000 Mitsubishi UFJ Financial Group Inc. 0.339% - 19/Jul/24 201,918 0.01
100,000 Mizuho Financial Group Inc. 0.184% - 13/Apr/26 99,347 0.00
300,000 Mizuho Financial Group Inc. 0.214% - 7/Oct/25 299,935 0.01
300,000 Mizuho Financial Group Inc. FRN - 6/Sep/29 294,659 0.01
300,000 MMS USA Financing Inc. 0.625% - 13/Jun/25 303,391 0.01
300,000 MMS USA Financing Inc. 1.250% - 13/Jun/28 311,727 0.01
360,000 MOL Hungarian Oil & Gas plc 1.500% - 8/Oct/27 366,955 0.01
100,000 Molnlycke Holding AB 0.625% - 15/Jan/31 96,554 0.00
100,000 Molnlycke Holding AB 0.875% - 5/Sep/29 100,153 0.00
200,000 Mondelez International Holdings Netherlands BV 0.375% - 22/Sep/29 196,853 0.01
100,000 Mondelez International Holdings Netherlands BV 0.625% - 9/Sep/32 97,219 0.00
100,000 Mondelez International Holdings Netherlands BV 0.875% - 1/Oct/31 101,324 0.00
600,000 Mondelez International Inc. 0.250% - 17/Mar/28 591,027 0.03
200,000 Mondelez International Inc. 1.250% - 9/Sep/41 192,316 0.01
338
(expressed in EUR)

Nominal Value

640,000 Mondi Finance plc 1.625% - 27/Apr/26 674,158 0.03
200,000 Moody’s Corp. 1.750% - 9/Mar/27 214,001 0.01
300,000 Morgan Stanley FRN - 7/Feb/31 290,882 0.01
400,000 Morgan Stanley 1.102% - 29/Apr/33 400,642 0.01
1,010,000 Morgan Stanley 1.375% - 27/Oct/26 1,060,327 0.04
950,000 Morgan Stanley 1.750% - 11/Mar/24 987,873 0.04
200,000 Morgan Stanley 1.875% - 30/Mar/23 205,431 0.01
300,000 Morgan Stanley Inc. 1.750% - 30/Jan/25 315,190 0.01
200,000 Motability Operations Group plc 0.375% - 3/Jan/26 201,451 0.01
100,000 MTU Aero Engines AG 3.000% - 1/Jul/25 108,216 0.00
200,000 Muenchener Rueckversicherungs AG FRN - 26/May/49 226,575 0.01
200,000 Muenchener Rueckversicherungs AG 6.250% - 26/May/42 204,933 0.01
100,000 Nasdaq Inc. 0.875% - 13/Feb/30 100,353 0.00
500,000 National Australia Bank Limited 1.125% - 20/May/31 525,039 0.02
200,000 National Grid Electricity Transmission plc 0.823% - 7/Jul/32 199,470 0.01
200,000 National Grid Electricity Transmission plc 0.872% - 26/Nov/40 189,141 0.01
200,000 Nationale-Nederlanden Bank NV 0.500% - 21/Sep/28 198,238 0.01
400,000 Nationale-Nederlanden Levensverzekering Maatschappij NV FRN - 29/Aug/42 424,242 0.02
500,000 Nationwide Building Society 0.250% - 22/Jul/25 502,145 0.03
300,000 Nationwide Building Society FRN - 8/Mar/26 311,973 0.01
2,100,000 Naturgy Capital Markets SA 0.875% - 15/May/25 2,158,306 0.10
300,000 NatWest Group plc FRN - 26/Feb/30 296,624 0.01
300,000 NatWest Group plc FRN - 2/Mar/26 312,992 0.01
760,000 NatWest Group plc FRN - 8/Mar/23 763,243 0.03
400,000 NatWest Markets plc 0.125% - 18/Jun/26 396,696 0.02
100,000 NE Property BV 3.375% - 14/Jul/27 110,537 0.00
1,100,000 NE Property Cooperatief UA 1.750% - 23/Nov/24 1,130,532 0.06
480,000 Nederlandse Financierings-Maatscap Ontwikkelingslande NV 0.125% - 20/Apr/22 481,116 0.02
400,000 Nederlandse Gasunie NV 1.000% - 11/May/26 415,053 0.02
1,000,000 Nederlandse Waterschapsbank NV 0.000% - 16/Nov/26 1,003,503 0.04
1,000,000 Nederlandse Waterschapsbank NV 0.125% - 25/Sep/23 1,009,788 0.04
200,000 Nederlandse Waterschapsbank NV 0.625% - 6/Feb/29 207,629 0.01
200,000 Nestle Finance International Limited 0.000% - 3/Mar/33 185,564 0.01
440,000 Nestle Finance International Limited 0.250% - 14/Jun/29 439,568 0.02
200,000 Nestle Finance International Limited 0.375% - 3/Dec/40 181,708 0.01
339
(expressed in EUR)

Nominal Value

100,000 Nestle Finance International Limited 0.750% - 16/May/23 101,210 0.00
400,000 Nestle Finance International Limited 1.125% - 1/Apr/26 417,666 0.02
300,000 Nestle Finance International Limited 1.250% - 2/Nov/29 321,733 0.01
300,000 Nestle Finance International Limited 1.750% - 2/Nov/37 342,144 0.01
200,000 Nissan Motor Company Limited 2.652% - 17/Mar/26 214,718 0.01
200,000 NN Group NV FRN - 8/Apr/44 218,262 0.01
400,000 NN Group NV FRN - 13/Jan/48 468,588 0.02
200,000 NN Group NV - Perp. FRN - 29/Jun/49 217,688 0.01
200,000 NN Group NV - Perp. FRN - 15/Jul/49 226,050 0.01
100,000 Nordea Bank AB 1.000% - 22/Feb/23 101,595 0.00
200,000 Nordea Bank AB 1.125% - 12/Feb/25 207,446 0.01
200,000 Nordea Bank Abp 0.500% - 14/May/27 203,286 0.01
200,000 Nordea Bank Abp 0.500% - 2/Nov/28 199,244 0.01
300,000 Nordea Bank Abp FRN - 18/Aug/31 297,739 0.01
400,000 Nordea Bank Abp 1.125% - 27/Sep/27 420,596 0.02
1,300,000 Novartis Finance SA 0.000% - 23/Sep/28 1,273,543 0.06
100,000 Novo Nordisk Finance Netherlands BV 0.125% - 4/Jun/28 99,102 0.00
100,000 NRW Bank 0.000% - 14/May/29 99,053 0.00
200,000 NRW Bank 0.000% - 28/Jul/31 195,359 0.01
200,000 NRW Bank 0.100% - 9/Jul/35 190,120 0.01
1,200,000 NRW Bank 0.125% - 10/Mar/23 1,208,840 0.05
200,000 NRW Bank 0.125% - 12/Apr/27 201,316 0.01
400,000 NRW Bank 0.250% - 4/Jul/25 405,496 0.02
600,000 NRW Bank 0.250% - 28/Sep/26 609,800 0.02
400,000 NRW Bank 0.375% - 16/May/29 406,596 0.02
1,200,000 NRW Bank 0.500% - 26/May/25 1,226,257 0.05
300,000 NRW Bank 0.500% - 17/Jun/41 294,282 0.01
300,000 NRW Bank 1.200% - 28/Mar/39 329,353 0.01
100,000 NRW Bank 1.250% - 13/May/49 115,768 0.00
100,000 NTT Finance Corp. 0.342% - 3/Mar/30 98,471 0.00
100,000 Nykredit Realkredit AS FRN - 28/Jul/31 99,144 0.00
300,000 OeBB-Infrastruktur AG 3.500% - 19/Oct/26 350,324 0.01
1,250,000 Omnicom Finance Holdings plc 0.800% - 8/Jul/27 1,265,710 0.06
400,000 OMV AG 0.750% - 16/Jun/30 407,010 0.02
400,000 OMV AG 2.375% - 9/Apr/32 465,808 0.02
380,000 OMV AG - Perp. FRN - 9/Dec/66 452,442 0.02
500,000 OP Corporate Bank plc 0.100% - 16/Nov/27 493,351 0.02
1,200,000 OP Corporate Bank plc 0.125% - 1/Jul/24 1,207,754 0.05
400,000 OP Corporate Bank plc 0.500% - 12/Aug/25 406,407 0.02
300,000 OP Corporate Bank plc FRN - 9/Jun/30 307,285 0.01
500,000 Orange SA 0.000% - 29/Jun/26 496,329 0.02
100,000 Orange SA 0.000% - 4/Sep/26 99,093 0.00
340
(expressed in EUR)

Nominal Value

400,000 Orange SA 0.500% - 4/Sep/32 391,224 0.02
200,000 Orange SA 0.750% - 29/Jun/34 197,567 0.01
200,000 Orange SA 0.875% - 3/Feb/27 206,402 0.01
100,000 Orange SA 1.200% - 11/Jul/34 103,361 0.00
200,000 Orange SA 1.375% - 20/Mar/28 212,365 0.01
100,000 Orange SA 1.375% - 4/Sep/49 103,140 0.00
200,000 Orange SA 1.500% - 9/Sep/27 213,323 0.01
200,000 Orange SA 1.625% - 7/Apr/32 218,324 0.01
200,000 Orange SA 1.875% - 12/Sep/30 223,096 0.01
200,000 Orange SA 2.000% - 15/Jan/29 222,384 0.01
400,000 Orange SA 8.125% - 28/Jan/33 703,754 0.03
100,000 Orange SA - Perp. FRN - 11/May/70 98,697 0.00
400,000 Orange SA - Perp. FRN - 19/Mar/68 409,223 0.02
100,000 Origin Energy Finance Limited 1.000% - 17/Sep/29 98,385 0.00
670,000 Orlen Capital AB 2.500% - 7/Jun/23 692,834 0.03
596,000 Orsted A/S FRN - 26/Jun/13 647,409 0.03
400,000 Orsted AS 1.500% - 26/Nov/29 431,446 0.02
400,000 PepsiCo Inc. 0.400% - 9/Oct/32 387,773 0.02
500,000 PepsiCo Inc. 0.500% - 6/May/28 505,805 0.02
100,000 PepsiCo Inc. 0.750% - 18/Mar/27 102,860 0.00
200,000 PepsiCo Inc. 0.875% - 18/Jul/28 207,075 0.01
300,000 PepsiCo Inc. 1.050% - 9/Oct/50 293,858 0.01
100,000 PepsiCo Inc. 1.125% - 18/Mar/31 104,777 0.00
900,000 Pernod Ricard SA 0.500% - 24/Oct/27 911,176 0.03
100,000 Philip Morris International Inc. 0.125% - 3/Aug/26 98,502 0.00
100,000 Philip Morris International Inc. 1.875% - 6/Nov/37 99,882 0.00
700,000 Philip Morris International Inc. 2.875% - 14/May/29 803,684 0.04
200,000 Phoenix Group Holdings plc 4.375% - 24/Jan/29 232,375 0.01
200,000 Poste Italiane SpA 0.500% - 10/Dec/28 198,505 0.01
500,000 Procter & Gamble Company 1.200% - 30/Oct/28 531,478 0.02
400,000 Procter & Gamble Company 2.000% - 16/Aug/22 406,246 0.02
300,000 Procter & Gamble Company 4.875% - 11/May/27 375,966 0.02
1,300,000 Prologis Euro Finance LLC 0.250% - 10/Sep/27 1,289,751 0.06
100,000 Prologis Euro Finance LLC 0.375% - 6/Feb/28 99,632 0.00
200,000 Prologis Euro Finance LLC 0.625% - 10/Sep/31 194,502 0.01
200,000 Prologis International Funding II SA 0.875% - 9/Jul/29 203,018 0.01
300,000 Prologis LP 3.000% - 2/Jun/26 335,839 0.01
300,000 Prosus NV 1.288% - 13/Jul/29 294,825 0.01
200,000 Prosus NV 1.985% - 13/Jul/33 195,628 0.01
200,000 Prosus NV 2.031% - 3/Aug/32 198,651 0.01
341
(expressed in EUR)

Nominal Value

200,000 Proximus SA 2.375% - 4/Apr/24 211,462 0.01
640,000 PSA Banque France SA 0.625% - 10/Oct/22 644,923 0.03
500,000 PSA Tresorerie GIE 6.000% - 19/Sep/33 726,686 0.03
100,000 Pterosaur Capital Company Limited 1.000% - 25/Sep/24 98,860 0.00
200,000 PVH Corp. 3.125% - 15/Dec/27 222,667 0.01
300,000 Rabobank 1.250% - 23/Mar/26 314,785 0.01
200,000 Rabobank 1.375% - 3/Feb/27 212,852 0.01
400,000 Rabobank 2.375% - 22/May/23 415,140 0.02
900,000 Rabobank 4.125% - 14/Jul/25 1,033,166 0.04
500,000 Rabobank 4.750% - 6/Jun/22 511,160 0.02
400,000 Raiffeisen Bank International AG 0.250% - 22/Jan/25 401,765 0.02
200,000 Raiffeisen Bank International AG 0.375% - 25/Sep/26 200,928 0.01
200,000 Raiffeisen Bank International AG FRN - 17/Jun/33 198,668 0.01
100,000 RCI Banque SA 0.250% - 8/Mar/23 100,305 0.00
200,000 RCI Banque SA 0.750% - 10/Apr/23 201,418 0.01
300,000 RCI Banque SA 1.125% - 15/Jan/27 303,025 0.01
650,000 RCI Banque SA 1.625% - 11/Apr/25 672,304 0.03
430,000 RCI Banque SA 1.625% - 26/May/26 446,405 0.02
100,000 RCI Banque SA 1.750% - 10/Apr/26 104,137 0.00
300,000 Reckitt Benckiser Treasury Services Nederland BV 0.750% - 19/May/30 304,566 0.01
400,000 Red Electrica Financiaciones Sau 0.375% - 24/Jul/28 405,218 0.02
400,000 RELX Finance BV 0.000% - 18/Mar/24 400,901 0.02
400,000 RELX Finance BV 0.500% - 10/Mar/28 401,472 0.01
300,000 Ren Finance BV 1.750% - 1/Jun/23 307,451 0.01
300,000 Ren Finance BV 2.500% - 12/Feb/25 322,460 0.01
300,000 Rentokil Initial plc 0.500% - 14/Oct/28 297,856 0.01
400,000 Repsol Europe Finance Sarl 0.375% - 6/Jul/29 394,298 0.02
200,000 Repsol International Finance BV 0.125% - 5/Oct/24 200,976 0.01
200,000 Repsol International Finance BV 0.250% - 2/Aug/27 199,339 0.01
1,000,000 Repsol International Finance BV 2.250% - 10/Dec/26 1,101,774 0.03
400,000 Richemont International Holding SA 1.125% - 26/May/32 417,241 0.02
300,000 Richemont International Holding SA 1.500% - 26/Mar/30 322,676 0.01
400,000 Robert Bosch Investment Nederland BV 2.625% - 24/May/28 463,584 0.02
200,000 Royal Bank of Canada 0.125% - 23/Jul/24 200,818 0.01
500,000 Royal Schiphol Group NV 0.375% - 8/Sep/27 499,787 0.03
100,000 Royal Schiphol Group NV 0.750% - 22/Apr/33 97,195 0.00
300,000 Royal Schiphol Group NV 2.000% - 6/Apr/29 330,493 0.02
1,300,000 RTE Reseau de Transport d’Electricite SA 1.000% - 19/Oct/26 1,347,440 0.05
100,000 RTE Reseau de Transport d’Electricite SA 1.125% - 9/Sep/49 97,265 0.00
900,000 RTE Reseau de Transport d’Electricite SA 1.625% - 27/Nov/25 950,599 0.04
400,000 RTE Reseau de Transport d’Electricite SADIR 0.000% - 9/Sep/27 392,980 0.02
200,000 Russian Railways Via RZD Capital plc 2.200% - 23/May/27 208,310 0.01
200,000 RWE AG 1.000% - 26/Nov/33 199,360 0.01
200,000 Ryanair DAC 0.875% - 25/May/26 200,306 0.01
200,000 Ryanair DAC 2.875% - 15/Sep/25 215,736 0.01
200,000 Sagax Euro MTN BV 0.750% - 26/Jan/28 194,872 0.01
342
(expressed in EUR)

Nominal Value

100,000 Samhallsbyggnadsbolaget i Norden AB 1.000% - 12/Aug/27 99,127 0.00
100,000 Samhallsbyggnadsbolaget i Norden AB 1.125% - 4/Sep/26 100,966 0.00
300,000 Sampo Oyj FRN - 3/Sep/52 314,818 0.01
800,000 Sanofi 0.500% - 13/Jan/27 815,754 0.03
1,200,000 Sanofi 0.625% - 5/Apr/24 1,220,265 0.06
500,000 Sanofi 1.000% - 1/Apr/25 516,952 0.02
500,000 Sanofi 1.375% - 21/Mar/30 541,430 0.02
500,000 Sanofi 1.500% - 1/Apr/30 545,818 0.02
300,000 Sanofi 1.750% - 10/Sep/26 323,854 0.01
100,000 Santander Consumer Bank AS 0.125% - 14/Apr/26 99,051 0.00
900,000 Santander Consumer Finance SA 0.375% - 27/Jun/24 907,319 0.05
400,000 Santander UK Group Holdings plc FRN - 28/Feb/25 402,933 0.02
300,000 SAP SE 0.375% - 18/May/29 302,243 0.01
200,000 SAP SE 0.750% - 10/Dec/24 204,973 0.01
400,000 SAP SE 1.000% - 13/Mar/26 415,542 0.02
500,000 SAP SE 1.125% - 20/Feb/23 506,778 0.02
200,000 SAP SE 1.250% - 10/Mar/28 212,606 0.01
300,000 SAP SE 1.625% - 10/Mar/31 330,453 0.01
200,000 SBB Treasury Oyj 0.750% - 14/Dec/28 191,418 0.01
100,000 SBB Treasury Oyj 1.125% - 26/Nov/29 96,878 0.00
100,000 Schlumberger Finance BV 0.000% - 15/Oct/24 100,124 0.00
100,000 Schlumberger Finance BV 0.500% - 15/Oct/31 97,479 0.00
400,000 Schlumberger Finance BV 2.000% - 6/May/32 444,076 0.03
2,700,000 Schneider Electric SE 0.250% - 9/Sep/24 2,726,808 0.11
200,000 Schneider Electric SE 0.875% - 11/Mar/25 205,792 0.01
740,000 Selp Finance Sarl 1.250% - 25/Oct/23 754,571 0.03
1,050,000 SES SA 0.875% - 4/Nov/27 1,054,614 0.04
100,000 SGS Nederland Holding BV 0.125% - 21/Apr/27 99,326 0.00
200,000 Shell International Finance BV 0.500% - 11/May/24 202,946 0.01
400,000 Shell International Finance BV 0.875% - 8/Nov/39 367,883 0.01
400,000 Shell International Finance BV 1.250% - 11/Nov/32 416,034 0.02
550,000 Shell International Finance BV 1.625% - 20/Jan/27 588,519 0.02
200,000 Siemens Financieringsmaatschappij NV 0.000% - 20/Feb/23 200,895 0.01
100,000 Siemens Financieringsmaatschappij NV 0.000% - 5/Sep/24 100,550 0.00
200,000 Siemens Financieringsmaatschappij NV 0.250% - 5/Jun/24 202,239 0.01
200,000 Siemens Financieringsmaatschappij NV 0.375% - 5/Jun/26 203,118 0.01
300,000 Simon International Finance SCA 1.250% - 13/May/25 309,373 0.01
200,000 Sirius Real Estate Limited 1.750% - 24/Nov/28 198,594 0.01
200,000 Six Finance Luxembourg SA 0.000% - 2/Dec/25 199,174 0.01
200,000 Skandinaviska Enskilda Banken AB 0.250% - 19/May/23 201,504 0.01
343
(expressed in EUR)

Nominal Value

400,000 Skandinaviska Enskilda Banken AB 0.625% - 12/Nov/29 402,701 0.02
100,000 Skf AB 0.250% - 15/Feb/31 95,125 0.00
500,000 Sky Limited 2.500% - 15/Sep/26 553,395 0.03
200,000 Smiths Group plc 1.250% - 28/Apr/23 202,824 0.01
200,000 Snam SpA 0.000% - 7/Dec/28 192,595 0.01
200,000 Snam SpA 0.625% - 30/Jun/31 197,730 0.01
570,000 Snam SpA 0.875% - 25/Oct/26 585,928 0.02
100,000 Snam SpA 1.000% - 12/Sep/34 100,330 0.00
400,000 SNCF Reseau 2.250% - 20/Dec/47 501,142 0.02
800,000 SNCF Reseau 5.000% - 10/Oct/33 1,204,496 0.06
400,000 SNCF SA 0.625% - 17/Apr/30 410,213 0.02
200,000 SNCF SA 1.000% - 25/May/40 197,780 0.01
800,000 Societe de Financement Local SA 0.125% - 18/Oct/24 809,377 0.03
200,000 Societe Generale SA 0.125% - 18/Feb/28 195,935 0.01
200,000 Societe Generale SA 0.750% - 25/Jan/27 201,622 0.01
200,000 Societe Generale SA 0.875% - 24/Sep/29 200,891 0.01
200,000 Societe Generale SA FRN - 24/Nov/30 200,025 0.01
700,000 Societe Generale SA FRN - 21/Apr/26 718,330 0.03
200,000 Societe Generale SA FRN - 30/Jun/31 199,723 0.01
600,000 Societe Generale SA 1.750% - 22/Mar/29 638,025 0.03
200,000 Societe Generale SA 2.625% - 27/Feb/25 214,017 0.01
100,000 Sodexo SA 0.500% - 17/Jan/24 101,248 0.00
200,000 Sodexo SA 0.750% - 27/Apr/25 204,402 0.01
100,000 Sodexo SA 1.000% - 17/Jul/28 104,384 0.00
200,000 Sodexo SA 1.000% - 27/Apr/29 208,660 0.01
300,000 Solvay SA 2.750% - 2/Dec/27 338,471 0.01
200,000 Southern Company FRN - 15/Sep/81 194,809 0.01
800,000 Spp Infrastructure Financing BV 2.625% - 12/Feb/25 856,156 0.04
300,000 SSE plc 1.750% - 16/Apr/30 324,076 0.01
100,000 SSE plc - Perp. FRN - 14/Jul/69 107,326 0.00
700,000 Standard Chartered plc FRN - 27/Jan/28 707,283 0.03
200,000 Standard Chartered plc FRN - 23/Sep/31 199,703 0.01
150,000 Standard Chartered plc 3.125% - 19/Nov/24 161,992 0.01
500,000 State Grid Europe Development plc 2.450% - 26/Jan/27 544,959 0.02
900,000 State Grid Overseas Investment 2016 Limited 0.797% - 5/Aug/26 916,046 0.04
400,000 Statkraft AS 1.500% - 26/Mar/30 431,575 0.02
300,000 Statkraft AS 2.500% - 28/Nov/22 307,724 0.01
100,000 Stedin Holding NV - Perp. FRN - 31/Mar/70 100,727 0.00
400,000 Stellantis NV 0.750% - 18/Jan/29 395,301 0.02
344
(expressed in EUR)

Nominal Value

400,000 Stellantis NV 1.125% - 18/Sep/29 404,420 0.02
200,000 Stellantis NV 1.250% - 20/Jun/33 195,408 0.01
400,000 Stellantis NV 2.750% - 15/May/26 437,305 0.02
200,000 Stellantis NV 3.875% - 5/Jan/26 225,509 0.01
200,000 Stellantis NV 4.500% - 7/Jul/28 243,761 0.01
300,000 Stora Enso Oyj 2.500% - 21/Mar/28 334,407 0.01
1,000,000 Stryker Corp. 0.250% - 3/Dec/24 1,005,352 0.04
300,000 Stryker Corp. 0.750% - 1/Mar/29 302,237 0.01
500,000 Sudzucker International Finance BV 1.250% - 29/Nov/23 510,413 0.02
600,000 Suez SA - Perp. FRN - 12/Sep/68 604,811 0.02
300,000 Suez SA - Perp. FRN - 19/Apr/66 312,860 0.01
100,000 Sumitomo Mitsui Financial Group Inc. 0.303% - 28/Oct/27 98,797 0.00
200,000 Svenska Handelsbanken AB 0.010% - 2/Dec/27 195,301 0.01
100,000 Svenska Handelsbanken AB 0.050% - 3/Sep/26 99,204 0.00
400,000 Svenska Handelsbanken AB 0.125% - 18/Jun/24 402,663 0.02
300,000 Svenska Handelsbanken AB 0.500% - 18/Feb/30 296,698 0.01
300,000 Svenska Handelsbanken AB 1.125% - 14/Dec/22 304,582 0.01
200,000 Swedbank AB 0.750% - 5/May/25 204,630 0.01
200,000 Swiss Re Finance Luxembourg SA FRN - 30/Apr/50 215,616 0.01
300,000 Sydney Airport Finance Company Pty Limited 1.750% - 26/Apr/28 314,017 0.01
1,300,000 Syngenta Finance NV 1.250% - 10/Sep/27 1,311,994 0.05
200,000 Syngenta Finance NV 3.375% - 16/Apr/26 218,728 0.01
400,000 Takeda Pharmaceutical Company Limited 1.000% - 9/Jul/29 410,166 0.02
300,000 Takeda Pharmaceutical Company Limited 2.250% - 21/Nov/26 327,431 0.01
300,000 Takeda Pharmaceutical Company Limited 3.000% - 21/Nov/30 356,359 0.01
1,700,000 Talanx AG 2.500% - 23/Jul/26 1,892,078 0.09
200,000 Talanx Finanz Luxembourg AG FRN - 15/Jun/42 207,549 0.01
200,000 Tauron Polska Energia SA 2.375% - 5/Jul/27 206,232 0.01
200,000 Tdf Infrastructure SAS 2.500% - 7/Apr/26 212,729 0.01
300,000 Telefonica Emisiones SA 0.664% - 3/Feb/30 301,828 0.01
200,000 Telefonica Emisiones SA 1.069% - 5/Feb/24 204,709 0.01
600,000 Telefonica Emisiones SA 1.201% - 21/Aug/27 628,059 0.03
200,000 Telefonica Emisiones SA 1.788% - 12/Mar/29 217,880 0.01
100,000 Telefonica Emisiones SA 1.864% - 13/Jul/40 109,125 0.00
800,000 Telefonica Emisiones SA 1.930% - 17/Oct/31 889,528 0.04
250,000 Telefonica Europe BV 5.875% - 14/Feb/33 378,251 0.02
500,000 Telenor ASA 0.250% - 14/Feb/28 495,709 0.02
100,000 Telenor ASA 0.625% - 25/Sep/31 99,487 0.00
200,000 Telenor ASA 0.875% - 14/Feb/35 199,316 0.01
200,000 Teleperformance 0.250% - 26/Nov/27 196,570 0.01
200,000 Telia Company AB 0.125% - 27/Nov/30 190,687 0.01
480,000 Telia Company AB 1.625% - 23/Feb/35 514,232 0.02
100,000 Telia Company AB FRN - 4/Apr/78 103,222 0.00
300,000 Telstra Corp. Limited 1.125% - 14/Apr/26 311,185 0.01
345
(expressed in EUR)

Nominal Value

200,000 Telstra Corp. Limited 2.500% - 15/Sep/23 209,244 0.01
100,000 TenneT Holding BV 0.125% - 9/Dec/27 99,366 0.00
1,100,000 TenneT Holding BV 1.250% - 24/Oct/33 1,161,195 0.06
100,000 Terna - Rete Elettrica Nazionale 0.125% - 25/Jul/25 100,059 0.00
600,000 Terna - Rete Elettrica Nazionale 1.000% - 11/Oct/28 619,329 0.02
600,000 Terna - Rete Elettrica Nazionale 4.900% - 28/Oct/24 683,985 0.03
200,000 Tesco Corporate Treasury Services plc 0.375% - 27/Jul/29 192,258 0.01
600,000 Tesco Corporate Treasury Services plc 0.875% - 29/May/26 610,799 0.03
300,000 Thermo Fisher Scientific Finance BV 1.125% - 18/Oct/33 305,201 0.01
200,000 Thermo Fisher Scientific Inc. 0.125% - 1/Mar/25 200,460 0.01
400,000 Thermo Fisher Scientific Inc. 0.800% - 18/Oct/30 403,539 0.02
800,000 Thermo Fisher Scientific Inc. 1.400% - 23/Jan/26 837,597 0.02
750,000 Thermo Fisher Scientific Inc. 2.000% - 15/Apr/25 793,620 0.03
100,000 Thermo Fisher Scientific Inc. 2.875% - 24/Jul/37 121,641 0.00
100,000 Tikehau Capital Sca 1.625% - 31/Mar/29 98,763 0.00
700,000 Toronto-Dominion Bank 0.375% - 25/Apr/24 707,040 0.03
600,000 TotalEnergies Capital Canada Limited 2.125% - 18/Sep/29 671,962 0.03
300,000 TotalEnergies Capital International Limited 0.250% - 12/Jul/23 302,383 0.01
200,000 TotalEnergies Capital International Limited 0.750% - 12/Jul/28 204,729 0.01
300,000 TotalEnergies Capital International Limited 1.375% - 4/Oct/29 319,556 0.01
500,000 TotalEnergies Capital International Limited 1.535% - 31/May/39 532,215 0.02
200,000 TotalEnergies Capital International Limited 1.618% - 18/May/40 214,207 0.01
300,000 TotalEnergies Capital International Limited 1.994% - 8/Apr/32 336,757 0.01
400,000 TotalEnergies SE 0.696% - 31/May/28 408,328 0.02
600,000 TotalEnergies SE - Perp. FRN - 25/Jan/70 596,278 0.02
200,000 TotalEnergies SE - Perp. FRN - 4/Apr/68 204,209 0.01
100,000 TotalEnergies SE - Perp. FRN - 4/Sep/69 98,769 0.00
560,000 TotalEnergies SE - Perp. FRN - 29/Dec/49 587,072 0.02
265,000 TotalEnergies SE - Perp. FRN - 6/Oct/66 289,135 0.01
1,500,000 Toyota Finance Australia Limited 0.250% - 9/Apr/24 1,511,994 0.07
500,000 Toyota Finance Australia Limited 2.280% - 21/Oct/27 555,232 0.02
100,000 Toyota Motor Credit Corp. 0.125% - 5/Nov/27 98,654 0.00
500,000 Toyota Motor Credit Corp. 0.250% - 16/Jul/26 500,925 0.02
346
(expressed in EUR)

Nominal Value

200,000 Transurban Finance Company Pty Limited 1.450% - 16/May/29 208,700 0.01
300,000 Transurban Finance Company Pty Limited 1.875% - 16/Sep/24 313,880 0.01
200,000 Transurban Finance Company Pty Limited 3.000% - 8/Apr/30 231,963 0.01
200,000 UBS AG 0.010% - 31/Mar/26 198,331 0.01
200,000 UBS AG 0.010% - 29/Jun/26 198,394 0.01
200,000 UBS AG 0.500% - 31/Mar/31 197,042 0.01
600,000 UBS AG 0.750% - 21/Apr/23 607,370 0.02
200,000 UBS Group AG 0.250% - 24/Feb/28 197,048 0.01
250,000 UBS Group AG FRN - 5/Nov/28 245,971 0.01
200,000 UBS Group AG 0.625% - 24/Feb/33 194,550 0.01
1,280,000 UBS Group AG 1.500% - 30/Nov/24 1,319,031 0.05
2,000,000 UBS Group Funding 1.250% - 1/Sep/26 2,080,598 0.07
300,000 UBS Group Funding Switzerland AG FRN - 17/Apr/25 308,102 0.01
200,000 UBS Group Funding Switzerland AG 1.750% - 16/Nov/22 203,914 0.01
200,000 UBS Group Funding Switzerland AG 2.125% - 4/Mar/24 209,478 0.01
800,000 Unedic Asseo 0.250% - 25/Nov/29 807,789 0.03
1,100,000 Unibail-Rodamco-Westfield SE 0.750% - 25/Oct/28 1,100,685 0.05
200,000 Unibail-Rodamco-Westfield SE 1.000% - 27/Feb/27 205,376 0.01
600,000 Unibail-Rodamco-Westfield SE 1.125% - 15/Sep/25 615,952 0.02
200,000 Unibail-Rodamco-Westfield SE 1.375% - 4/Dec/31 205,213 0.01
300,000 Unibail-Rodamco-Westfield SE 1.750% - 27/Feb/34 312,012 0.01
400,000 Unibail-Rodamco-Westfield SE 2.000% - 29/Jun/32 433,606 0.02
300,000 Unibail-Rodamco-Westfield SE - Perp. FRN - 25/Oct/66 297,608 0.01
200,000 UniCredit SpA 0.325% - 19/Jan/26 198,512 0.01
250,000 UniCredit SpA FRN - 20/Jan/26 254,132 0.01
700,000 UniCredit SpA FRN - 25/Jun/25 717,168 0.03
1,300,000 UniCredit SpA 2.125% - 24/Oct/26 1,395,228 0.05
400,000 UniCredit SpA FRN - 22/Jul/27 422,413 0.02
1,000,000 Unilever NV 0.500% - 29/Apr/24 1,015,661 0.04
800,000 Unilever NV 1.625% - 12/Feb/33 886,148 0.04
300,000 Unilever plc 1.500% - 11/Jun/39 326,181 0.01
100,000 Uniqa Insurance Group AG FRN - 27/Jul/46 122,514 0.00
100,000 Uniqa Insurance Group AG FRN - 31/Jul/43 110,707 0.00
200,000 United Parcel Service Inc. 1.500% - 15/Nov/32 214,465 0.01
200,000 Upjohn Finance BV 1.362% - 23/Jun/27 206,542 0.01
500,000 Upjohn Finance BV 1.908% - 23/Jun/32 524,418 0.02
400,000 UPM-Kymmene Oyj 0.125% - 19/Nov/28 390,433 0.02
200,000 Urenco Finance NV 2.375% - 2/Dec/24 212,617 0.01
570,000 Utah Acquisition Sub Inc. 2.250% - 22/Nov/24 602,468 0.02
100,000 Vantage Towers AG 0.000% - 31/Mar/25 99,052 0.00
600,000 Vattenfall AB 0.050% - 15/Oct/25 599,324 0.02
347
(expressed in EUR)

Nominal Value

600,000 Veolia Environnement SA 1.250% - 15/Apr/28 633,214 0.03
700,000 Veolia Environnement SA 1.590% - 10/Jan/28 753,210 0.03
300,000 Veolia Environnement SA 6.125% - 25/Nov/33 476,273 0.02
100,000 Verbund AG 0.900% - 1/Apr/41 101,567 0.00
200,000 Verizon Communications Inc. 0.875% - 8/Apr/27 205,480 0.01
200,000 Verizon Communications Inc. 0.875% - 19/Mar/32 198,499 0.01
200,000 Verizon Communications Inc. 1.300% - 18/May/33 205,093 0.01
810,000 Verizon Communications Inc. 1.375% - 27/Oct/26 853,101 0.03
200,000 Verizon Communications Inc. 1.375% - 2/Nov/28 211,941 0.01
200,000 Verizon Communications Inc. 1.850% - 18/May/40 210,435 0.01
320,000 Verizon Communications Inc. 2.625% - 1/Dec/31 373,962 0.02
400,000 Verizon Communications Inc. 2.875% - 15/Jan/38 479,914 0.02
700,000 Verizon Communications Inc. 3.250% - 17/Feb/26 788,909 0.03
400,000 VF Corp. 0.250% - 25/Feb/28 392,368 0.03
100,000 VGP NV 1.500% - 8/Apr/29 97,987 0.00
200,000 Vienna Insurance Group AG FRN - 2/Mar/46 223,134 0.01
200,000 Vienna Insurance Group AG FRN - 9/Oct/43 218,192 0.01
600,000 Vier Gas Transport 2.875% - 12/Jun/25 658,588 0.03
200,000 Vinci SA 0.000% - 27/Nov/28 195,558 0.01
400,000 Vinci SA 0.500% - 9/Jan/32 396,875 0.02
200,000 Vinci SA 1.625% - 18/Jan/29 217,039 0.01
200,000 Vivendi SA 1.875% - 26/May/26 215,321 0.01
1,070,000 Vodafone Group plc 1.600% - 29/Jul/31 1,136,248 0.06
760,000 Vodafone Group plc 1.875% - 11/Sep/25 807,849 0.03
200,000 Vodafone Group plc 2.200% - 25/Aug/26 218,285 0.01
300,000 Vodafone Group plc 2.500% - 24/May/39 340,016 0.01
200,000 Volkswagen Financial Services AG 0.125% - 12/Feb/27 195,777 0.01
200,000 Volkswagen Financial Services AG 0.375% - 12/Feb/30 191,938 0.01
170,000 Volkswagen Financial Services AG 3.375% - 6/Apr/28 197,753 0.01
300,000 Volkswagen International Finance NV 1.250% - 23/Sep/32 312,117 0.01
800,000 Volkswagen International Finance NV 1.875% - 30/Mar/27 859,048 0.03
500,000 Volkswagen International Finance NV 2.625% - 16/Nov/27 562,235 0.02
100,000 Volkswagen International Finance NV 3.300% - 22/Mar/33 123,412 0.00
400,000 Volkswagen International Finance NV 4.125% - 16/Nov/38 556,525 0.02
400,000 Volkswagen International Finance NV - Perp. FRN - 29/Dec/99 431,075 0.02
500,000 Volkswagen International Finance NV - Perp. FRN - 17/Jun/69 533,822 0.02
500,000 Volkswagen International Finance NV - Perp. FRN - 24/Mar/49 560,240 0.02
500,000 Volkswagen Leasing GmbH 0.375% - 20/Jul/26 499,269 0.02
200,000 Volvo Treasury AB 1.625% - 26/May/25 209,936 0.01
320,000 Volvo Treasury AB FRN - 10/Mar/78 336,880 0.01
348
(expressed in EUR)

Nominal Value

100,000 Vonovia Finance BV 0.500% - 14/Sep/29 98,195 0.00
100,000 Vonovia Finance BV 0.625% - 9/Jul/26 101,018 0.00
200,000 Vonovia Finance BV 1.000% - 28/Jan/41 177,720 0.01
100,000 Vonovia Finance BV 1.125% - 14/Sep/34 97,539 0.00
300,000 Vonovia Finance BV 1.500% - 14/Jan/28 315,867 0.01
600,000 Vonovia Finance BV 2.125% - 22/Mar/30 660,708 0.03
300,000 Vonovia Finance BV 2.750% - 22/Mar/38 347,754 0.01
600,000 Vonovia SE 0.375% - 16/Jun/27 594,298 0.02
300,000 Vonovia SE 0.625% - 14/Dec/29 295,820 0.01
300,000 Vonovia SE 0.750% - 1/Sep/32 290,821 0.01
300,000 Vonovia SE 1.000% - 16/Jun/33 294,558 0.02
200,000 Vonovia SE 1.625% - 1/Sep/51 184,496 0.01
500,000 Walgreens Boots Alliance Inc. 2.125% - 20/Nov/26 535,499 0.02
550,000 WellCome Trust Limited 1.125% - 21/Jan/27 580,879 0.03
100,000 Wendel SE 1.000% - 1/Jun/31 100,104 0.00
600,000 Wendel SE 1.375% - 26/Apr/26 627,746 0.03
100,000 Westlake Chemical Corp. 1.625% - 17/Jul/29 103,694 0.00
200,000 Westpac Banking Corp. FRN - 13/May/31 197,733 0.01
300,000 Westpac Banking Corp. 0.875% - 17/Apr/27 309,359 0.01
300,000 Westpac Securities Limited 0.100% - 13/Jul/27 293,634 0.01
200,000 Wintershall Dea Finance BV 0.452% - 25/Sep/23 201,503 0.01
150,000 Wirtschafts-und Infrastrukturbank Hessen 1.750% - 6/Dec/22 153,170 0.01
200,000 WPC Eurobond BV 1.350% - 15/Apr/28 203,192 0.01
100,000 WPP Finance 1.625% - 23/Mar/30 107,554 0.00
350,000 WPP Finance 2.250% - 22/Sep/26 383,966 0.02
200,000 Wurth Finance International BV 0.750% - 22/Nov/27 206,177 0.01
100,000 Yorkshire Building Society 0.500% - 1/Jul/28 99,351 0.00
400,000 Zimmer Biomet Holdings Inc. 1.164% - 15/Nov/27 408,612 0.02
200,000 Zuercher Kantonalbank 0.000% - 15/May/26 199,468 0.01
200,000 Zurich Finance Ireland Designated Activity Company 1.625% - 17/Jun/39 216,414 0.01
590,506,580 23.78
Total Bonds 590,506,580 23.78
Total Net Assets 2,482,706,090 100.00
349
Sector % NAV
Governments 72.21
Banks 7.74
Insurance 1.11
Transportation 1.00
Chemicals 0.75
Beverages 0.49
Medical 0.39
Food 0.36
Software 0.36
Real estate 0.34
Retail 0.18
Tobacco 0.16
Industrials 0.13
Consumer goods 0.12
Advertising 0.08
Media 0.07
Food services 0.06
Apparel 0.06
Textiles 0.06
Restaurants 0.05
Machinery 0.05
Airlines 0.04
Semiconductors 0.03
Gas 0.03
350
Sector % NAV
Pipelines 0.03
Municipal 0.03
Lodging 0.02
351
(expressed in EUR)

Nominal Value
1,200,000 Adif Alta Velocidad 0.550% - 30/Apr/30 1,208,977 0.52
1,000,000 Adif Alta Velocidad 0.550% - 31/Oct/31 987,921 0.43
2,000,000 Auckland Council 0.250% - 17/Nov/31 1,962,997 0.85
1,000,000 Autonomous Community of Madrid 0.827% - 30/Jul/27 1,040,795 0.45
1,300,000 CBRE Global Investors Open-Ended Fund - Pan European Core Fund 0.900% - 12/Oct/29 1,285,021 0.56
900,000 Chile (Govt of ) 0.830% - 2/Jul/31 900,495 0.39
2,000,000 Chile (Govt of ) 1.250% - 29/Jan/40 1,946,750 0.84
1,000,000 European Investment Bank 0.010% - 15/Nov/35 949,811 0.41
3,000,000 Hong Kong (Govt of ) 0.000% - 24/Nov/26 2,982,498 1.29
7,150,000 Italy (Govt of ) 1.500% - 30/Apr/45 6,708,061 2.92
2,100,000 Kommunekredit 0.625% - 21/Nov/39 2,097,187 0.91
2,350,000 Spain (Govt of ) 1.000% - 30/Jul/42 2,288,571 0.99
45,416,107 19.69
EUR Bonds
850,000 A2A SpA 1.000% - 16/Jul/29 875,220 0.38
1,850,000 A2A SpA 1.000% - 2/Nov/33 1,837,980 0.80
2,000,000 ABN Amro Bank NV 0.500% - 23/Sep/29 1,978,867 0.86
800,000 Acciona Energia Financiacion Filiales SA 0.375% - 7/Oct/27 791,859 0.34
1,500,000 Acea SpA 0.250% - 28/Jul/30 1,445,018 0.63
1,350,000 Alliander NV 0.375% - 10/Jun/30 1,348,053 0.58
500,000 AP Moller - Maersk AS 0.750% - 25/Nov/31 496,433 0.22
1,000,000 Assicurazioni Generali SpA 2.429% - 14/Jul/31 1,062,539 0.46
1,000,000 Axa Logistics Europe Master Sca 0.375% - 15/Nov/26 988,024 0.43
950,000 Axa Logistics Europe Master Sca 0.875% - 15/Nov/29 931,984 0.40
1,500,000 AXA SA FRN - 7/Oct/41 1,468,918 0.64
1,900,000 Banco Bilbao Vizcaya Argentaria SA 1.000% - 21/Jun/26 1,948,697 0.84
1,100,000 Banco Santander SA 0.300% - 4/Oct/26 1,101,164 0.48
2,000,000 Banco Santander SA FRN - 24/Jun/29 1,980,730 0.86
1,300,000 Banco Santander SA 1.125% - 23/Jun/27 1,337,925 0.58
1,400,000 Bankinter SA 0.625% - 6/Oct/27 1,397,473 0.61
1,800,000 Banque Federative du Credit Mutuel SA 0.100% - 8/Oct/27 1,770,823 0.77
1,900,000 Banque Federative du Credit Mutuel SA 0.250% - 29/Jun/28 1,874,672 0.81
1,900,000 Belfius Bank SA 0.375% - 8/Jun/27 1,890,076 0.82
1,200,000 Berlin Hyp AG 0.500% - 5/Nov/29 1,214,318 0.53
1,000,000 Berlin Hyp AG 1.125% - 25/Oct/27 1,044,570 0.45
1,900,000 BNP Paribas SA FRN - 14/Oct/27 1,888,335 0.82
1,400,000 BNP Paribas SA FRN - 4/Jun/26 1,413,566 0.61
352
(expressed in EUR)

Nominal Value

1,500,000 BNP Paribas SA FRN - 30/May/28 1,490,904 0.65
1,700,000 CaixaBank SA FRN - 18/Nov/26 1,692,441 0.73
1,500,000 Canary Wharf Group Investment Holdings plc 1.750% - 7/Apr/26 1,516,497 0.66
1,100,000 Ceska Sporitelna AS FRN - 13/Sep/28 1,079,045 0.47
2,000,000 CNP Assurances FRN - 27/Jul/50 2,073,224 0.89
200,000 Commerzbank AG FRN - 24/Mar/26 203,046 0.09
1,000,000 Cooperatieve Rabobank UA 0.250% - 30/Oct/26 1,005,235 0.44
1,700,000 Covivio 1.125% - 17/Sep/31 1,733,349 0.75
1,250,000 CPI Property Group SA 1.625% - 23/Apr/27 1,277,201 0.55
1,000,000 CPI Property Group SA 2.750% - 12/May/26 1,075,321 0.47
1,300,000 Credit Agricole SA 0.375% - 21/Oct/25 1,311,099 0.57
550,000 Credit Suisse AG 0.450% - 19/May/25 554,971 0.24
2,150,000 Daimler AG 0.750% - 11/Mar/33 2,168,378 0.94
2,100,000 De Volksbank NV 0.250% - 22/Jun/26 2,086,513 0.90
2,000,000 De Volksbank NV 0.375% - 3/Mar/28 1,966,199 0.85
1,000,000 Deutsche Bank AG FRN - 10/Jun/26 1,040,551 0.45
600,000 Deutsche Kreditbank AG 0.010% - 23/Feb/26 596,374 0.26
800,000 Digital Dutch Finco BV 0.625% - 15/Jul/25 810,023 0.35
1,750,000 Digital Dutch Finco BV 1.000% - 15/Jan/32 1,703,258 0.74
1,250,000 Digital Dutch Finco BV 1.500% - 15/Mar/30 1,299,396 0.56
1,000,000 Digital Euro Finco LLC 2.500% - 16/Jan/26 1,080,568 0.47
1,900,000 Dz Bank AG 0.400% - 17/Nov/28 1,888,442 0.82
1,500,000 E.On SE 0.600% - 1/Oct/32 1,500,509 0.65
1,450,000 E.ON SE 0.350% - 28/Feb/30 1,441,215 0.62
500,000 E.ON SE 0.375% - 29/Sep/27 504,016 0.22
1,300,000 Electricite de France SA 1.000% - 29/Nov/33 1,290,968 0.56
1,900,000 Enbw Energie Baden-Wuerttemberg AG FRN - 31/Aug/81 1,860,504 0.80
1,500,000 Enexis Holding NV 0.375% - 14/Apr/33 1,449,304 0.63
1,350,000 Enexis Holding NV 0.625% - 17/Jun/32 1,354,390 0.58
1,100,000 Engie SA 0.375% - 21/Jun/27 1,103,637 0.48
1,100,000 Engie SA 0.500% - 24/Oct/30 1,089,942 0.47
600,000 Engie SA 1.375% - 21/Jun/39 623,189 0.27
1,200,000 Engie SA 1.750% - 27/Mar/28 1,296,118 0.56
1,000,000 Engie SA - Perp. FRN - 28/Feb/67 1,076,571 0.47
1,000,000 Equinix Inc. 0.250% - 15/Mar/27 983,400 0.43
1,000,000 Equinix Inc. 1.000% - 15/Mar/33 962,845 0.42
1,800,000 ERG SpA 0.500% - 11/Sep/27 1,797,701 0.78
2,600,000 ERG SpA 0.875% - 15/Sep/31 2,563,965 1.12
1,000,000 ERG SpA 1.875% - 11/Apr/25 1,049,580 0.45
700,000 ESB Finance DAC 1.125% - 11/Jun/30 733,590 0.32
900,000 Eurogrid GmbH 1.113% - 15/May/32 936,484 0.41
1,800,000 Fluvius System Operator CVBA 0.250% - 2/Dec/30 1,740,274 0.75
700,000 Iberdrola Finanzas 1.250% - 13/Sep/27 745,023 0.32
1,200,000 Iberdrola Finanzas SA - Perp. FRN - 16/Nov/70 1,196,287 0.52
353
(expressed in EUR)

Nominal Value

2,000,000 Iberdrola International BV - Perp. FRN - 22/May/66 2,043,816 0.90
400,000 Iberdrola International BV - Perp. FRN - 26/Mar/67 420,260 0.18
1,500,000 Iberdrola International BV - Perp. FRN - 12/Feb/68 1,613,815 0.70
3,000,000 Ile-De-France Mobilites 0.675% - 24/Nov/36 2,962,242 1.28
1,300,000 ING Groep NV FRN - 9/Jun/32 1,291,496 0.56
2,000,000 Intesa Sanpaolo SpA 0.750% - 16/Mar/28 1,996,993 0.87
550,000 Iren SpA 0.875% - 14/Oct/29 554,271 0.24
2,000,000 KBC Group NV FRN - 16/Jun/27 2,006,365 0.87
2,200,000 Kojamo Oyj 0.875% - 28/May/29 2,175,178 0.94
1,400,000 Kutxabank SA 0.500% - 14/Oct/27 1,388,730 0.60
1,800,000 La Poste SA 1.450% - 30/Nov/28 1,934,855 0.84
1,900,000 Landesbank Baden-Wuerttemberg 0.250% - 21/Jul/28 1,868,019 0.81
1,900,000 Landesbank Hessen-Thueringen Girozentrale 0.375% - 4/Jun/29 1,868,464 0.81
700,000 Lar Espana Real Estate Socimi SA 1.843% - 3/Nov/28 705,027 0.31
1,200,000 Leaseplan Corp. NV 0.250% - 7/Sep/26 1,184,315 0.51
700,000 LeasePlan Corp. NV 3.500% - 9/Apr/25 774,537 0.34
1,000,000 Mediobanca Banca di Credito Finanziario SpA 1.000% - 8/Sep/27 1,017,946 0.44
1,250,000 Mitsubishi UFJ Financial Group Inc. 0.848% - 19/Jul/29 1,273,353 0.55
1,000,000 Nationale-Nederlanden Bank NV 0.500% - 21/Sep/28 991,191 0.43
1,500,000 Nederlandse Waterschapsbank NV 0.000% - 2/Oct/34 1,423,892 0.62
1,400,000 NIBC Bank NV 0.250% - 9/Sep/26 1,380,993 0.60
400,000 Nidec Corp. 0.046% - 30/Mar/26 397,654 0.17
1,400,000 Nordea Bank Abp 0.500% - 19/Mar/31 1,393,963 0.60
2,000,000 Orsted AS FRN - 18/Feb/21 1,973,300 0.86
1,500,000 Orsted AS FRN - 9/Dec/19 1,537,242 0.67
650,000 PostNL NV 0.625% - 23/Sep/26 660,683 0.29
1,350,000 Prologis Euro Finance LLC 0.375% - 6/Feb/28 1,345,037 0.58
650,000 Prologis International Funding II SA 1.625% - 17/Jun/32 681,161 0.30
1,500,000 Prologis International Funding II SA 2.375% - 14/Nov/30 1,685,498 0.73
900,000 Proximus SA 0.750% - 17/Nov/36 880,736 0.38
1,300,000 Raiffeisen Bank International AG 0.375% - 25/Sep/26 1,306,032 0.57
1,500,000 Raiffeisenbank AS FRN - 9/Jun/28 1,494,481 0.65
1,900,000 Red Electrica Financiaciones Sau 0.500% - 24/May/33 1,893,279 0.82
1,000,000 Russian Railways Via RZD Capital plc 2.200% - 23/May/27 1,041,552 0.45
2,300,000 RWE AG 0.500% - 26/Nov/28 2,301,725 1.00
2,000,000 RWE AG 1.000% - 26/Nov/33 1,993,601 0.86
1,000,000 Sato Oyj 1.375% - 24/Feb/28 1,025,919 0.44
800,000 Sbab Bank Ab 0.125% - 27/Aug/26 796,923 0.35
1,950,000 Segro Capital Sarl 0.500% - 22/Sep/31 1,885,064 0.82
1,500,000 Selp Finance Sarl 0.875% - 27/May/29 1,470,354 0.64
1,000,000 Societe Generale SA FRN - 22/Sep/28 1,009,468 0.44
2,600,000 SpArebank 1 Sr-Bank ASA 0.250% - 9/Nov/26 2,588,876 1.11
500,000 SSE plc 1.375% - 4/Sep/27 527,385 0.23
354
(expressed in EUR)

Nominal Value

1,500,000 Storebrand Livsforsikring AS FRN - 30/Sep/51 1,451,837 0.63
2,100,000 Swiss Life Finance I Limited 0.500% - 15/Sep/31 2,047,530 0.89
1,550,000 TenneT Holding BV 0.125% - 9/Dec/27 1,540,169 0.67
700,000 TenneT Holding BV 1.250% - 24/Oct/33 738,942 0.32
500,000 Uniqa Insurance Group AG FRN - 9/Dec/41 497,567 0.22
1,500,000 UPM-Kymmene Oyj 0.125% - 19/Nov/28 1,464,125 0.63
1,400,000 Vattenfall AB 0.125% - 12/Feb/29 1,366,390 0.59
1,000,000 Vesteda Finance BV 1.500% - 24/May/27 1,056,634 0.46
1,500,000 VGP NV 1.500% - 8/Apr/29 1,469,802 0.63
3,100,000 Vonovia SE 0.625% - 24/Mar/31 3,059,208 1.33
2,250,000 Westpac Banking Corp. FRN - 13/May/31 2,224,496 0.95
183,215,497 79.42
Total Bonds 183,215,497 79.42
355
Sector % NAV
Banks 29.34
Governments 18.72
Insurance 4.09
Transportation 3.64
Real estate 1.03
356
(expressed in EUR)

Nominal Value
AUD Supranationals, Governments and Local Public Authorities, Debt Instruments
30,920,000 Australia (Govt of ) 0.500% - 21/Sep/26 19,019,784 2.03
16,055,000 Australia (Govt of ) 1.000% - 21/Nov/31 9,642,162 1.03
11,850,000 Australia (Govt of ) 3.250% - 21/Apr/25 8,103,543 0.86
4,320,000 New South Wales Treasury Corp. 3.000% - 20/Feb/30 2,996,131 0.32
4,440,000 Queensland Treasury Corp. 2.750% - 20/Aug/27 3,012,930 0.32
42,774,550 4.56
CAD Supranationals, Governments and Local Public Authorities, Debt Instruments
2,205,000 Canada (Govt of ) 2.750% - 1/Dec/48 1,891,465 0.20
2,725,000 Canada Housing Trust No 1 1.550% - 15/Dec/26 1,897,242 0.20
4,905,000 European Investment Bank 2.375% - 6/Jul/23 3,480,722 0.37
9,535,000 International Bank for Reconstruction & Development 1.200% - 22/Jul/26 6,534,600 0.70
6,900,000 Province of Ontario 1.950% - 27/Jan/23 4,859,351 0.52
1,025,000 Province of Ontario 4.650% - 2/Jun/41 955,282 0.10
19,618,662 2.09
DKK Supranationals, Governments and Local Public Authorities, Debt Instruments
35,875,000 Denmark (Govt of ) 1.750% - 15/Nov/25 5,221,794 0.56
5,221,794 0.56
1,675,000 CPPIB Capital Inc. 0.875% - 6/Feb/29 1,752,460 0.19
3,000,000 Development Bank of Japan Inc. 0.875% - 10/Oct/25 3,094,070 0.33
23,415,000 Italy (Govt of ) 1.350% - 1/Apr/30 24,190,037 2.58
2,390,000 Province of Alberta 0.625% - 18/Apr/25 2,447,374 0.26
830,000 Province of Ontario 0.875% - 21/Jan/25 856,293 0.09
14,295,000 Spain (Govt of ) 1.300% - 31/Oct/26 15,291,790 1.63
3,635,000 Spain (Govt of ) 1.950% - 30/Jul/30 4,117,655 0.44
1,855,000 Spain (Govt of ) 4.200% - 31/Jan/37 2,726,405 0.29
139,412,344 14.87
GBP Supranationals, Governments and Local Public Authorities, Debt Instruments
2,470,000 United Kingdom Gilt 0.375% - 22/Oct/30 2,809,219 0.30
4,215,000 United Kingdom Gilt 1.500% - 22/Jul/26 5,195,226 0.55
2,430,000 United Kingdom Gilt 1.750% - 7/Sep/37 3,137,226 0.33
357
(expressed in EUR)

Nominal Value
GBP Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
5,925,000 United Kingdom Gilt 3.250% - 22/Jan/44 9,871,212 1.05
5,975,000 United Kingdom Gilt 4.250% - 7/Jun/32 9,408,201 1.00
1,755,000 United Kingdom Gilt 5.000% - 7/Mar/25 2,369,532 0.25
46,363,849 4.93
JPY Supranationals, Governments and Local Public Authorities, Debt Instruments
223,000,000 Development Bank of Japan Inc. 1.050% - 20/Jun/23 1,728,552 0.18
484,000,000 Development Bank of Japan Inc. 1.700% - 20/Sep/22 3,740,391 0.40
403,950,000 Japan (Govt of ) 0.100% - 20/Jun/24 3,099,472 0.33
295,000,000 Japan (Govt of ) 0.400% - 20/Sep/25 2,294,190 0.24
900,000,000 Japan (Govt of ) 0.500% - 20/Mar/49 6,611,333 0.71
490,400,000 Japan (Govt of ) 1.500% - 20/Jun/34 4,341,819 0.46
2,266,250,000 Japan (Govt of ) 1.700% - 20/Dec/43 21,520,978 2.30
4,095,750,000 Japan (Govt of ) 2.000% - 20/Dec/24 33,215,318 3.54
2,560,000,000 Japan (Govt of ) 2.000% - 20/Dec/33 23,741,644 2.53
705,900,000 Japan (Govt of ) 2.100% - 20/Dec/27 6,088,548 0.65
2,337,200,000 Japan (Govt of ) 2.100% - 20/Jun/29 20,711,974 2.21
1,197,650,000 Japan (Govt of ) 2.100% - 20/Dec/30 10,846,728 1.16
137,940,947 14.71
KRW Supranationals, Governments and Local Public Authorities, Debt Instruments
14,850,000,000 Korea (Govt of ) 1.375% - 10/Jun/30 10,276,386 1.10
10,276,386 1.10
MXN Supranationals, Governments and Local Public Authorities, Debt Instruments
1,502,124 Mexico (Govt of ) 8.500% - 31/May/29 6,836,541 0.73
6,836,541 0.73
NOK Supranationals, Governments and Local Public Authorities, Debt Instruments
43,400,000 Kreditanstalt Fuer Wiederaufbau 1.250% - 28/Aug/23 4,323,536 0.46
82,535,000 Norway (Govt of ) 2.000% - 24/May/23 8,330,757 0.89
12,654,293 1.35
SEK Supranationals, Governments and Local Public Authorities, Debt Instruments
6,195,000 Sweden (Govt of ) 1.500% - 13/Nov/23 620,799 0.07
620,799 0.07
USD Supranationals, Governments and Local Public Authorities, Debt Instruments
7,110,000 United States Treasury N/B 0.125% - 31/May/22 6,252,198 0.67
26,710,000 United States Treasury N/B 0.125% - 31/Aug/22 23,470,999 2.50
88,965,000 United States Treasury N/B 0.125% - 31/Dec/22 77,999,367 8.33
9,605,000 United States Treasury N/B 0.500% - 28/Feb/26 8,209,294 0.88
5,650,000 United States Treasury N/B 1.625% - 15/Nov/50 4,634,144 0.49
133,706,125 14.28
EUR Bonds
680,000 Assicurazioni Generali SpA FRN - 27/Oct/47 827,879 0.09
1,120,000 AXA SA FRN - 28/May/49 1,257,949 0.13
358
(expressed in EUR)

Nominal Value

2,300,000 Caixabank SA FRN - 17/Apr/30 2,392,265 0.26
500,000 Coentreprise de Transport d’Electricite SA 1.500% - 29/Jul/28 527,871 0.06
1,090,000 Credit Suisse Group AG 0.625% - 18/Jan/33 1,019,296 0.11
3,155,000 Danaher Corp. 2.500% - 30/Mar/30 3,617,483 0.39
4,500,000 Deutsche Bank AG FRN - 19/Nov/30 4,683,419 0.49
1,310,000 DH Europe Finance II Sarl 0.750% - 18/Sep/31 1,306,826 0.14
1,915,000 Ecolab Inc. 1.000% - 15/Jan/24 1,954,037 0.21
255,000 Eli Lilly & Company 1.000% - 2/Jun/22 255,654 0.03
2,555,000 Heimstaden Bostad Treasury BV 1.625% - 13/Oct/31 2,565,198 0.27
400,000 Orange SA 1.625% - 7/Apr/32 436,648 0.05
1,035,000 Prologis Euro Finance LLC 1.000% - 6/Feb/35 1,006,621 0.11
2,915,000 Sampo Oyj FRN - 3/Sep/52 3,058,985 0.33
1,730,000 Upjohn Finance BV 1.908% - 23/Jun/32 1,814,487 0.19
2,025,000 WellCome Trust Limited 1.125% - 21/Jan/27 2,138,689 0.23
2,170,000 Xlit Limited FRN - 29/Jun/47 2,386,929 0.25
43,813,733 4.68
GBP Bonds
1,340,000 Anheuser-Busch InBev SA/ NV 2.850% - 25/May/37 1,712,105 0.18
735,000 AT&T Inc. 4.875% - 1/Jun/44 1,188,605 0.13
2,450,000 Aviva plc FRN - 3/Jun/55 3,154,815 0.34
860,000 AXA SA FRN - 16/Jan/54 1,256,880 0.13
1,430,000 BMW Finance NV 0.875% - 16/Aug/22 1,706,759 0.18
270,000 Citigroup Inc. 5.150% - 21/May/26 369,229 0.04
120,000 Enel Finance International NV 5.750% - 14/Sep/40 213,685 0.02
675,000 Heathrow Funding Limited 2.750% - 9/Aug/49 791,298 0.08
285,000 Lloyds Banking Group plc FRN - 3/Dec/35 340,041 0.04
1,225,000 National Grid Electricity Transmission plc 1.125% - 7/Jul/28 1,403,560 0.14
11,460,000 Network Rail Infrastructure Finance 4.750% - 22/Jan/24 14,711,591 1.57
26,848,568 2.85
JPY Bonds
230,000,000 Aflac Inc. 0.932% - 25/Jan/27 1,762,320 0.19
1,762,320 0.19
USD Bonds
315,000 Ally Financial Inc. 3.875% - 21/May/24 292,124 0.03
60,000 Ally Financial Inc. 4.625% - 30/Mar/25 57,458 0.01
3,755,000 America Movil SAB de CV 2.875% - 7/May/30 3,420,851 0.36
3,765,000 America Movil SAB de CV 3.625% - 22/Apr/29 3,584,847 0.38
3,305,000 American International Group Inc. 3.400% - 30/Jun/30 3,144,879 0.34
359
(expressed in EUR)

Nominal Value
USD Bonds (continued)

2,215,000 American International Group Inc. 3.750% - 10/Jul/25 2,087,116 0.22
525,000 American International Group Inc. 3.875% - 15/Jan/35 511,417 0.05
325,000 American International Group Inc. 4.700% - 10/Jul/35 342,130 0.04
1,065,000 American Tower Corp. 2.400% - 15/Mar/25 961,626 0.10
2,725,000 American Tower Corp. 2.900% - 15/Jan/30 2,458,835 0.26
2,890,000 American Tower Corp. 3.375% - 15/Oct/26 2,701,478 0.29
90,000 Anheuser-Busch InBev Finance Inc. 4.700% - 1/Feb/36 95,665 0.01
1,985,000 Anheuser-Busch InBev Worldwide Inc. 4.500% - 1/Jun/50 2,158,454 0.23
4,330,000 AT&T Inc. 3.650% - 1/Jun/51 3,967,595 0.42
550,000 AXA SA FRN - 17/Jan/47 539,510 0.06
3,000,000 Banco Bilbao Vizcaya Argentaria SA 1.125% - 18/Sep/25 2,584,788 0.28
1,560,000 Banco de Chile 2.990% - 9/Dec/31 1,353,743 0.14
3,000,000 Banco Santander SA 3.848% - 12/Apr/23 2,729,615 0.29
1,800,000 Banco Santander SA 5.179% - 19/Nov/25 1,761,525 0.19
6,525,000 Bank of America Corp. FRN - 22/Apr/32 5,823,557 0.62
970,000 Bank of America Corp. 4.000% - 1/Apr/24 907,110 0.10
590,000 Bank of America Corp. 4.450% - 3/Mar/26 572,050 0.06
1,665,000 Bank of Ireland Group plc FRN - 30/Sep/27 1,438,784 0.15
1,035,000 Barclays plc 3.564% - 23/Sep/35 933,606 0.10
1,645,000 BOC Aviation Limited 2.625% - 17/Jan/25 1,474,962 0.15
2,495,000 Broadcom Inc. 4.300% - 15/Nov/32 2,470,242 0.26
2,060,000 Charter Communications Operating LLC 2.300% - 1/Feb/32 1,718,358 0.18
1,985,000 Charter Communications Operating LLC 4.800% - 1/Mar/50 1,959,907 0.21
805,000 Charter Communications Operating LLC 5.125% - 1/Jul/49 821,760 0.09
695,000 Citigroup Inc. FRN - 29/Jan/31 621,446 0.07
1,010,000 Citigroup Inc. 3.875% - 26/Mar/25 948,445 0.10
2,385,000 Citigroup Inc. 4.400% - 10/Jun/25 2,284,479 0.24
3,454,000 Citigroup Inc. FRN - 31/Mar/31 3,468,966 0.37
3,675,000 CK Hutchison International 19 Limited 3.625% - 11/Apr/29 3,542,705 0.38
4,090,000 Coca-Cola Femsa SAB de CV 2.750% - 22/Jan/30 3,684,048 0.40
4,925,000 Constellation Brands Inc. 3.150% - 1/Aug/29 4,564,315 0.48
530,000 Constellation Brands Inc. 3.750% - 1/May/50 511,084 0.05
1,095,000 Credit Suisse Group AG FRN - 14/May/32 983,125 0.10
6,760,000 CVS Health Corp. 2.125% - 15/Sep/31 5,829,288 0.62
1,240,000 CVS Health Corp. 3.250% - 15/Aug/29 1,164,188 0.12
2,280,000 Deutsche Bank AG FRN - 18/Sep/31 2,117,802 0.23
125,000 Diamondback Energy Inc. 3.125% - 24/Mar/31 113,488 0.01
880,000 Diamondback Energy Inc. 3.500% - 1/Dec/29 822,303 0.09
1,435,000 Dp World plc 4.700% - 30/Sep/49 1,378,841 0.15
790,000 DP World plc 5.625% - 25/Sep/48 856,382 0.09
345,000 EDP Finance BV 3.625% - 15/Jul/24 318,749 0.03
2,909,000 Fomento Economico Mexicano SAB de CV 3.500% - 16/Jan/50 2,689,649 0.29
279,000 GE Capital International Funding Company 4.418% - 15/Nov/35 294,449 0.03
1,180,000 Grupo Bimbo SAB de CV 4.000% - 6/Sep/49 1,118,442 0.12
200,000 Grupo Bimbo SAB de CV 4.700% - 10/Nov/47 209,746 0.02
1,010,000 JPMorgan Chase & Company 3.250% - 23/Sep/22 906,234 0.10
360
(expressed in EUR)

Nominal Value

1,710,000 McDonald’s Corp. 3.625% - 1/Sep/49 1,670,371 0.18
11,750,000 MDGH - GMTN (RSC) BV 2.500% - 3/Jun/31 10,452,367 1.12
2,940,000 NatWest Group plc FRN - 28/Nov/35 2,553,464 0.27
2,055,000 Orbia Advance Corp SAB de CV 5.875% - 17/Sep/44 2,234,412 0.24
505,000 Sigma Alimentos SA de CV 4.125% - 2/May/26 470,888 0.05
385,000 Sigma Finance Netherlands BV 4.875% - 27/Mar/28 376,744 0.04
220,000 Sky Limited 3.750% - 16/Sep/24 206,239 0.02
1,155,000 Suzano Austria GmbH 3.125% - 15/Jan/32 982,908 0.10
2,350,000 Suzano Austria GmbH 3.750% - 15/Jan/31 2,103,084 0.23
200,000 Suzano Austria GmbH 5.000% - 15/Jan/30 193,524 0.02
6,085,000 T-Mobile USA Inc. 2.550% - 15/Feb/31 5,326,804 0.57
2,570,000 T-Mobile USA Inc. 3.875% - 15/Apr/30 2,475,973 0.26
855,000 Travelers Companies Inc. 4.600% - 1/Aug/43 961,437 0.10
460,000 UnitedHealth Group Inc. 2.900% - 15/May/50 414,435 0.04
600,000 Verizon Communications Inc. 2.850% - 3/Sep/41 520,515 0.06
1,825,000 WEA Finance LLC 3.750% - 17/Sep/24 1,684,072 0.18
1,820,000 Zurich Finance Ireland Designated Activity Company FRN - 19/Apr/51 1,567,391 0.17
405,000 Zurich Finance Ireland Designated Activity Company FRN - 2/May/52 356,823 0.04
126,240,893 13.44
Total Bonds 198,665,514 21.16
10,370,000 Province of Manitoba 4.400% - 5/Sep/25 7,964,076 0.85
10,455,000 Province of Ontario 1.900% - 2/Dec/51 6,431,558 0.69
14,395,634 1.54
CNH Supranationals, Governments and Local Public Authorities, Debt Instruments
146,000,000 China (Govt of ) 2.840% - 8/Apr/24 20,387,441 2.17
124,000,000 China (Govt of ) 3.020% - 27/May/31 17,516,472 1.87
230,000,000 China (Govt of ) 3.030% - 11/Mar/26 32,406,159 3.46
54,500,000 China (Govt of ) 3.720% - 12/Apr/51 7,972,258 0.85
78,282,330 8.35
USD Bonds
1,995,000 Baylor Scott & White Holdings 3.967% - 15/Nov/46 2,109,525 0.23
1,041,000 Broadcom Inc. 3.187% - 15/Nov/36 918,256 0.10
1,013,000 Broadcom Inc. 3.469% - 15/Apr/34 931,489 0.10
2,560,000 GE Capital Funding LLC 4.550% - 15/May/32 2,663,391 0.29
1,835,000 Santander Holdings USA Inc. 3.244% - 5/Oct/26 1,692,238 0.18
1,875,000 Viatris Inc. 2.700% - 22/Jun/30 1,656,542 0.18
9,971,441 1.08
Total Bonds 9,971,441 1.08
361
(expressed in EUR)

Nominal Value

USD Bonds
2,660,000 Aker BP ASA 4.000% - 15/Jan/31 2,538,053 0.27
3,915,000 BNP Paribas SA FRN - 12/Aug/35 3,308,287 0.35
2,035,000 Continental Resources Inc. 5.750% - 15/Jan/31 2,113,787 0.23
2,995,000 Cox Communications Inc. 2.950% - 1/Oct/50 2,476,166 0.27
395,000 Credit Agricole SA FRN - 10/Jan/33 370,897 0.04
285,000 Delta Air Lines Inc. 4.500% - 20/Oct/25 264,129 0.03
6,885,000 Delta Air Lines Inc. 4.750% - 20/Oct/28 6,626,178 0.71
940,000 EDP Finance BV 1.710% - 24/Jan/28 805,327 0.09
35,000 Erac USA Finance LLC P.P. 144A 4.500% - 15/Feb/45 37,633 0.00
900,000 ERAC USA Finance LLC 4.200% - 1/Nov/46 937,765 0.10
1,815,000 Great-West Lifeco Finance 4.150% - 3/Jun/47 1,908,005 0.20
200,000 Intesa Sanpaolo SpA 4.000% - 23/Sep/29 189,136 0.02
2,075,000 New York Life Insurance Co 3.750% - 15/May/50 2,080,505 0.22
345,000 Standard Chartered plc FRN - 1/Apr/31 343,900 0.04
15,000,000 UniCredit SpA 2.569% - 22/Sep/26 13,217,497 1.41
5,660,000 UniCredit SpA 6.572% - 14/Jan/22 4,985,227 0.53
280,000 WEA Finance LLC 2.875% - 15/Jan/27 253,886 0.03
70,000 WEA Finance LLC 3.500% - 15/Jun/29 63,867 0.01
715,000 WEA Finance LLC 4.125% - 20/Sep/28 680,683 0.07
44,307,761 4.74
Total Bonds 44,307,761 4.74
362
Sector % NAV
Governments 67.03
Banks 7.98
Insurance 2.90
Beverages 1.41
Transportation 0.88
Airlines 0.74
Medical 0.53
Retail 0.48
Semiconductors 0.46
Food 0.41
Chemicals 0.24
Restaurants 0.18
Telephone 0.13
Industrials 0.08
363
(expressed in EUR)

Nominal Value
6,300,000 Australia (Govt of ) 1.000% - 21/Dec/30 3,810,663 0.35
6,400,000 Australia (Govt of ) 1.500% - 21/Jun/31 4,034,706 0.37
2,000,000 Australia (Govt of ) 2.250% - 21/May/28 1,338,484 0.12
4,600,000 Queensland Treasury Corp. 5.750% - 22/Jul/24 3,292,453 0.30
12,476,306 1.14
7,800,000 Asian Development Bank 0.750% - 10/Feb/26 5,274,729 0.49
3,300,000 Canada (Govt of ) 4.000% - 1/Jun/41 3,188,457 0.29
5,000,000 Canadian (Govt of ) 0.250% - 1/Feb/23 3,461,999 0.32
2,800,000 Canadian When Issued (Govt of ) 2.000% - 1/Dec/51 2,094,659 0.19
4,000,000 Kreditanstalt Fuer Wiederaufbau 0.750% - 19/Feb/26 2,703,077 0.25
8,000,000 Province of Ontario 6.200% - 2/Jun/31 7,583,964 0.70
30,080,521 2.77
CHF Supranationals, Governments and Local Public Authorities, Debt Instruments
2,600,000 Switzerland (Govt of ) 4.000% - 8/Apr/28 3,198,454 0.30
3,198,454 0.30
1,800,000 Adif Alta Velocidad 0.550% - 31/Oct/31 1,778,257 0.16
8,000,000 Agence Francaise de Developpement 0.250% - 21/Jul/26 8,136,256 0.76
3,200,000 Cassa Depositi e Prestiti SpA 1.000% - 21/Sep/28 3,254,160 0.30
3,348,000 China (Govt of ) 0.250% - 25/Nov/30 3,260,214 0.30
600,000 Germany (Govt of ) 0.000% - 18/Oct/24 610,878 0.06
20,207,000 Italy (Govt of ) 0.300% - 15/Aug/23 20,399,127 1.88
7,800,000 Italy (Govt of ) 0.600% - 15/Jun/23 7,911,368 0.73
5,000,000 Italy (Govt of ) 0.900% - 1/Apr/31 4,919,184 0.45
3,600,000 Italy (Govt of ) 1.350% - 1/Apr/30 3,719,160 0.34
4,009,000 Italy (Govt of ) 1.500% - 30/Apr/45 3,761,205 0.35
10,500,000 Italy (Govt of ) 1.650% - 1/Dec/30 11,046,228 1.02
1,400,000 Italy (Govt of ) 1.800% - 1/Mar/41 1,414,566 0.13
8,700,000 Italy (Govt of ) 1.850% - 1/Jul/25 9,200,553 0.85
2,100,000 Italy (Govt of ) 2.450% - 1/Sep/50 2,315,712 0.21
4,000,000 Italy (Govt of ) 2.950% - 1/Sep/38 4,797,600 0.44
4,600,000 Italy (Govt of ) 4.500% - 1/May/23 4,902,307 0.45
364
(expressed in EUR)

Nominal Value
2,220,000 Philippine (Govt of ) 0.250% - 28/Apr/25 2,215,010 0.20
7,800,000 Province of Ontario 0.010% - 25/Nov/30 7,534,980 0.70
2,700,000 SFIL SA 0.000% - 23/Nov/28 2,690,076 0.25
4,000,000 Spain (Govt of ) 0.800% - 30/Jul/27 4,172,880 0.39
5,312,000 Spain (Govt of ) 1.000% - 30/Jul/42 5,173,144 0.48
1,000,000 Spain (Govt of ) 1.200% - 31/Oct/40 1,009,470 0.09
6,700,000 Spain (Govt of ) 1.400% - 30/Jul/28 7,268,897 0.67
1,500,000 Spain (Govt of ) 2.700% - 31/Oct/48 1,969,710 0.18
3,100,000 Unedic Asseo 0.000% - 19/Nov/30 3,036,926 0.28
3,800,000 Unedic Asseo 0.100% - 25/Nov/26 3,836,936 0.35
180,631,716 16.65
3,900,000 United Kingdom Gilt 4.250% - 7/Dec/27 5,572,788 0.51
61,335,259 5.66
3,200,000,000 Japan (Govt of ) 0.005% - 1/May/23 24,468,274 2.26
1,160,000,000 Japan (Govt of ) 0.100% - 1/Feb/23 8,876,659 0.82
4,120,000,000 Japan (Govt of ) 0.100% - 20/Mar/26 31,706,772 2.93
2,069,850,000 Japan (Govt of ) 0.100% - 20/Sep/29 15,976,924 1.47
476,000,000 Japan (Govt of ) 0.100% - 20/Mar/30 3,670,697 0.34
1,040,000,000 Japan (Govt of ) 0.100% - 20/Dec/30 7,998,489 0.74
726,000,000 Japan (Govt of ) 0.100% - 20/Jun/31 5,567,372 0.51
226,000,000 Japan (Govt of ) 0.400% - 20/Jun/41 1,704,256 0.16
1,204,100,000 Japan (Govt of ) 0.400% - 20/Jun/49 8,599,083 0.79
620,000,000 Japan (Govt of ) 0.500% - 20/Dec/40 4,771,644 0.44
190,000,000 Japan (Govt of ) 0.500% - 20/Mar/60 1,345,162 0.12
380,000,000 Japan (Govt of ) 0.700% - 20/Dec/50 2,922,873 0.27
520,000,000 Japan (Govt of ) 0.800% - 20/Jun/47 4,159,985 0.38
350,000,000 Japan (Govt of ) 0.900% - 20/Mar/57 2,831,661 0.26
3,500,000,000 Japan (Govt of ) 1.000% - 20/Dec/35 29,430,588 2.72
154,030,439 14.21
486,000 Mexico (Govt of ) 7.500% - 3/Jun/27 2,096,457 0.19
2,096,457 0.19
365
(expressed in EUR)

Nominal Value

7,000,000 Norway (Govt of ) 2.000% - 24/May/23 706,552 0.07
2,007,274 0.19
PLN Supranationals, Governments and Local Public Authorities, Debt Instruments
3,850,054 0.36
6,000,000 China (Govt of ) 2.125% - 3/Dec/29 5,493,459 0.51
2,000,000 Development Bank of Japan Inc. 2.500% - 18/Oct/22 1,786,202 0.16
4,900,000 Israel (Govt of ) 2.750% - 3/Jul/30 4,583,886 0.42
4,885,000 Province of Quebec 2.500% - 20/Apr/26 4,498,607 0.42
27,000,000 United States Treasury N/B 0.125% - 30/Apr/23 23,618,248 2.18
59,778,500 United States Treasury N/B 1.625% - 31/Oct/26 53,478,088 4.95
288,349,918 26.65
CHF Bonds
2,000,000 National Australia Bank Limited 0.250% - 19/Jan/23 1,944,121 0.18
1,944,121 0.18
EUR Bonds
2,000,000 AbbVie Inc. 0.750% - 18/Nov/27 2,034,005 0.19
1,000,000 Achmea BV 1.500% - 26/May/27 1,061,157 0.10
2,384,000 AT&T Inc. 0.800% - 4/Mar/30 2,377,376 0.22
418,000 Ausnet Services Holding FRN - 11/Mar/81 420,229 0.04
700,000 Banco Bilbao Vizcaya Argentaria SA 0.375% - 15/Nov/26 700,371 0.06
900,000 Banco Santander SA 1.125% - 23/Jun/27 926,256 0.09
4,881,000 Bank of China Limited 0.000% - 28/Apr/24 4,882,922 0.44
435,000 Bank of Ireland Group plc FRN - 10/May/27 429,615 0.04
2,700,000 BNP Paribas SA 1.125% - 28/Aug/24 2,782,929 0.26
1,000,000 BP Capital Markets plc 1.876% - 7/Apr/24 1,044,246 0.10
366
(expressed in EUR)

Nominal Value

1,221,000 BP Capital Markets plc - Perp. FRN - 22/Jun/69 1,315,350 0.12
1,000,000 CaixaBank SA FRN - 18/Nov/26 995,554 0.09
2,000,000 CaixaBank SA 0.625% - 1/Oct/24 2,024,994 0.19
500,000 Capgemini SE 2.500% - 1/Jul/23 517,237 0.05
1,500,000 Carlsberg Breweries AS 0.375% - 30/Jun/27 1,501,885 0.14
1,800,000 Carrefour SA 0.875% - 12/Jun/23 1,822,521 0.17
2,064,000 Citigroup Inc. FRN - 6/Jul/26 2,134,548 0.20
1,196,000 Citycon Treasury BV 1.625% - 12/Mar/28 1,194,636 0.11
1,100,000 CNP Assurances 2.750% - 5/Feb/29 1,234,509 0.11
738,000 Coca-Cola Europacific Partners Plc 0.200% - 2/Dec/28 717,127 0.07
400,000 Cooperatieve Rabobank UA 0.625% - 27/Feb/24 406,657 0.04
2,000,000 Covivio 1.625% - 17/Oct/24 2,085,986 0.19
600,000 Covivio 1.625% - 23/Jun/30 634,771 0.06
1,100,000 Credit Mutuel Arkea SA FRN - 11/Jun/29 1,139,335 0.11
200,000 Credit Mutuel Arkea SA 3.500% - 9/Feb/29 231,894 0.02
1,394,000 Daimler AG 0.750% - 10/Sep/30 1,435,504 0.13
1,100,000 de Volksbank NV 0.010% - 16/Sep/24 1,104,566 0.10
2,700,000 EDP Finance BV 2.000% - 22/Apr/25 2,875,889 0.27
700,000 Enel SpA - Perp. FRN - 24/Nov/81 764,375 0.07
400,000 Erste Group Bank AG FRN - 8/Sep/31 411,563 0.04
1,029,000 FCA Bank SpA 0.500% - 18/Sep/23 1,036,938 0.10
1,600,000 FCA Bank SpA 0.500% - 13/Sep/24 1,614,655 0.15
2,000,000 Fidelity National Information Services Inc. 1.500% - 21/May/27 2,092,212 0.19
1,200,000 Groupama SA 6.000% - 23/Jan/27 1,477,900 0.14
2,000,000 Holding d’Infrastructures de Transport SASU 2.500% - 4/May/27 2,186,540 0.20
1,000,000 Iberdrola International BV - Perp. FRN - 9/Feb/70 995,075 0.09
1,700,000 Inmobiliaria Colonial Socimi SA 1.625% - 28/Nov/25 1,782,961 0.16
2,000,000 Intesa Sanpaolo SpA 2.125% - 26/May/25 2,118,563 0.20
950,000 Italgas SpA 0.000% - 16/Feb/28 919,955 0.08
1,000,000 LYB International Finance II BV 0.875% - 17/Sep/26 1,021,504 0.09
900,000 Mediobanca Banca di Credito Finanziario SpA 0.750% - 15/Jul/27 896,238 0.08
1,300,000 Mediobanca Banca di Credito Finanziario SpA 1.625% - 7/Jan/25 1,351,022 0.12
600,000 Merck KGaA FRN - 9/Sep/80 614,798 0.06
1,000,000 Merlin Properties Socimi SA 2.375% - 13/Jul/27 1,078,852 0.10
1,120,000 Morgan Stanley 1.875% - 30/Mar/23 1,150,411 0.11
1,000,000 Muenchener Rueckversicherungs AG FRN - 26/May/49 1,132,873 0.10
500,000 Mylan Inc. 2.125% - 23/May/25 529,737 0.05
3,200,000 NatWest Markets plc 1.125% - 14/Jun/23 3,261,054 0.30
485,000 Nidec Corp. 0.046% - 30/Mar/26 482,155 0.04
400,000 NN Group NV FRN - 8/Apr/44 436,525 0.04
600,000 Nykredit Realkredit AS 0.125% - 10/Jul/24 600,912 0.06
367
(expressed in EUR)

Nominal Value

200,000 Omnicom Finance Holdings plc 1.400% - 8/Jul/31 209,213 0.02
400,000 OMV AG - Perp. FRN - 1/Sep/69 415,702 0.04
400,000 OP Corporate Bank plc FRN - 9/Jun/30 409,714 0.04
500,000 Pernod Ricard SA 1.750% - 8/Apr/30 550,287 0.05
1,600,000 Ren Finance BV 1.750% - 18/Jan/28 1,718,095 0.16
1,000,000 Repsol International Finance BV 0.125% - 5/Oct/24 1,004,880 0.09
903,000 Snam SpA 0.000% - 7/Dec/28 869,568 0.08
500,000 Solvay SA 0.500% - 6/Sep/29 494,113 0.05
500,000 Stellantis NV 2.375% - 14/Apr/23 516,110 0.05
1,800,000 Takeda Pharmaceutical Company Limited 2.250% - 21/Nov/26 1,964,583 0.18
1,000,000 TotalEnergies SE - Perp. FRN - 4/Apr/68 1,021,047 0.09
711,000 Toyota Finance Australia Limited 2.004% - 21/Oct/24 751,816 0.07
955,000 Toyota Motor Credit Corp. 0.250% - 16/Jul/26 956,767 0.09
2,400,000 UniCredit SpA FRN - 25/Jun/25 2,458,863 0.23
300,000 Uniqa Insurance Group AG 1.375% - 9/Jul/30 314,585 0.03
445,000 Vattenfall AB 0.125% - 12/Feb/29 434,317 0.04
1,500,000 Verizon Communications Inc. 0.875% - 19/Mar/32 1,488,741 0.14
1,100,000 Vicinity Centres Trust 1.125% - 7/Nov/29 1,107,805 0.10
600,000 Vinci SA 0.000% - 27/Nov/28 586,673 0.05
1,500,000 WPP Finance 2.250% - 22/Sep/26 1,645,567 0.15
110,417,343 10.23
GBP Bonds
2,102,000 Motability Operations Group plc 1.500% - 20/Jan/41 2,305,138 0.21
459,000 Whitbread Group plc 2.375% - 31/May/27 543,062 0.05
2,848,200 0.26
SEK Bonds
2,009,798 0.19
USD Bonds
1,915,000 AbbVie Inc. 4.250% - 21/Nov/49 2,024,148 0.19
2,261,000 AerCap Ireland Capital DAC 4.875% - 16/Jan/24 2,114,399 0.19
655,000 Air Lease Corp. 2.875% - 15/Jan/26 594,167 0.05
3,909,000 Alexandria Real Estate Equities Inc. 2.000% - 18/May/32 3,305,882 0.30
2,150,000 Anheuser-Busch InBev Worldwide Inc. 5.550% - 23/Jan/49 2,621,494 0.23
793,000 Anthem Inc. 3.125% - 15/May/50 719,081 0.07
1,545,000 Aptiv plc 3.100% - 1/Dec/51 1,298,273 0.12
2,300,000 AT&T Inc. 5.150% - 15/Nov/46 2,575,333 0.24
3,600,000 Banco Santander SA 1.849% - 25/Mar/26 3,155,719 0.29
1,396,000 Bank of America Corp. FRN - 25/Sep/25 1,213,740 0.11
368
(expressed in EUR)

Nominal Value

2,757,000 Bank of America Corp. FRN - 22/Oct/25 2,490,103 0.23
2,793,000 Boardwalk Pipelines LP 3.400% - 15/Feb/31 2,536,426 0.24
2,609,000 Brighthouse Financial Inc. 4.700% - 22/Jun/47 2,524,004 0.23
1,380,000 Bristol-Myers Squibb Company 4.250% - 26/Oct/49 1,507,854 0.14
3,688,000 Bunge Limited 4.350% - 15/Mar/24 3,450,070 0.32
2,550,000 Carlisle Cos Inc. 2.750% - 1/Mar/30 2,298,277 0.21
2,205,000 Citigroup Inc. FRN - 28/Jan/27 1,889,905 0.17
957,000 Coca-Cola Femsa SAB de CV 1.850% - 1/Sep/32 793,911 0.07
1,350,000 Comcast Corp. 4.950% - 15/Oct/58 1,643,383 0.15
2,451,000 Comerica Inc. 3.700% - 31/Jul/23 2,243,069 0.21
1,600,000 Conagra Brands Inc. 7.000% - 1/Oct/28 1,827,117 0.17
457,000 Connecticut Light and Power Co/The 3.200% - 15/Mar/27 429,165 0.04
367,000 Corporate Office Properties LP 2.000% - 15/Jan/29 311,762 0.03
340,000 Corporate Office Properties LP 2.250% - 15/Mar/26 302,256 0.03
2,900,000 CVS Health Corp. 5.050% - 25/Mar/48 3,332,932 0.31
1,065,000 Danaher Corp. 2.800% - 10/Dec/51 927,656 0.09
651,000 Dentsply Sirona Inc. 3.250% - 1/Jun/30 603,222 0.06
664,000 Ecolab Inc. 0.900% - 15/Dec/23 585,119 0.05
1,966,000 Entergy Corp. 1.900% - 15/Jun/28 1,699,203 0.16
2,200,000 Exelon Corp. 3.950% - 15/Jun/25 2,072,683 0.19
2,622,000 First American Financial Corp. 4.000% - 15/May/30 2,530,076 0.24
1,492,000 First Horizon Bank 5.750% - 1/May/30 1,576,127 0.15
775,000 Fiserv Inc. 4.400% - 1/Jul/49 814,180 0.08
153,000 Flowserve Corp. 2.800% - 15/Jan/32 131,137 0.01
922,000 FMC Corp. 4.500% - 1/Oct/49 981,221 0.09
742,000 FNB Corp. 2.200% - 24/Feb/23 658,640 0.06
1,900,000 General Motors Company 6.750% - 1/Apr/46 2,430,295 0.22
3,427,000 Goldman Sachs Group Inc FRN - 21/Oct/27 3,003,006 0.28
835,000 Hasbro Inc. 3.550% - 19/Nov/26 789,064 0.07
2,000,000 HCA Inc. 5.250% - 15/Jun/49 2,271,093 0.21
683,000 Healthpeak Properties 2.125% - 1/Dec/28 601,890 0.06
1,180,000 Humana Inc. 4.950% - 1/Oct/44 1,345,452 0.12
3,800,000 Indian Railway Finance Corp. Limited 3.835% - 13/Dec/27 3,568,312 0.32
2,360,000 International Flavors & Fragrances Inc. 5.000% - 26/Sep/48 2,680,616 0.26
2,200,000 International Paper Company 6.000% - 15/Nov/41 2,677,075 0.25
3,100,000 JPMorgan Chase & Company FRN - 23/Jan/29 2,930,893 0.27
832,000 Kemper Corp. 2.400% - 30/Sep/30 711,734 0.07
955,000 Kennametal Inc. 2.800% - 1/Mar/31 836,423 0.08
1,900,000 Keycorp 4.150% - 29/Oct/25 1,828,315 0.17
1,650,000 Kroger Company 4.650% - 15/Jan/48 1,814,535 0.17
851,000 Lam Research Corp. 4.875% - 15/Mar/49 1,020,297 0.09
182,000 Lennox International Inc. 1.700% - 1/Aug/27 157,446 0.01
3,233,000 Lloyds Banking Group plc FRN - 5/Feb/26 2,904,779 0.27
729,000 Lowe’s Companies Inc. 3.000% - 15/Oct/50 634,797 0.06
1,300,000 Lyondellbasell Industries NV 4.625% - 26/Feb/55 1,411,426 0.13
2,500,000 Marathon Oil Corp. 6.600% - 1/Oct/37 2,917,086 0.28
2,500,000 Marathon Petroleum Corp. 5.000% - 15/Sep/54 2,642,742 0.24
369
(expressed in EUR)

Nominal Value

1,910,000 Merck & Company Inc. 2.900% - 10/Dec/61 1,676,501 0.15
2,105,000 Micron Technology Inc. 2.703% - 15/Apr/32 1,859,043 0.17
1,072,000 MPLX LP 4.875% - 1/Dec/24 1,024,151 0.09
1,233,000 Nextera Energy Capital Holdings Inc. 2.440% - 15/Jan/32 1,087,739 0.10
978,000 NTT Finance Corp. 1.162% - 3/Apr/26 843,864 0.08
2,400,000 Omnicom Group Inc. 3.650% - 1/Nov/24 2,239,470 0.21
3,400,000 Oracle Corp. 3.600% - 1/Apr/50 2,934,883 0.27
1,000,000 Orange SA 9.000% - 1/Mar/31 1,346,898 0.12
1,750,000 PepsiCo Inc. 2.875% - 15/Oct/49 1,619,633 0.15
1,665,000 PNC Financial Services Group Inc. 2.200% - 1/Nov/24 1,502,791 0.14
3,053,000 Reliance Steel & Aluminum 1.300% - 15/Aug/25 2,647,095 0.24
2,780,000 Ryder System Inc. 3.350% - 1/Sep/25 2,587,829 0.24
3,360,000 Standard Chartered plc FRN - 23/Mar/25 2,932,025 0.27
244,000 Sumitomo Mitsui Financial Group Inc. 0.508% - 12/Jan/24 211,955 0.02
1,390,000 Takeda Pharmaceutical Company Limited 3.025% - 9/Jul/40 1,235,332 0.11
2,300,000 UBS Group Funding Switzerland AG 4.125% - 15/Apr/26 2,210,075 0.20
2,200,000 UDR Inc. 3.500% - 1/Jul/27 2,072,864 0.19
2,735,000 Union Pacific Corp. 3.750% - 5/Feb/70 2,763,544 0.25
1,500,000 Verizon Communications Inc. 5.012% - 21/Aug/54 1,828,900 0.17
2,274,000 ViacomCBS Inc. 4.200% - 19/May/32 2,259,075 0.21
1,280,000 Webster Financial Corp. 4.100% - 25/Mar/29 1,232,498 0.11
735,000 Williams Partners LP 4.900% - 15/Jan/45 774,340 0.07
1,555,000 WP Carey Inc. 3.850% - 15/Jul/29 1,511,889 0.14
1,750,000 WP Carey Inc. 4.600% - 1/Apr/24 1,636,217 0.15
145,362,553 13.39
Total Bonds 262,582,015 24.25
USD Bonds
666,000 Dell International LLC 5.450% - 15/Jun/23 618,508 0.06
1,271,000 Fifth Third Bancorp FRN - 1/Nov/27 1,106,176 0.10
3,191,000 Microchip Technology Inc. 0.972% - 15/Feb/24 2,791,236 0.26
3,950,000 National Bank of Canada FRN - 15/Nov/24 3,434,874 0.31
2,880,000 Office Properties Income Trust 4.250% - 15/May/24 2,641,496 0.23
1,230,000 SVB Financial Group 3.125% - 5/Jun/30 1,135,849 0.10
11,728,139 1.06
Total Bonds 11,728,139 1.06
370
(expressed in EUR)

Nominal Value

USD Bonds
1,400,000 Aker BP ASA 4.000% - 15/Jan/31 1,335,818 0.12
1,230,000 Aviation Capital Group LLC 5.500% - 15/Dec/24 1,184,612 0.11
1,280,000 BNP Paribas SA FRN - 19/Apr/32 1,141,993 0.11
3,469,000 BPCE SA FRN - 19/Oct/27 3,026,343 0.28
161,000 CCL Industries Inc. 3.050% - 1/Jun/30 146,636 0.01
720,000 Coca-Cola Europacific Partners Plc 1.500% - 15/Jan/27 620,860 0.06
1,255,000 Commonwealth Bank of Australia 2.688% - 11/Mar/31 1,088,300 0.10
3,355,000 Cooperatieve Rabobank UA 1.004% - 24/Sep/26 2,875,713 0.27
719,000 Credit Agricole SA FRN - 16/Jun/26 634,592 0.06
923,000 Element Fleet Management Corp. 1.600% - 6/Apr/24 813,972 0.08
3,000,000 ING Groep NV FRN - 1/Jul/26 2,612,931 0.24
3,711,000 Macquarie Group Limited FRN - 12/Jan/27 3,179,506 0.29
2,843,000 NXP BV 2.700% - 1/May/25 2,578,253 0.24
3,500,000 Penske Truck Leasing Company LP 1.200% - 15/Nov/25 3,009,285 0.28
4,100,000 Transurban Finance Company Pty Limited 2.450% - 16/Mar/31 3,582,177 0.33
29,184,193 2.70
Total Bonds 29,184,193 2.70
Total Net Assets 1,083,474,938 100.00
371
Sector % NAV
Governments 66.84
Banks 10.01
Transportation 1.69
Insurance 1.14
Beverages 0.90
Semiconductors 0.76
Chemicals 0.62
Software 0.59
Pipelines 0.40
Agriculture 0.32
Iron and steel 0.24
Advertising 0.23
Retail 0.23
Biotechnology 0.18
Food 0.17
Real estate 0.16
Media 0.15
Machinery 0.09
Medical 0.09
Gas 0.08
Toys and games 0.07
Lodging 0.05
372
(expressed in EUR)

Nominal Value
4,566,000 Australia (Govt of ) 1.750% - 21/Jun/51 2,522,380 0.32
5,000 Australia (Govt of ) 2.250% - 21/May/28 3,346 0.00
571,000 Australia (Govt of ) 2.750% - 21/May/41 391,610 0.05
449,000 Australia (Govt of ) 3.000% - 21/Mar/47 319,714 0.04
1,355,000 Australia (Govt of ) 5.500% - 21/Apr/23 923,714 0.12
11,716,680 1.48
998,000 Canadian (Govt of ) 1.500% - 1/Jun/31 699,074 0.09
3,558,000 Canadian When Issued (Govt of ) 0.250% - 1/Apr/24 2,434,578 0.31
2,932,000 Canadian When Issued (Govt of ) 0.250% - 1/Mar/26 1,961,330 0.25
668,000 Canadian When Issued (Govt of ) 2.000% - 1/Dec/51 499,726 0.06
900,000 Province of British Columbia 5.700% - 18/Jun/29 795,132 0.10
2,300,000 Province of Ontario 2.650% - 5/Feb/25 1,662,048 0.21
2,515,000 Province of Quebec 3.000% - 1/Sep/23 1,809,253 0.23
1,095,000 Province of Quebec 3.500% - 1/Dec/45 907,235 0.11
26,018,788 3.28
1,470,000 Switzerland (Govt of ) 1.250% - 11/Jun/24 1,483,652 0.19
260,000 Switzerland (Govt of ) 1.500% - 30/Apr/42 327,421 0.04
310,000 Switzerland (Govt of ) 3.500% - 8/Apr/33 420,898 0.05
100,000 Switzerland (Govt of ) 4.000% - 6/Jan/49 202,879 0.03
2,434,850 0.31
COP Supranationals, Governments and Local Public Authorities, Debt Instruments
3,447,700,000 Colombia (Govt of ) 5.750% - 3/Nov/27 674,087 0.08
674,087 0.08
CZK Supranationals, Governments and Local Public Authorities, Debt Instruments
15,190,000 Czech Republic (Govt of ) 2.500% - 25/Aug/28 589,575 0.07
589,575 0.07
2,746,000 Denmark (Govt of ) 0.000% - 15/Nov/31 367,149 0.05
1,083,571 0.14
508,000 Austria (Govt of ) 0.750% - 20/Mar/51 522,712 0.07
373
(expressed in EUR)

Nominal Value
50,000 Austria (Govt of ) 2.100% - 20/Sep/17 76,899 0.01
835,000 Belgium (Govt of ) 0.900% - 22/Jun/29 897,166 0.11
674,000 Belgium (Govt of ) 4.250% - 28/Mar/41 1,110,415 0.14
950,000 Belgium (Govt of ) 5.000% - 28/Mar/35 1,523,620 0.19
4,100,000 Caisse d’Amortissement de la Dette Sociale 0.125% - 25/Oct/23 4,141,861 0.52
5,776,000 Cppib Capital Inc. 0.250% - 6/Apr/27 5,829,049 0.73
1,425,000 Croatia (Govt of ) 1.125% - 19/Jun/29 1,453,158 0.18
1,525,000 European Financial Stability Facility 1.450% - 5/Sep/40 1,777,262 0.22
890,000 European Union 0.000% - 2/Jun/28 898,370 0.11
1,003,000 European Union 0.000% - 4/Jul/35 959,149 0.12
421,000 European Union 0.700% - 6/Jul/51 432,988 0.05
283,000 France (Govt of ) 4.500% - 25/Apr/41 484,033 0.06
849,000 France (Govt Of ) 0.500% - 25/Jun/44 811,131 0.10
260,000 Ireland (Govt of ) 1.000% - 15/May/26 275,434 0.03
2,975,000 Italy (Govt of ) 0.000% - 15/Aug/24 2,971,812 0.37
5,644,000 Italy (Govt of ) 0.000% - 1/Apr/26 5,557,760 0.70
780,000 Italy (Govt of ) 0.950% - 1/Dec/31 764,587 0.10
874,000 Italy (Govt of ) 0.950% - 1/Mar/37 805,053 0.10
947,000 Italy (Govt of ) 1.500% - 30/Apr/45 888,466 0.11
861,000 Italy (Govt of ) 1.700% - 1/Sep/51 809,021 0.10
492,000 Italy (Govt of ) 1.800% - 1/Mar/41 497,119 0.06
85,000 Italy (Govt of ) 2.700% - 1/Mar/47 98,598 0.01
470,000 Italy (Govt of ) 2.800% - 1/Mar/67 532,143 0.07
374
(expressed in EUR)

Nominal Value
232,000 Italy (Govt of ) 3.100% - 1/Mar/40 284,074 0.04
176,000 Italy (Govt of ) 3.500% - 1/Mar/30 212,413 0.03
1,810,000 Italy (Govt of ) 3.750% - 1/Sep/24 1,988,868 0.25
750,000 Italy (Govt of ) 5.000% - 1/Sep/40 1,153,125 0.15
7,199,000 Ontario Teachers’ Finance Trust 0.100% - 19/May/28 7,126,929 0.91
873,000 Ontario Teachers’ Finance Trust 0.950% - 24/Nov/51 838,425 0.11
4,091,000 Province of Alberta 0.625% - 18/Apr/25 4,189,209 0.53
875,000 Romania (Govt of ) 2.875% - 11/Mar/29 932,015 0.12
140,000 Slovenia (Govt of ) 3.125% - 7/Aug/45 205,140 0.03
4,090,000 Spain (Govt of ) 0.000% - 31/May/24 4,132,004 0.52
6,708,000 Spain (Govt of ) 0.000% - 31/Jan/26 6,751,384 0.85
5,308,000 Spain (Govt of ) 0.500% - 31/Oct/31 5,276,136 0.66
1,081,000 Spain (Govt of ) 1.000% - 30/Jul/42 1,052,743 0.13
1,035,000 Spain (Govt of ) 2.700% - 31/Oct/48 1,359,100 0.17
205,000 Spain (Govt of ) 3.450% - 30/Jul/66 308,625 0.04
176,630,212 22.23
7,561,000 Province of Ontario 0.250% - 15/Dec/26 8,577,871 1.07
791,000 United Kingdom Gilt 0.625% - 31/Jul/35 880,766 0.11
329,000 United Kingdom Gilt 1.125% - 31/Jan/39 388,343 0.05
375
(expressed in EUR)

Nominal Value
773,000 United Kingdom Gilt 2.500% - 22/Jul/65 1,426,862 0.18
824,000 United Kingdom Gilt 4.250% - 7/Jun/32 1,297,466 0.16
261,000 United Kingdom Gilt 4.250% - 7/Dec/40 473,315 0.06
716,000 United Kingdom Gilt 4.250% - 7/Dec/46 1,413,992 0.18
38,091,504 4.78
HUF Supranationals, Governments and Local Public Authorities, Debt Instruments
236,120,000 Hungary (Govt of ) 3.250% - 22/Oct/31 578,605 0.07
578,605 0.07
ILS Supranationals, Governments and Local Public Authorities, Debt Instruments
4,918,000 Israel (Govt of ) 1.000% - 31/Mar/30 1,386,803 0.17
1,386,803 0.17
396,550,000 Japan (Govt of ) 0.100% - 20/Jun/26 3,053,200 0.38
338,200,000 Japan (Govt of ) 0.100% - 20/Dec/26 2,606,367 0.33
338,200,000 Japan (Govt of ) 0.100% - 20/Sep/27 2,607,736 0.33
1,129,000,000 Japan (Govt of ) 0.100% - 20/Mar/29 8,717,978 1.10
426,450,000 Japan (Govt of ) 0.100% - 20/Dec/30 3,279,765 0.41
812,600,000 Japan (Govt of ) 0.200% - 20/Jun/36 6,136,219 0.77
1,755,850,000 Japan (Govt of ) 0.300% - 20/Dec/24 13,565,263 1.70
407,450,000 Japan (Govt of ) 0.300% - 20/Jun/46 2,918,517 0.37
133,100,000 Japan (Govt of ) 0.400% - 20/Dec/49 946,194 0.12
251,300,000 Japan (Govt of ) 0.400% - 20/Mar/56 1,740,890 0.22
183,300,000 Japan (Govt of ) 0.600% - 20/Jun/24 1,423,675 0.18
302,150,000 Japan (Govt of ) 0.700% - 20/Mar/37 2,439,710 0.31
1,463,200,000 Japan (Govt of ) 0.800% - 20/Sep/23 11,344,545 1.43
607,150,000 Japan (Govt of ) 0.800% - 20/Sep/47 4,848,280 0.61
1,202,300,000 Japan (Govt of ) 1.700% - 20/Jun/33 10,783,993 1.36
784,400,000 Japan (Govt of ) 1.800% - 20/Mar/43 7,540,599 0.95
331,600,000 Japan (Govt of ) 1.900% - 20/Mar/53 3,384,059 0.43
107,700,000 Japan (Govt of ) 2.100% - 20/Mar/27 916,140 0.12
1,171,800,000 Japan (Govt of ) 2.100% - 20/Dec/27 10,107,041 1.27
972,500,000 Japan (Govt of ) 2.200% - 20/Sep/28 8,551,114 1.08
454,500,000 Japan (Govt of ) 2.300% - 20/Mar/39 4,572,653 0.58
96,950,000 Japan (Govt of ) 2.300% - 20/Mar/40 982,365 0.12
112,466,303 14.17
705,790,000 Korea (Govt of ) 1.125% - 10/Sep/39 435,380 0.05
1,223,500,000 Korea (Govt of ) 1.375% - 10/Dec/29 849,576 0.11
722,270,000 Korea (Govt of ) 1.500% - 10/Dec/26 520,156 0.07
389,160,000 Korea (Govt of ) 2.000% - 10/Mar/49 271,022 0.03
1,624,260,000 Korea (Govt of ) 2.250% - 10/Jun/25 1,214,194 0.15
1,927,800,000 Korea (Govt of ) 2.625% - 10/Mar/48 1,507,414 0.19
2,046,970,000 Korea (Govt of ) 3.000% - 10/Mar/23 1,526,314 0.19
3,729,560,000 Korea (Govt of ) 3.500% - 10/Mar/24 2,834,533 0.36
376
(expressed in EUR)

Nominal Value
KRW Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
646,150,000 Korea (Govt of ) 3.750% - 10/Dec/33 551,981 0.07
2,397,420,000 Korea (Govt of ) 4.000% - 10/Dec/31 2,047,241 0.26
11,757,811 1.48
3,348,927 0.42
1,775,000 Norway (Govt of ) 1.250% - 17/Sep/31 169,975 0.02
1,010,268 0.13
NZD Supranationals, Governments and Local Public Authorities, Debt Instruments
1,415,000 New Zealand (Govt of ) 1.500% - 15/May/31 794,756 0.10
794,756 0.10
PEN Supranationals, Governments and Local Public Authorities, Debt Instruments
1,785,000 Peru (Govt of ) 5.400% - 12/Aug/34 358,977 0.05
358,977 0.05
4,700,000 Poland (Govt of ) 2.500% - 25/Jul/27 952,382 0.12
952,382 0.12
RUB Supranationals, Governments and Local Public Authorities, Debt Instruments
132,088,000 Russia (Govt of ) 8.150% - 3/Feb/27 1,541,159 0.19
1,541,159 0.19
10,345,000 Sweden (Govt of ) 0.125% - 12/May/31 997,021 0.13
997,021 0.13
SGD Supranationals, Governments and Local Public Authorities, Debt Instruments
2,252,000 Singapore (Govt of ) 2.875% - 1/Jul/29 1,595,798 0.20
1,595,798 0.20
1,400,000 Chile (Govt of ) 2.550% - 27/Jul/33 1,201,791 0.15
285,000 Chile (Govt of ) 3.100% - 7/May/41 246,017 0.03
1,125,000 Indonesia (Govt of ) 3.850% - 18/Jul/27 1,086,129 0.14
750,000 Indonesia (Govt of ) 4.350% - 8/Jan/27 736,357 0.09
1,240,000 Mexico (Govt of ) 4.280% - 14/Aug/41 1,136,294 0.14
1,880,000 Mexico (Govt of ) 4.500% - 22/Apr/29 1,844,588 0.23
4,617,000 Ontario Teachers’ Finance Trust 1.250% - 27/Sep/30 3,850,048 0.48
6,162,000 Ontario Teachers’ Finance Trust 2.000% - 16/Apr/31 5,440,271 0.68
615,000 Panama (Govt of ) 2.252% - 29/Sep/32 515,258 0.06
580,000 Panama (Govt of ) 3.870% - 23/Jul/60 511,849 0.06
680,000 Peru (Govt of ) 2.783% - 23/Jan/31 596,921 0.08
550,000 Philippine (Govt of ) 3.950% - 20/Jan/40 541,697 0.07
775,000 Province of Quebec 2.750% - 12/Apr/27 725,056 0.09
377
(expressed in EUR)

Nominal Value
USD Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
1,100,000 Qatar (Govt of ) 4.000% - 14/Mar/29 1,092,135 0.14
300,000 Qatar (Govt of ) 4.625% - 2/Jun/46 335,364 0.04
3,429,000 Saudi (Govt) 2.250% - 2/Feb/33 2,948,532 0.37
275,000 Saudi (Govt) 3.450% - 2/Feb/61 244,887 0.03
13,932,000 United States Treasury N/B 0.125% - 31/Jan/23 # 12,208,073 1.53
8,006,000 United States Treasury N/B 0.500% - 31/Mar/25 # 6,925,147 0.87
704,000 United States Treasury N/B 3.000% - 15/Feb/48 756,564 0.10
92,220,894 11.60
EUR Bonds
595,000 AIA Group Limited FRN - 9/Sep/33 586,459 0.08
3,180,000 AT&T Inc. 1.600% - 19/May/28 3,364,693 0.41
1,585,000 Barclays plc FRN - 9/Aug/29 1,549,625 0.20
410,000 Becton Dickinson Euro Finance Sarl 1.213% - 12/Feb/36 401,985 0.05
900,000 BNP Paribas 1.000% - 27/Jun/24 922,401 0.12
545,000 BP Capital Markets BV 0.933% - 4/Dec/40 492,197 0.06
2,220,000 CRH Finland Services Oyj 0.875% - 5/Nov/23 2,259,184 0.29
830,000 Danfoss Finance I BV 0.375% - 28/Oct/28 817,676 0.10
775,000 E.ON SE 0.350% - 28/Feb/30 770,304 0.10
525,000 E.ON SE 1.625% - 22/May/29 570,158 0.07
400,000 Electricite de France SA 1.000% - 29/Nov/33 397,221 0.05
1,725,000 Goldman Sachs Group Inc. 1.250% - 1/May/25 1,770,792 0.22
2,450,000 Goldman Sachs Group Inc. 3.375% - 27/Mar/25 2,701,126 0.33
900,000 ING Groep NV FRN - 29/Nov/30 903,629 0.11
1,500,000 MACIF 0.625% - 21/Jun/27 1,471,194 0.19
#
Part of this security is held under collateral. The accompanying notes form an integral part of these financial statements.
378
(expressed in EUR)

Nominal Value

500,000 Orange SA 0.625% - 16/Dec/33 487,484 0.06
1,390,000 RCI Banque SA 0.750% - 26/Sep/22 1,396,761 0.18
870,000 RCI Banque SA 0.750% - 10/Apr/23 876,170 0.11
2,175,000 RCI Banque SA 1.250% - 8/Jun/22 2,189,693 0.27
1,220,000 UBS Group AG 0.250% - 24/Feb/28 1,201,991 0.15
1,040,000 UBS Group AG 0.875% - 3/Nov/31 1,037,458 0.13
1,610,000 Volkswagen Leasing GmbH 0.250% - 12/Jan/26 1,602,224 0.20
575,000 Volkswagen Leasing GmbH 1.500% - 19/Jun/26 602,571 0.08
1,900,000 Wintershall Dea Finance BV 0.452% - 25/Sep/23 1,914,278 0.24
1,100,000 Wintershall Dea Finance BV 0.840% - 25/Sep/25 1,117,391 0.14
47,993,077 6.03
GBP Bonds
1,300,000 American Honda Finance Corp. 0.750% - 25/Nov/26 1,496,324 0.19
1,135,000 AT&T Inc. 4.375% - 14/Sep/29 1,577,096 0.20
720,000 Bank of America Corp. FRN - 2/Jun/29 847,809 0.11
450,000 BNP Paribas 1.125% - 16/Aug/22 537,664 0.07
600,000 BNP Paribas SA 2.000% - 13/Sep/36 683,948 0.09
210,000 Credit Suisse Group AG FRN - 9/Jun/28 250,485 0.03
690,000 General Motors Financial Company Inc. 1.550% - 30/Jul/27 798,891 0.10
780,000 Goldman Sachs Group Inc 1.500% - 7/Dec/27 910,266 0.11
950,000 HSBC Holdings plc FRN - 24/Jul/27 1,118,240 0.14
1,165,000 JPMorgan Chase & Company FRN - 28/Apr/26 1,360,416 0.17
770,000 National Grid Gas plc 1.125% - 14/Jan/33 816,407 0.10
1,175,000 NatWest Group plc 3.622% - 14/Aug/30 1,457,618 0.18
525,000 Realty Income Corp. 1.750% - 13/Jul/33 607,194 0.08
1,700,000 Siemens Financieringsmaatschappij NV 1.000% - 20/Feb/25 2,012,710 0.25
14,475,068 1.82
USD Bonds
150,000 AbbVie Inc. 4.050% - 21/Nov/39 151,863 0.02
643,000 AbbVie Inc. 4.250% - 21/Nov/49 679,649 0.09
132,000 AbbVie Inc. 4.700% - 14/May/45 144,141 0.02
630,000 AerCap Ireland Capital DAC 2.450% - 29/Oct/26 558,850 0.07
310,000 Air Lease Corp. 3.000% - 15/Sep/23 279,948 0.04
5,000,000 Amazon.com Inc. 2.500% - 29/Nov/22 4,461,952 0.56
360,000 Amazon.com Inc. 2.875% - 12/May/41 328,301 0.04
2,305,000 American Honda Finance Corp. 2.050% - 10/Jan/23 2,057,244 0.26
200,000 American International Group Inc. 4.750% - 1/Apr/48 225,431 0.03
600,000 American International Group Inc. 4.800% - 10/Jul/45 669,425 0.08
379
(expressed in EUR)

Nominal Value

950,000 American Water Capital Corp. 2.800% - 1/May/30 866,389 0.11
525,000 American Water Capital Corp. 3.250% - 1/Jun/51 483,714 0.06
50,000 American Water Capital Corp. 3.450% - 1/May/50 47,322 0.01
75,000 Amgen Inc. 3.150% - 21/Feb/40 67,595 0.01
1,100,000 Anglo American Capital plc 4.000% - 11/Sep/27 1,043,956 0.14
525,000 Anheuser-Busch Inbev Worldwide Inc. 4.600% - 1/Jun/60 574,185 0.07
3,500,000 Anthem Inc. 2.950% - 1/Dec/22 3,138,521 0.40
780,000 Anthem Inc. 3.600% - 15/Mar/51 765,132 0.09
214,000 Anthem Inc. 4.625% - 15/May/42 234,519 0.03
525,000 Apple Inc. 2.800% - 8/Feb/61 461,138 0.06
200,000 Apple Inc. 3.450% - 9/Feb/45 196,912 0.02
150,000 AT&T Inc. 3.650% - 15/Sep/59 133,829 0.02
1,000,000 Baltimore Gas and Electric Company 3.200% - 15/Sep/49 920,761 0.12
155,000 Bank of America Corp. FRN - 23/Jul/31 130,632 0.02
465,000 Bank of America Corp. FRN - 21/Sep/36 395,102 0.05
625,000 Bank of America Corp. FRN - 22/Oct/30 568,014 0.07
1,870,000 Bank of America Corp. FRN - 23/Jul/30 1,734,186 0.22
1,000,000 Bank of America Corp. FRN - 7/Feb/30 969,924 0.12
830,000 Barclays plc FRN - 10/Mar/32 724,783 0.09
150,000 Boston Scientific Corp. 2.650% - 1/Jun/30 134,579 0.02
555,000 BP Capital Markets America Inc. 3.001% - 17/Mar/52 478,818 0.06
495,000 BP Capital Markets America Inc. 3.379% - 8/Feb/61 450,020 0.06
225,000 Bristol-Myers Squibb Company 4.250% - 26/Oct/49 245,846 0.03
625,000 Brixmor Operating Partnership LP 4.050% - 1/Jul/30 603,849 0.08
400,000 Broadcom Cayman Finance 3.875% - 15/Jan/27 381,648 0.05
140,000 Canadian Pacific Railway Company 2.450% - 2/Dec/31 125,665 0.02
176,000 Charter Communications Operating LLC 3.500% - 1/Jun/41 151,300 0.02
275,000 Charter Communications Operating LLC 6.484% - 23/Oct/45 330,360 0.04
90,000 Chubb INA Holdings 2.850% - 15/Dec/51 79,598 0.01
1,280,000 Chubb INA Holdings Inc. 2.875% - 3/Nov/22 1,142,135 0.14
450,000 Citigroup Inc. FRN - 10/Jan/28 429,960 0.05
790,000 Citigroup Inc. FRN - 23/Apr/29 766,655 0.10
325,000 Comcast Corp. 2.800% - 15/Jan/51 274,555 0.03
221,000 Comcast Corp. 4.049% - 1/Nov/52 229,355 0.03
400,000 Commonwealth Edison Co 4.000% - 1/Mar/48 416,791 0.05
200,000 Corp Nacional del Cobre de Chile 3.700% - 30/Jan/50 180,382 0.02
230,000 Corp Nacional Del Cobre de Chile 3.700% - 30/Jan/50 207,439 0.03
200,000 Corporacion Nacional del Cobre de Chile 3.150% - 14/Jan/30 180,026 0.02
825,000 Cox Communications Inc. 3.350% - 15/Sep/26 771,615 0.11
760,000 Credit Suisse AG 3.625% - 9/Sep/24 709,212 0.09
425,000 Crown Castle International Corp. 3.300% - 1/Jul/30 394,684 0.05
730,000 CVS Health Corp. 3.750% - 1/Apr/30 704,662 0.08
175,000 CVS Health Corp. 4.125% - 1/Apr/40 176,878 0.02
380
(expressed in EUR)

Nominal Value

120,000 Devon Energy Corp. 7.875% - 30/Sep/31 149,298 0.02
1,010,000 DH Europe Finance II Sarl 2.200% - 15/Nov/24 908,685 0.11
125,000 Discovery Communications LLC 3.950% - 20/Mar/28 119,595 0.02
855,000 Discovery Communications LLC 5.200% - 20/Sep/47 928,920 0.12
550,000 Dominion Energy Inc. 2.250% - 15/Aug/31 474,185 0.06
2,035,000 Dominion Energy Inc. 4.250% - 1/Jun/28 2,006,552 0.25
420,000 Electronic Arts Inc. 2.950% - 15/Feb/51 351,954 0.04
600,000 Empresa Nacional de Telecomunicaciones SA 3.050% - 14/Sep/32 518,895 0.07
2,391,000 Entergy Corp. 4.000% - 15/Jul/22 2,124,619 0.27
155,000 Enterprise Products Operating LLC 2.800% - 31/Jan/30 142,326 0.02
425,000 Enterprise Products Operating LLC 3.125% - 31/Jul/29 397,399 0.05
55,000 Enterprise Products Operating LLC 3.300% - 15/Feb/53 48,266 0.01
580,000 Enterprise Products Operating LLC 3.350% - 15/Mar/23 522,304 0.07
2,700,000 Eversource Energy 3.800% - 1/Dec/23 2,492,725 0.30
225,000 Exelon Corp. 4.450% - 15/Apr/46 238,972 0.03
250,000 Fedex Corp. 5.100% - 15/Jan/44 281,445 0.04
1,425,000 Galaxy Pipeline Assets Bidco Limited 2.160% - 31/Mar/34 1,231,640 0.15
1,763,000 General Motors Financial Company Inc. 3.550% - 8/Jul/22 1,572,976 0.20
5,000 Georgia Power Company 4.300% - 15/Mar/42 5,037 0.00
300,000 Gilead Sciences Inc. 2.600% - 1/Oct/40 253,614 0.03
415,000 Goldman Sachs Group Inc FRN - 21/Oct/27 363,656 0.05
590,000 Goldman Sachs Group Inc FRN - 27/Jan/32 496,069 0.06
360,000 Goldman Sachs Group Inc FRN - 22/Apr/42 328,198 0.04
1,350,000 Goldman Sachs Group Inc. FRN - 1/May/29 1,319,571 0.17
200,000 Grupo Televisa SAB 4.625% - 30/Jan/26 191,149 0.02
275,000 Hartford Financial Services Group Inc. 3.600% - 19/Aug/49 265,261 0.03
1,000,000 Hess Corp. 4.300% - 1/Apr/27 960,119 0.12
160,000 Hess Corp. 5.600% - 15/Feb/41 174,896 0.02
650,000 Hess Corp. 7.125% - 15/Mar/33 766,264 0.10
475,000 Hess Corp. 7.300% - 15/Aug/31 559,731 0.07
300,000 Home Depot Inc. 3.125% - 15/Dec/49 278,135 0.04
700,000 HSBC Holdings plc FRN - 17/Aug/29 604,385 0.08
375,000 HSBC Holdings plc FRN - 24/May/32 331,408 0.04
450,000 ING Groep NV 3.150% - 29/Mar/22 398,283 0.05
385,000 Intel Corp. 2.000% - 12/Aug/31 336,635 0.04
90,000 Intel Corp. 2.800% - 12/Aug/41 79,208 0.01
45,000 Intel Corp. 3.050% - 12/Aug/51 40,617 0.01
550,000 Intercontinental Exchange Inc. 1.850% - 15/Sep/32 464,142 0.06
650,000 Intercontinental Exchange Inc. 3.000% - 15/Jun/50 578,077 0.06
3,600,000 International Business Machines Corp. 2.875% - 9/Nov/22 3,218,866 0.41
330,000 JPMorgan Chase & Company FRN - 22/Apr/32 293,451 0.04
400,000 JPMorgan Chase & Company FRN - 15/Oct/30 361,398 0.05
1,225,000 JPMorgan Chase & Company FRN - 23/Jan/29 1,158,175 0.15
975,000 JPMorgan Chase & Company FRN - 6/May/30 935,422 0.12
381
(expressed in EUR)

Nominal Value

575,000 Martin Marietta Materials Inc. 2.400% - 15/Jul/31 503,237 0.06
525,000 Merck & Company Inc. 1.700% - 10/Jun/27 464,851 0.06
355,000 Merck & Company Inc. 1.900% - 10/Dec/28 312,970 0.04
585,000 Micron Technology Inc. 2.703% - 15/Apr/32 516,646 0.07
225,000 Micron Technology Inc. 4.663% - 15/Feb/30 228,112 0.03
525,000 Micron Technology Inc. 5.327% - 6/Feb/29 544,772 0.07
329,000 Microsoft Corp. 2.675% - 1/Jun/60 289,971 0.04
625,000 Microsoft Corp. 3.041% - 17/Mar/62 594,768 0.08
550,000 Morgan Stanley FRN - 16/Sep/36 467,702 0.06
3,375,000 Morgan Stanley 2.750% - 19/May/22 2,994,572 0.37
500,000 Morgan Stanley FRN - 25/Jan/52 431,859 0.05
2,200,000 Morgan Stanley FRN - 1/Apr/31 2,111,081 0.27
1,275,000 MPLX LP 4.125% - 1/Mar/27 1,226,844 0.15
660,000 Nasdaq Inc. 2.500% - 21/Dec/40 536,798 0.07
500,000 Nasdaq Inc. 3.250% - 28/Apr/50 448,664 0.06
1,090,000 NatWest Group plc FRN - 14/Jun/27 945,026 0.12
250,000 Ooredoo International Finance Limited 2.625% - 8/Apr/31 221,660 0.03
645,000 Oracle Corp. 2.875% - 25/Mar/31 570,358 0.07
300,000 Oracle Corp. 3.600% - 1/Apr/50 258,960 0.03
60,000 Oracle Corp. 3.950% - 25/Mar/51 54,807 0.01
340,000 Pfizer Inc. 2.700% - 28/May/50 301,878 0.04
2,850,000 PNC Bank NA 2.700% - 1/Nov/22 2,539,919 0.31
1,125,000 PNC Financial Services Group Inc. 3.300% - 8/Mar/22 991,452 0.12
525,000 Public Service Enterprise Group Inc. 2.450% - 15/Nov/31 458,196 0.06
125,000 Salesforce.com Inc. 1.500% - 15/Jul/28 108,692 0.01
400,000 Sigma Alimentos SA de CV 4.125% - 2/May/26 372,980 0.05
600,000 Sinopec Group Overseas Development 2.950% - 12/Nov/29 551,159 0.07
650,000 Southern Company 4.400% - 1/Jul/46 676,229 0.09
305,000 Sysco Corp. 5.950% - 1/Apr/30 335,497 0.04
750,000 Tencent Holdings Limited 2.880% - 22/Apr/31 672,580 0.09
3,075,000 Time Warner Entertainment Company 8.375% - 15/Mar/23 2,935,685 0.37
5,000 T-Mobile USA Inc. 3.300% - 15/Feb/51 4,306 0.00
445,000 UBS Group AG FRN - 11/Feb/32 379,117 0.05
60,000 Union Pacific Corp. 2.950% - 10/Mar/52 53,716 0.01
3,151,000 Unitedhealth Group Inc. 3.350% - 15/Jul/22 2,809,539 0.36
151,000 Unitedhealth Group Inc. 4.750% - 15/Jul/45 174,434 0.02
700,000 Unum Group 4.125% - 15/Jun/51 627,462 0.08
382
(expressed in EUR)

Nominal Value

2,400,000 ViacomCBS Inc. 4.750% - 15/May/25 2,317,273 0.29
45,000 Virginia Electric & Power Company 2.450% - 15/Dec/50 36,598 0.00
350,000 Walmart Inc. 1.800% - 22/Sep/31 304,778 0.03
550,000 Williams Companies Inc. 2.600% - 15/Mar/31 482,977 0.06
1,525,000 Williams Companies Inc. 3.500% - 15/Nov/30 1,432,927 0.18
1,700,000 Williams Companies Inc. 4.550% - 24/Jun/24 1,601,687 0.20
1,975,000 Williams Partners LP 3.600% - 15/Mar/22 1,745,538 0.23
325,000 Williams Partners LP 3.750% - 15/Jun/27 308,887 0.04
10,000 Williams Partners LP 4.500% - 15/Nov/23 9,279 0.00
725,000 Xcel Energy Inc. 3.500% - 1/Dec/49 677,849 0.09
106,716,837 13.47
Total Bonds 655,433,953 82.52
730,000 Province of Alberta 3.100% - 1/Jun/50 562,735 0.07
525,000 Province of Quebec 3.100% - 1/Dec/51 419,477 0.05
2,937,513 0.37
29,710,000 China (Govt of ) 2.570% - 20/May/23 4,124,056 0.52
135,130,000 China (Govt of ) 2.690% - 12/Aug/26 18,780,050 2.35
48,410,000 China (Govt of ) 3.270% - 19/Nov/30 6,965,566 0.88
45,000,000 China (Govt of ) 3.810% - 14/Sep/50 6,687,084 0.84
82,260,000 China Development Bank 2.830% - 10/Sep/26 11,418,972 1.44
90,000,000 China Development Bank 2.980% - 8/Jan/24 12,577,976 1.58
55,230,000 China Development Bank 3.700% - 20/Oct/30 7,972,646 1.00
16,870,000 China Development Bank 3.900% - 3/Aug/40 2,508,611 0.32
71,034,961 8.93
MYR Supranationals, Governments and Local Public Authorities, Debt Instruments
8,250,000 Malaysia (Govt of ) 3.418% - 15/Aug/22 1,760,549 0.22
8,532,000 Malaysia (Govt of ) 3.844% - 15/Apr/33 1,801,361 0.23
3,561,910 0.45
THB Supranationals, Governments and Local Public Authorities, Debt Instruments
25,508,000 Thailand (Govt of ) 3.300% - 17/Jun/38 738,083 0.09
56,170,000 Thailand (Govt of ) 4.875% - 22/Jun/29 1,810,336 0.23
2,687,116 0.34
280,000 California State University - B 2.939% - 1/Nov/52 244,705 0.03
383
(expressed in EUR)

Nominal Value
435,000 Metropolitan Transportation Authority 6.814% - 15/Nov/40 546,818 0.07
333,000 New Jersey State Turnpike Authority 7.414% - 1/Jan/40 476,522 0.06
915,000 North Texas Tollway Authority 3.011% - 1/Jan/43 827,450 0.10
330,000 Port Authority of New York & New Jersey 6.040% - 1/Dec/29 376,488 0.05
425,000 University of California 4.858% - 15/May/12 545,975 0.07
3,017,958 0.38
USD Bonds
775,000 Baxter International 0.868% - 1/Dec/23 678,972 0.09
2,400,000 Brighthouse Financial Inc. 5.625% - 15/May/30 2,521,028 0.32
1,245,000 Broadcom Inc. 1.950% - 15/Feb/28 1,079,817 0.13
175,000 Broadcom Inc. 2.450% - 15/Feb/31 150,731 0.02
240,000 Broadcom Inc. 3.500% - 15/Feb/41 216,395 0.03
900,000 Carrier Global Corp. 2.493% - 15/Feb/27 811,177 0.10
250,000 Carrier Global Corp. 3.377% - 5/Apr/40 230,084 0.03
575,000 Carrier Global Corp. 3.577% - 5/Apr/50 538,554 0.07
1,949,000 CommonSpirit Health 2.782% - 1/Oct/30 1,745,536 0.22
76,000 CommonSpirit Health 3.347% - 1/Oct/29 71,074 0.01
300,000 Microchip Technology Inc. 0.972% - 15/Feb/24 262,416 0.03
3,050,000 Microchip Technology Inc. 4.333% - 1/Jun/23 2,796,133 0.35
675,000 Northeastern University 2.894% - 1/Oct/50 595,369 0.07
1,665,000 NXP BV 2.650% - 15/Feb/32 1,468,526 0.18
285,000 NXP BV 3.125% - 15/Feb/42 252,471 0.03
1,225,000 Principal Financial Group Inc. 3.300% - 15/Sep/22 1,097,026 0.14
600,000 Royalty Pharma plc 2.200% - 2/Sep/30 511,444 0.06
500,000 Trinity Health Corp. 2.632% - 1/Dec/40 430,198 0.05
16,153,710 2.02
Total Bonds 16,153,710 2.02

USD Bonds
575,000 Alcon Finance Corp 2.600% - 27/May/30 511,966 0.06
475,000 Boston Gas Co 3.001% - 1/Aug/29 429,708 0.05
2,435,000 BPCE SA FRN - 6/Oct/26 2,112,487 0.26
670,000 Brighthouse Financial Global Funding 2.000% - 28/Jun/28 580,293 0.07
800,000 Cox Communications Inc. 2.950% - 1/Oct/50 661,413 0.08
725,000 Enel Finance International NV 2.250% - 12/Jul/31 618,105 0.08
700,000 Massachusetts Electric Company 1.729% - 24/Nov/30 575,470 0.07
5,105,000 Metropolitan Life Global Funding I 3.375% - 11/Jan/22 4,491,428 0.56
125,000 Microchip Technology Inc. 0.983% - 1/Sep/24 108,065 0.01
845,000 Northwestern Mutual Life Insurance Company 1.700% - 1/Jun/28 735,506 0.09
384
(expressed in EUR)

Nominal Value

2,150,000 Pacific Life Global Funding II 0.500% - 23/Sep/23 1,878,860 0.24
1,235,000 Penske Truck Leasing Company LP 3.450% - 1/Jul/24 1,140,478 0.14
1,250,000 Penske Truck Leasing Company LP 4.125% - 1/Aug/23 1,145,999 0.15
885,000 Principal Life Global Funding II 1.250% - 23/Jun/25 770,318 0.10
2,125,000 Volkswagen Group of America Finance LLC 3.350% - 13/May/25 1,969,558 0.25
17,729,654 2.21
Total Bonds 17,729,654 2.21
385
Sector % NAV
Governments 70.62
Banks 6.03
Insurance 2.16
Pipelines 1.15
Retail 0.63
Semiconductors 0.53
Medical 0.33
Software 0.31
Transportation 0.25
Food 0.15
Gas 0.14
Biotechnology 0.11
Beverages 0.07
Municipal 0.07
Food services 0.04
Media 0.02
386
(expressed in EUR)

Nominal Value
940,000 Australia (Govf of ) 4.500% - 21/Apr/33 773,144 0.03
1,000,000 Australia (Govt of ) 0.500% - 21/Sep/26 615,129 0.02
5,500,000 Australia (Govt of ) 1.000% - 21/Dec/30 3,326,769 0.13
1,000,000 Australia (Govt of ) 1.000% - 21/Nov/31 600,571 0.02
1,500,000 Australia (Govt of ) 1.250% - 21/May/32 919,457 0.04
980,000 Australia (Govt of ) 1.500% - 21/Jun/31 617,814 0.02
770,000 Australia (Govt of ) 1.750% - 21/Nov/32 494,338 0.02
800,000 Australia (Govt of ) 1.750% - 21/Jun/51 441,941 0.02
1,100,000 Australia (Govt of ) 2.500% - 21/May/30 751,962 0.03
1,200,000 Australia (Govt of ) 2.750% - 21/Nov/28 828,390 0.03
970,000 Australia (Govt of ) 3.000% - 21/Mar/47 690,697 0.03
800,000 Australia (Govt of ) 3.250% - 21/Apr/29 571,548 0.02
1,140,000 Australia (Govt of ) 3.250% - 21/Jun/39 843,789 0.03
300,000 Australia (Govt of ) 3.750% - 21/Apr/37 235,554 0.01
1,150,000 Australia (Govt of ) 4.250% - 21/Apr/26 826,908 0.03
1,000,000 BNG Bank NV 3.300% - 17/Jul/28 686,570 0.03
900,000 Landwirtschaftliche Rentenbank 4.250% - 24/Jan/23 598,071 0.02
500,000 New South Wales Treasury Corp. 2.000% - 8/Mar/33 316,647 0.01
500,000 New South Wales Treasury Corp. 2.250% - 7/May/41 298,335 0.01
1,320,000 New South Wales Treasury Corp. 3.000% - 20/May/27 904,801 0.04
1,000,000 New South Wales Treasury Corp. 3.000% - 20/Mar/28 687,498 0.03
500,000 New South Wales Treasury Corp. 3.000% - 20/Feb/30 346,774 0.01
500,000 Queensland Treasury Corp. 1.250% - 10/Mar/31 301,556 0.01
830,000 Queensland Treasury Corp. 1.500% - 20/Aug/32 503,259 0.02
500,000 Queensland Treasury Corp. 1.750% - 20/Jul/34 302,372 0.01
1,500,000 Queensland Treasury Corp. 2.750% - 20/Aug/27 1,017,882 0.03
1,000,000 Queensland Treasury Corp. 4.750% - 21/Jul/25 714,896 0.03
500,000 South Australian Government Financing Authority 1.750% - 24/May/32 311,403 0.01
500,000 South Australian Government Financing Authority 3.000% - 24/May/28 344,056 0.01
600,000 South Australian Government Financing Authority 4.250% - 20/Nov/23 408,508 0.02
1,000,000 Tasmanian Public Finance Corp. 3.250% - 24/Jan/28 691,708 0.03
500,000 Treasury Corp. of Victoria 1.500% - 20/Nov/30 307,845 0.01
1,000,000 Treasury Corp. of Victoria 2.250% - 15/Sep/33 643,358 0.02
400,000 Treasury Corp. of Victoria 2.250% - 20/Nov/41 236,344 0.01
1,000,000 Treasury Corp. of Victoria 3.000% - 20/Oct/28 688,736 0.03
300,000 Western Australian Treasury Corp. 1.750% - 22/Oct/31 187,869 0.01
1,000,000 Western Australian Treasury Corp. 6.000% - 16/Oct/23 699,479 0.03
37,311,144 1.45
387
(expressed in EUR)

Nominal Value

500,000 Asian Development Bank 0.750% - 10/Feb/26 338,124 0.01
7,000,000 Canada (Govt of ) 0.500% - 1/Sep/25 4,755,671 0.18
500,000 Canada (Govt of ) 2.250% - 1/Jun/25 360,993 0.01
1,000,000 Canada (Govt of ) 2.750% - 1/Dec/64 902,292 0.04
700,000 Canada (Govt of ) 3.500% - 1/Dec/45 662,548 0.03
2,000,000 Canada Housing Trust No 1 0.950% - 15/Jun/25 1,379,657 0.05
800,000 Canada Housing Trust No 1 1.100% - 15/Mar/31 523,561 0.02
1,000,000 Canada Housing Trust No 1 2.100% - 15/Sep/29 714,646 0.03
900,000 Canada Housing Trust No 1 2.350% - 15/Jun/27 650,785 0.03
300,000 Canada Housing Trust No 1 2.350% - 15/Mar/28 217,814 0.01
1,600,000 Canada Housing Trust No 1 3.150% - 15/Sep/23 1,153,257 0.04
5,000,000 Canadian (Govt of ) 2.000% - 1/Jun/28 3,634,646 0.14
4,000,000 Canadian When Issued (Govt of ) 0.250% - 1/Apr/24 2,737,019 0.11
2,350,000 Canadian When Issued (Govt of ) 2.000% - 1/Dec/51 1,758,017 0.07
500,000 International Bank for Reconstruction & Development 1.200% - 22/Jul/26 342,664 0.01
500,000 Province of British Columbia 3.300% - 18/Dec/23 362,829 0.01
160,000 Province of British Columbia 6.150% - 19/Nov/27 138,931 0.01
2,500,000 Province of Quebec 2.450% - 1/Mar/23 1,771,876 0.06
500,000 Province of Quebec 3.000% - 1/Sep/23 359,692 0.01
1,500,000 Province of Quebec 3.500% - 1/Dec/22 1,070,549 0.03
500,000 Province of Quebec 6.250% - 1/Jun/32 482,005 0.02
44,054,079 1.64
2,000,000 Switzerland (Govt of ) 0.000% - 22/Jun/29 1,968,625 0.08
1,100,000 Switzerland (Govt of ) 0.000% - 24/Jul/39 1,060,673 0.04
3,029,298 0.12
388
(expressed in EUR)

Nominal Value
CLP Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
685,000,000 Chile (Govt of ) 4.500% - 1/Mar/26 681,504 0.03
270,000,000 Chile (Govt of ) 6.000% - 1/Jan/43 281,511 0.01
963,015 0.04
5,000,000,000 Colombia (Govt of ) 7.250% - 18/Oct/34 989,689 0.04
2,188,370 0.09
25,000,000 Czech Republic (Govt of ) 0.250% - 10/Feb/27 869,609 0.03
15,000,000 Czech Republic (Govt of ) 1.200% - 13/Mar/31 520,327 0.02
10,000,000 Czech Republic (Govt of ) 1.750% - 23/Jun/32 364,046 0.01
9,000,000 Czech Republic (Govt of ) 2.000% - 13/Oct/33 332,279 0.01
10,000,000 Czech Republic (Govt of ) 5.700% - 25/May/24 422,457 0.02
3,284,985 0.12
5,376,727 0.21
600,000 Agence Francaise de Developpement 0.010% - 25/Nov/28 596,834 0.02
300,000 Agence Francaise de Developpement 1.375% - 5/Jul/32 329,761 0.01
200,000 Agence France Locale 0.000% - 20/Sep/27 199,878 0.01
300,000 Austria (Govt of ) 0.750% - 20/Mar/51 308,688 0.01
300,000 Austria (Govt of ) 1.500% - 20/Feb/47 366,478 0.01
200,000 Austria (Govt of ) 1.500% - 2/Nov/86 254,226 0.01
400,000 Austria (Govt of ) 2.100% - 20/Sep/17 615,191 0.02
280,000 Austria (Govt of ) 2.400% - 23/May/34 355,517 0.01
160,000 Austria (Govt of ) 3.800% - 26/Jan/62 328,868 0.01
800,000 Austria (Govt of ) 4.150% - 15/Mar/37 1,262,114 0.05
300,000 Autobahnen-und Schnellstrassen-Finanzierungs-AG 3.375% - 22/Sep/25 339,051 0.01
400,000 Autonomous Community of Madrid 1.773% - 30/Apr/28 439,177 0.02
389
(expressed in EUR)

Nominal Value
960,000 Belgium (Govt of ) 1.450% - 22/Jun/37 1,091,798 0.04
640,000 Belgium (Govt of ) 3.750% - 22/Jun/45 1,048,608 0.04
750,000 Belgium (Govt of ) 4.500% - 28/Mar/26 910,065 0.04
500,000 BNG Bank NV 0.125% - 19/Apr/33 489,264 0.02
200,000 BNG Bank NV 0.125% - 9/Jul/35 191,787 0.01
200,000 BNG Bank NV 1.000% - 12/Jan/26 209,317 0.01
200,000 BNG Bank NV 1.500% - 29/Mar/38 230,423 0.01
800,000 BNG Bank NV 3.875% - 26/May/23 848,991 0.03
800,000 BPIFrance Financement SA 0.125% - 25/Nov/23 809,216 0.03
600,000 BPIFrance Financement SA 0.250% - 4/Jun/31 598,658 0.02
400,000 BPIFrance Financement SA 2.750% - 25/Oct/25 445,826 0.02
1,000,000 Caisse d’Amortissement de la Dette Sociale 0.000% - 25/Feb/28 1,001,602 0.04
900,000 Caisse d’Amortissement de la Dette Sociale 1.375% - 25/Nov/24 944,483 0.04
400,000 Cassa Depositi e Prestiti SpA 1.500% - 21/Jun/24 414,290 0.02
200,000 Chile (Govt of ) 1.250% - 22/Jan/51 180,871 0.01
300,000 Chile (Govt of ) 1.750% - 20/Jan/26 319,282 0.01
600,000 China (Govt of ) 0.250% - 25/Nov/30 584,268 0.02
650,000 City of Hamburg 0.375% - 1/Apr/25 662,051 0.03
500,000 Council of Europe Development Bank 0.750% - 9/Jun/25 516,899 0.02
400,000 Cppib Capital Inc. 0.250% - 18/Jan/41 363,239 0.01
300,000 CPPIB Capital Inc. 0.375% - 20/Jun/24 304,647 0.01
250,000 CPPIB Capital Inc. 0.875% - 6/Feb/29 261,561 0.01
300,000 Cyprus (Govt of ) 1.250% - 21/Jan/40 304,332 0.01
500,000 Cyprus (Govt of ) 1.500% - 16/Apr/27 530,783 0.02
1,200,000 European Financial Stability Facility 0.125% - 17/Oct/23 1,214,244 0.04
390
(expressed in EUR)

Nominal Value
1,000,000 European Investment Bank 0.000% - 14/Jan/31 991,729 0.04
800,000 European Investment Bank 2.750% - 15/Mar/40 1,114,171 0.04
840,000 European Investment Bank 4.000% - 15/Oct/37 1,300,544 0.05
430,000 European Stability Mechanism 0.125% - 22/Apr/24 435,833 0.02
250,000 European Stability Mechanism 1.125% - 3/May/32 273,586 0.01
200,000 European Union 0.200% - 4/Jun/36 195,736 0.01
500,000 European Union 0.450% - 2/May/46 491,728 0.02
200,000 European Union 0.750% - 4/Jan/47 209,469 0.01
500,000 Export-Import Bank of China 0.750% - 28/May/23 505,475 0.01
391
(expressed in EUR)

Nominal Value
200,000 Finnvera Oyj 0.500% - 13/Apr/26 204,926 0.01
200,000 Flemish Community 1.875% - 2/Jun/42 239,229 0.01
400,000 Fondo de Titulizacion del Deficit del Sistema Electrico 0.500% - 17/Mar/23 405,007 0.02
970,000 France (Govt of ) 4.000% - 25/Apr/60 1,915,508 0.07
392
(expressed in EUR)

Nominal Value
600,000 France (Govt Of ) 0.500% - 25/May/72 464,973 0.02
500,000 Gemeinsame Deutsche Bundeslaender 0.010% - 26/Aug/30 493,895 0.02
500,000 Gemeinsame Deutsche Bundeslaender 0.500% - 5/Feb/25 511,428 0.02
800,000 Germany (Govt of ) 0.000% - 15/Feb/31 816,072 0.03
800,000 Germany (Govt of ) 0.000% - 15/Aug/31 816,232 0.03
600,000 Germany (Govt of ) 0.000% - 15/May/36 599,172 0.02
1,000,000 Germany (Govt of ) 0.000% - 15/Aug/50 963,470 0.04
750,000 Germany (Govt of ) 0.000% - 15/Aug/50 714,660 0.03
2,815,000 Germany (Govt of ) 2.500% - 15/Aug/46 # 4,501,269 0.17
100,000 Germany (Govt of ) 3.250% - 4/Jul/42 167,310 0.01
760,000 Germany (Govt of ) 5.625% - 4/Jan/28 1,042,758 0.04
860,000 Germany (Govt of ) 6.250% - 4/Jan/30 1,323,153 0.05
500,000 Hungary (Govt of ) 1.125% - 28/Apr/26 520,156 0.02
300,000 International Bank for Reconstruction & Development 0.100% - 17/Sep/35 287,067 0.01
400,000 International Bank for Reconstruction & Development 0.250% - 21/May/29 405,209 0.02
500,000 International Development Association 0.000% - 15/Jul/31 487,484 0.02
700,000 Ireland (Govt of ) 0.000% - 18/Oct/31 683,123 0.03
550,000 Ireland (Govt of ) 0.200% - 18/Oct/30 553,603 0.02
410,000 Ireland (Govt of ) 0.550% - 22/Apr/41 400,645 0.02
#
Part of this security is held under collateral. The accompanying notes form an integral part of these financial statements.
393
(expressed in EUR)

Nominal Value
500,000 Ireland (Govt of ) 1.350% - 18/Mar/31 556,890 0.02
350,000 Ireland (Govt of ) 2.000% - 18/Feb/45 447,780 0.02
3,880,000 Italy (Govt of ) 0.000% - 1/Apr/26 3,820,714 0.15
1,000,000 Italy (Govt of ) 0.250% - 15/Mar/28 975,732 0.04
1,000,000 Italy (Govt of ) 0.500% - 1/Feb/26 1,007,704 0.04
600,000 Italy (Govt of ) 0.500% - 15/Jul/28 592,171 0.02
600,000 Italy (Govt of ) 0.600% - 1/Aug/31 571,657 0.02
1,000,000 Italy (Govt of ) 0.650% - 15/Oct/23 1,015,786 0.04
4,360,000 Italy (Govt of ) 0.850% - 15/Jan/27 4,444,219 0.17
400,000 Italy (Govt of ) 0.900% - 1/Apr/31 393,535 0.02
3,910,000 Italy (Govt of ) 0.950% - 15/Mar/23 3,973,371 0.15
1,000,000 Italy (Govt of ) 0.950% - 1/Dec/31 980,240 0.04
1,100,000 Italy (Govt of ) 1.250% - 1/Dec/26 1,145,260 0.04
1,500,000 Italy (Govt of ) 1.450% - 1/Mar/36 1,500,644 0.06
2,000,000 Italy (Govt of ) 1.500% - 1/Jun/25 2,090,798 0.08
2,310,000 Italy (Govt of ) 1.650% - 1/Mar/32 2,421,734 0.09
800,000 Italy (Govt of ) 1.700% - 1/Sep/51 751,704 0.03
720,000 Italy (Govt of ) 1.800% - 1/Mar/41 727,491 0.03
1,000,000 Italy (Govt of ) 2.000% - 1/Dec/25 1,068,103 0.04
1,600,000 Italy (Govt of ) 2.050% - 1/Aug/27 1,732,412 0.07
600,000 Italy (Govt of ) 2.150% - 1/Mar/72 574,439 0.02
1,740,000 Italy (Govt of ) 2.200% - 1/Jun/27 1,897,957 0.07
2,100,000 Italy (Govt of ) 2.450% - 1/Sep/33 2,365,620 0.09
500,000 Italy (Govt of ) 2.450% - 1/Sep/50 551,360 0.02
1,350,000 Italy (Govt of ) 2.500% - 15/Nov/25 1,468,185 0.06
1,220,000 Italy (Govt of ) 2.700% - 1/Mar/47 1,415,175 0.05
300,000 Italy (Govt of ) 2.800% - 1/Mar/67 339,666 0.01
1,070,000 Italy (Govt of ) 3.250% - 1/Sep/46 1,356,493 0.05
1,300,000 Italy (Govt of ) 3.350% - 1/Mar/35 1,599,982 0.06
600,000 Italy (Govt of ) 3.450% - 1/Mar/48 788,532 0.03
5,800,000 Italy (Govt of ) 3.500% - 1/Mar/30 6,999,962 0.27
1,000,000 Italy (Govt of ) 3.750% - 1/Sep/24 1,098,822 0.04
790,000 Italy (Govt of ) 3.850% - 1/Sep/49 1,111,763 0.04
3,000,000 Italy (Govt of ) 4.000% - 1/Feb/37 4,000,335 0.16
3,250,000 Italy (Govt of ) 4.500% - 1/Mar/24 3,570,548 0.14
800,000 Italy (Govt of ) 4.750% - 1/Aug/23 863,983 0.03
1,105,000 Italy (Govt of ) 4.750% - 1/Sep/44 1,712,486 0.07
4,650,000 Italy (Govt of ) 5.000% - 1/Mar/25 5,365,873 0.21
1,520,000 Italy (Govt of ) 5.000% - 1/Aug/39 2,305,631 0.09
1,900,000 Italy (Govt of ) 5.000% - 1/Sep/40 2,921,250 0.11
394
(expressed in EUR)

Nominal Value
5,900,000 Italy (Govt of ) 5.250% - 1/Nov/29 7,897,487 0.31
600,000 KAF Kaerntner Ausgleichszahlungs-Fonds 0.000% - 14/Jan/32 573,668 0.02
200,000 Kommunalbanken AS 0.625% - 20/Apr/26 205,656 0.01
500,000 Kommunekredit 0.010% - 4/May/34 473,031 0.02
1,000,000 Kreditanstalt Fuer Wiederaufbau 0.000% - 15/Nov/24 1,013,986 0.03
500,000 Kuntarahoitus Oyj 0.125% - 7/Mar/24 505,479 0.02
750,000 Land Baden-Wurttemberg 0.625% - 16/Jan/25 769,868 0.03
600,000 Land Berlin 0.100% - 18/Jan/30 599,511 0.02
200,000 Land Berlin 0.125% - 24/Nov/45 179,558 0.01
500,000 Land Berlin 0.625% - 5/Feb/29 520,215 0.02
340,000 Land Berlin 1.375% - 5/Jun/37 383,047 0.01
500,000 Landwirtschaftliche Rentenbank 0.000% - 27/Nov/29 497,841 0.02
1,000,000 Landwirtschaftliche Rentenbank 0.500% - 6/Mar/25 1,023,922 0.04
500,000 Landwirtschaftliche Rentenbank 0.500% - 28/Feb/29 518,008 0.02
600,000 Latvia (Govt of ) 0.375% - 7/Oct/26 610,550 0.02
400,000 Madrid (Autonomous Community of ) 2.875% - 17/Jul/23 420,475 0.02
1,000,000 Mexico (Govt of ) 1.375% - 15/Jan/25 1,034,600 0.04
300,000 Nederlandse Waterschapsbank NV 1.250% - 27/May/36 329,286 0.01
900,000 Netherlands (Govt of ) 0.250% - 15/Jul/25 923,868 0.04
500,000 Netherlands (Govt of ) 0.750% - 15/Jul/27 531,150 0.02
395
(expressed in EUR)

Nominal Value
900,000 Netherlands (Govt of ) 2.750% - 15/Jan/47 1,463,436 0.06
670,000 Netherlands (Govt of ) 4.000% - 15/Jan/37 1,060,074 0.04
445,000 NRW Bank 0.500% - 11/May/26 455,607 0.02
500,000 OeBB-Infrastruktur AG 3.000% - 24/Oct/33 647,806 0.03
100,000 Peru (Govt of ) 3.750% - 1/Mar/30 118,855 0.00
990,000 Poland (Govt of ) 1.000% - 7/Mar/29 1,045,935 0.04
1,000,000 Poland (Govt of ) 3.000% - 15/Jan/24 1,068,260 0.04
700,000 Portugal (Govt of ) 0.475% - 18/Oct/30 711,354 0.03
980,000 Portugal (Govt of ) 2.125% - 17/Oct/28 1,116,612 0.04
800,000 Portugal (Govt of ) 4.100% - 15/Apr/37 1,182,920 0.05
200,000 Province of Alberta 0.625% - 16/Jan/26 205,245 0.01
500,000 Province of British Columbia 0.875% - 8/Oct/25 517,440 0.02
450,000 Province of Ontario 1.875% - 21/May/24 472,802 0.02
300,000 Province of Quebec 2.375% - 22/Jan/24 316,506 0.01
200,000 Region Ile de France 0.500% - 14/Jun/25 205,042 0.01
300,000 Russia (Govt of ) 2.650% - 27/May/36 302,933 0.01
200,000 Saudi (Govt) 2.000% - 9/Jul/39 211,804 0.01
300,000 SFIL SA 0.750% - 6/Feb/26 311,219 0.01
2,000,000 Slovakia (Govt of ) 0.000% - 13/Nov/23 2,025,610 0.08
500,000 Slovakia (Govt of ) 1.875% - 9/Mar/37 591,306 0.02
590,000 Slovenia (Govt of ) 1.750% - 3/Nov/40 685,169 0.03
1,000,000 SNCF Reseau 1.000% - 9/Nov/31 1,056,739 0.03
400,000 SNCF Reseau 1.125% - 25/May/30 429,108 0.02
396
(expressed in EUR)

Nominal Value
700,000 SNCF Reseau 2.625% - 29/Dec/25 777,263 0.03
650,000 SNCF SA 4.625% - 2/Feb/24 717,802 0.03
300,000 Societe du Grand Paris EPIC 0.700% - 15/Oct/60 254,758 0.01
300,000 Societe Nationale SNCF SA 0.875% - 28/Feb/51 264,231 0.01
1,000,000 Spain (Govt of ) 0.100% - 30/Apr/31 964,865 0.04
2,370,000 Spain (Govt of ) 0.500% - 30/Apr/30 2,400,549 0.09
1,400,000 Spain (Govt of ) 0.600% - 31/Oct/29 1,435,840 0.06
1,000,000 Spain (Govt of ) 0.800% - 30/Jul/27 1,043,220 0.04
1,050,000 Spain (Govt of ) 1.000% - 31/Oct/50 953,341 0.04
1,440,000 Spain (Govt of ) 1.200% - 31/Oct/40 1,453,637 0.06
2,670,000 Spain (Govt of ) 1.250% - 31/Oct/30 2,861,613 0.11
940,000 Spain (Govt of ) 1.400% - 30/Jul/28 1,019,815 0.04
1,230,000 Spain (Govt of ) 1.450% - 31/Oct/27 1,330,270 0.05
890,000 Spain (Govt of ) 1.450% - 30/Apr/29 969,032 0.04
300,000 Spain (Govt of ) 1.450% - 31/Oct/71 261,300 0.01
1,000,000 Spain (Govt of ) 1.600% - 30/Apr/25 1,065,550 0.04
500,000 Spain (Govt of ) 1.850% - 30/Jul/35 564,210 0.02
700,000 Spain (Govt of ) 1.950% - 30/Jul/30 792,946 0.03
2,000,000 Spain (Govt of ) 2.350% - 30/Jul/33 2,374,280 0.09
300,000 Spain (Govt of ) 2.700% - 31/Oct/48 393,942 0.02
1,500,000 Spain (Govt of ) 2.750% - 31/Oct/24 1,638,090 0.06
1,800,000 Spain (Govt of ) 2.900% - 31/Oct/46 2,430,468 0.09
740,000 Spain (Govt of ) 3.450% - 30/Jul/66 1,114,063 0.04
2,640,000 Spain (Govt of ) 4.200% - 31/Jan/37 3,880,166 0.15
3,970,000 Spain (Govt of ) 4.400% - 31/Oct/23 4,333,533 0.17
1,900,000 Spain (Govt of ) 4.650% - 30/Jul/25 2,239,245 0.09
770,000 Spain (Govt of ) 4.700% - 30/Jul/41 1,263,786 0.05
1,000,000 Spain (Govt of ) 4.800% - 31/Jan/24 1,111,970 0.04
450,000 Spain (Govt of ) 4.900% - 30/Jul/40 747,446 0.03
850,000 Spain (Govt of ) 5.150% - 31/Oct/44 1,529,839 0.06
1,000,000 Spain (Govt of ) 5.400% - 31/Jan/23 1,065,090 0.04
5,000,000 Spain (Govt of ) 5.900% - 30/Jul/26 6,389,650 0.25
3,500,000 Spain (Govt of ) 6.000% - 31/Jan/29 4,953,130 0.19
200,000 State of Brandenburg 0.750% - 8/Aug/36 206,339 0.01
500,000 State of Bremen 0.150% - 14/Sep/40 461,029 0.02
200,000 State of Bremen 1.200% - 30/Jan/34 218,782 0.01
700,000 State of Hesse 0.625% - 2/Aug/28 727,515 0.03
500,000 State of Lower Saxony 0.010% - 13/Aug/30 494,009 0.02
700,000 State of Lower Saxony 0.625% - 20/Jan/25 718,817 0.03
1,000,000 State of Lower Saxony 0.750% - 15/Feb/28 1,045,914 0.03
397
(expressed in EUR)

Nominal Value
530,000 State of Rhineland-Palatinate 0.100% - 18/Aug/26 534,829 0.02
600,000 State of Schleswig-Holstein 0.010% - 26/Nov/29 595,411 0.02
500,000 State of Thueringen 0.500% - 12/May/25 511,971 0.02
800,000 Unedic Asseo 0.010% - 25/May/31 781,145 0.03
200,000 Unedic Asseo 0.250% - 16/Jul/35 192,324 0.01
600,000 Unedic Asseo 1.250% - 21/Oct/27 647,595 0.03
700,000 Unedic Asseo 2.250% - 5/Apr/23 724,635 0.03
488,039,022 18.91
500,000 Asian Development Bank 0.125% - 15/Dec/26 567,585 0.02
600,000 European Investment Bank 0.125% - 14/Dec/26 681,040 0.03
1,000,000 European Investment Bank 6.000% - 7/Dec/28 1,579,181 0.07
500,000 FMS Wertmanagement 1.125% - 20/Mar/23 598,462 0.02
200,000 Kreditanstalt fuer Wiederaufbau 6.000% - 7/Dec/28 316,019 0.01
200,000 Nederlandse Waterschapsbank NV 0.250% - 15/Dec/25 230,296 0.01
500,000 Nordic Investment Bank 1.125% - 16/Mar/22 596,630 0.02
200,000 Province of Manitoba 1.500% - 15/Dec/22 239,981 0.01
1,000,000 United Kingdom Gilt 1.000% - 22/Apr/24 1,201,140 0.05
900,000 United Kingdom Gilt 1.500% - 22/Jul/47 1,149,832 0.04
270,000 United Kingdom Gilt 1.625% - 22/Oct/71 420,093 0.02
398
(expressed in EUR)

Nominal Value
680,000 United Kingdom Gilt 3.500% - 22/Jan/45 1,186,166 0.05
200,000 United Kingdom Gilt 4.250% - 7/Sep/39 356,490 0.01
570,000 United Kingdom Gilt 4.500% - 7/Sep/34 956,053 0.04
110,083,039 4.28
200,000,000 Hungary (Govt of ) 2.000% - 23/May/29 458,829 0.02
113,000,000 Hungary (Govt of ) 3.000% - 21/Aug/30 274,254 0.01
300,000,000 Hungary (Govt of ) 5.500% - 24/Jun/25 847,237 0.03
1,979,321 0.08
IDR Supranationals, Governments and Local Public Authorities, Debt Instruments
25,000,000,000 Indonesia (Govt of ) 6.500% - 15/Jun/25 1,625,814 0.06
25,000,000,000 Indonesia (Govt of ) 7.000% - 15/Sep/30 1,602,727 0.06
15,000,000,000 Indonesia (Govt of ) 7.500% - 15/Jun/35 972,257 0.04
32,576,000,000 Indonesia (Govt of ) 8.375% - 15/Apr/39 2,265,547 0.09
40,000,000,000 Indonesia (Govt of ) 8.750% - 15/May/31 2,844,269 0.11
11,399,562 0.44
ILS Supranationals, Governments and Local Public Authorities, Debt Instruments
1,500,000 Israel (Govt of ) 1.500% - 31/May/37 405,449 0.02
4,000,000 Israel (Govt of ) 2.250% - 28/Sep/28 1,240,083 0.05
1,200,000 Israel (Govt of ) 5.500% - 31/Jan/42 539,637 0.02
4,590,695 0.18
160,000,000 Asian Development Bank 2.350% - 21/Jun/27 1,391,302 0.06
50,000,000 Development Bank of Japan Inc. 1.050% - 20/Jun/23 387,568 0.02
1,300,000,000 Japan (Govt of ) 0.100% - 1/Mar/23 9,949,468 0.39
1,000,000,000 Japan (Govt of ) 0.100% - 20/Mar/24 7,670,008 0.30
399
(expressed in EUR)

Nominal Value
JPY Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
200,000,000 Japan (Govt of ) 0.100% - 20/Jun/24 1,534,582 0.06
300,000,000 Japan (Govt of ) 0.100% - 20/Mar/25 2,305,218 0.09
300,000,000 Japan (Govt of ) 0.100% - 20/Dec/25 2,308,150 0.09
430,000,000 Japan (Govt of ) 0.100% - 20/Mar/26 3,309,202 0.13
755,000,000 Japan (Govt of ) 0.100% - 20/Jun/26 5,813,053 0.23
395,000,000 Japan (Govt of ) 0.100% - 20/Dec/26 3,044,101 0.12
320,000,000 Japan (Govt of ) 0.100% - 20/Mar/27 2,466,572 0.10
438,450,000 Japan (Govt of ) 0.100% - 20/Jun/27 3,380,191 0.13
850,000,000 Japan (Govt of ) 0.100% - 20/Sep/27 6,554,038 0.25
700,000,000 Japan (Govt of ) 0.100% - 20/Dec/27 5,399,742 0.21
503,700,000 Japan (Govt of ) 0.100% - 20/Mar/28 3,885,923 0.15
650,000,000 Japan (Govt of ) 0.100% - 20/Jun/28 5,015,038 0.19
1,400,000,000 Japan (Govt of ) 0.100% - 20/Sep/28 10,802,263 0.42
200,000,000 Japan (Govt of ) 0.100% - 20/Dec/28 1,543,776 0.06
341,100,000 Japan (Govt of ) 0.100% - 20/Jun/29 2,633,952 0.10
200,000,000 Japan (Govt of ) 0.100% - 20/Dec/29 1,543,089 0.06
300,000,000 Japan (Govt of ) 0.100% - 20/Dec/30 2,307,256 0.09
350,000,000 Japan (Govt of ) 0.100% - 20/Mar/31 2,688,619 0.10
760,000,000 Japan (Govt of ) 0.200% - 20/Jun/36 5,739,019 0.22
600,000,000 Japan (Govt of ) 0.300% - 20/Dec/24 4,635,452 0.18
230,000,000 Japan (Govt of ) 0.300% - 20/Dec/25 1,783,545 0.07
80,000,000 Japan (Govt of ) 0.300% - 20/Dec/39 598,157 0.02
524,200,000 Japan (Govt of ) 0.300% - 20/Jun/46 3,754,784 0.15
500,000,000 Japan (Govt of ) 0.400% - 20/Mar/25 3,878,874 0.15
800,000,000 Japan (Govt of ) 0.400% - 20/Jun/25 6,213,896 0.24
195,000,000 Japan (Govt of ) 0.400% - 20/Sep/25 1,516,499 0.06
80,000,000 Japan (Govt of ) 0.400% - 20/Sep/40 605,628 0.02
549,200,000 Japan (Govt of ) 0.400% - 20/Mar/56 3,804,602 0.15
1,070,000,000 Japan (Govt of ) 0.500% - 20/Sep/24 8,302,834 0.32
140,000,000 Japan (Govt of ) 0.500% - 20/Dec/38 1,089,506 0.04
390,000,000 Japan (Govt of ) 0.500% - 20/Mar/41 2,996,515 0.12
75,000,000 Japan (Govt of ) 0.500% - 20/Sep/46 562,204 0.02
143,200,000 Japan (Govt of ) 0.500% - 20/Mar/49 1,051,937 0.04
190,000,000 Japan (Govt of ) 0.500% - 20/Mar/59 1,349,297 0.05
50,000,000 Japan (Govt of ) 0.500% - 20/Mar/60 353,990 0.01
481,150,000 Japan (Govt of ) 0.600% - 20/Sep/23 3,717,907 0.14
1,100,000,000 Japan (Govt of ) 0.600% - 20/Dec/23 8,515,212 0.33
1,130,000,000 Japan (Govt of ) 0.600% - 20/Mar/24 8,761,510 0.34
600,000,000 Japan (Govt of ) 0.600% - 20/Jun/24 4,660,147 0.18
143,000,000 Japan (Govt of ) 0.600% - 20/Dec/36 1,139,693 0.04
220,000,000 Japan (Govt of ) 0.600% - 20/Jun/37 1,750,535 0.07
270,000,000 Japan (Govt of ) 0.600% - 20/Sep/37 2,146,529 0.08
87,500,000 Japan (Govt of ) 0.600% - 20/Dec/46 670,351 0.03
189,000,000 Japan (Govt of ) 0.700% - 20/Mar/37 1,526,081 0.06
77,000,000 Japan (Govt of ) 0.700% - 20/Dec/48 596,100 0.02
50,000,000 Japan (Govt of ) 0.700% - 20/Dec/50 384,589 0.01
100,000,000 Japan (Govt of ) 0.700% - 20/Mar/51 767,344 0.03
400
(expressed in EUR)

Nominal Value
100,000,000 Japan (Govt of ) 0.700% - 20/Jun/51 766,428 0.03
100,000,000 Japan (Govt of ) 0.700% - 20/Sep/51 765,504 0.03
30,000,000 Japan (Govt of ) 0.700% - 20/Mar/61 225,958 0.01
555,050,000 Japan (Govt of ) 0.800% - 20/Jun/23 4,293,859 0.17
1,800,000,000 Japan (Govt of ) 0.800% - 20/Sep/23 13,955,837 0.54
80,000,000 Japan (Govt of ) 0.800% - 20/Jun/47 639,998 0.02
100,000,000 Japan (Govt of ) 0.800% - 20/Sep/47 798,531 0.03
115,000,000 Japan (Govt of ) 0.800% - 20/Mar/58 902,231 0.04
195,000,000 Japan (Govt of ) 0.900% - 20/Mar/57 1,577,640 0.06
410,500,000 Japan (Govt of ) 1.000% - 20/Dec/35 3,451,788 0.13
400,000,000 Japan (Govt of ) 1.200% - 20/Dec/34 3,435,979 0.13
360,000,000 Japan (Govt of ) 1.200% - 20/Mar/35 3,094,773 0.12
518,350,000 Japan (Govt of ) 1.200% - 20/Sep/35 4,462,574 0.17
250,000,000 Japan (Govt of ) 1.300% - 20/Jun/35 2,175,703 0.08
235,000,000 Japan (Govt of ) 1.400% - 20/Sep/34 2,061,419 0.08
260,000,000 Japan (Govt of ) 1.400% - 20/Sep/45 2,356,681 0.09
180,000,000 Japan (Govt of ) 1.400% - 20/Dec/45 1,632,222 0.06
21,000,000 Japan (Govt of ) 1.400% - 20/Mar/55 193,208 0.01
210,000,000 Japan (Govt of ) 1.500% - 20/Dec/44 1,933,862 0.08
275,000,000 Japan (Govt of ) 1.500% - 20/Mar/45 2,533,971 0.10
570,000,000 Japan (Govt of ) 1.600% - 20/Mar/33 5,053,750 0.20
200,000,000 Japan (Govt of ) 1.600% - 20/Dec/33 1,783,218 0.07
330,000,000 Japan (Govt of ) 1.600% - 20/Jun/45 3,098,674 0.12
500,000,000 Japan (Govt of ) 1.700% - 20/Dec/32 4,465,797 0.17
350,000,000 Japan (Govt of ) 1.700% - 20/Jun/33 3,139,314 0.12
290,000,000 Japan (Govt of ) 1.700% - 20/Mar/44 2,756,649 0.11
210,000,000 Japan (Govt of ) 1.700% - 20/Jun/44 1,998,183 0.08
226,000,000 Japan (Govt of ) 1.700% - 20/Sep/44 2,152,531 0.08
230,000,000 Japan (Govt of ) 1.700% - 20/Mar/54 2,259,477 0.09
583,450,000 Japan (Govt of ) 1.800% - 20/Dec/31 5,212,475 0.20
650,000,000 Japan (Govt of ) 1.800% - 20/Dec/32 5,859,192 0.23
150,000,000 Japan (Govt of ) 1.800% - 20/Sep/43 1,446,964 0.06
150,000,000 Japan (Govt of ) 1.900% - 20/Sep/30 1,334,401 0.05
26,000,000 Japan (Govt of ) 1.900% - 20/Sep/42 253,319 0.01
160,000,000 Japan (Govt of ) 1.900% - 20/Mar/53 1,632,839 0.06
1,400,000,000 Japan (Govt of ) 2.000% - 20/Sep/25 11,520,147 0.45
810,000,000 Japan (Govt of ) 2.000% - 20/Jun/30 7,237,745 0.28
138,450,000 Japan (Govt of ) 2.000% - 20/Dec/33 1,283,996 0.05
125,000,000 Japan (Govt of ) 2.000% - 20/Sep/41 1,227,939 0.05
315,000,000 Japan (Govt of ) 2.000% - 20/Mar/42 3,104,580 0.12
200,000,000 Japan (Govt of ) 2.000% - 20/Mar/52 2,068,707 0.08
70,000,000 Japan (Govt of ) 2.100% - 20/Dec/26 592,551 0.02
250,000,000 Japan (Govt of ) 2.100% - 20/Mar/29 2,205,866 0.09
320,000,000 Japan (Govt of ) 2.100% - 20/Jun/29 2,835,800 0.11
35,750,000 Japan (Govt of ) 2.100% - 20/Sep/29 318,051 0.01
599,900,000 Japan (Govt of ) 2.100% - 20/Mar/30 5,379,181 0.21
850,000,000 Japan (Govt of ) 2.100% - 20/Dec/30 7,698,174 0.30
401
(expressed in EUR)

Nominal Value
900,000,000 Japan (Govt of ) 2.200% - 20/Jun/26 7,573,570 0.29
260,000,000 Japan (Govt of ) 2.200% - 20/Sep/26 2,199,416 0.09
70,000,000 Japan (Govt of ) 2.200% - 20/Dec/29 629,381 0.02
550,000,000 Japan (Govt of ) 2.200% - 20/Mar/31 5,034,259 0.20
493,000,000 Japan (Govt of ) 2.200% - 20/Sep/39 4,913,803 0.19
585,000,000 Japan (Govt of ) 2.200% - 20/Mar/41 5,890,820 0.23
274,600,000 Japan (Govt of ) 2.200% - 20/Mar/49 2,908,800 0.11
412,000,000 Japan (Govt of ) 2.200% - 20/Mar/50 4,386,880 0.17
285,000,000 Japan (Govt of ) 2.200% - 20/Mar/51 3,049,238 0.12
550,000,000 Japan (Govt of ) 2.300% - 20/Mar/39 5,533,464 0.21
525,000,000 Japan (Govt of ) 2.300% - 20/Mar/40 5,319,668 0.21
850,000,000 Japan (Govt of ) 2.400% - 20/Mar/28 7,485,340 0.29
180,000,000 Japan (Govt of ) 2.400% - 20/Mar/34 1,739,999 0.07
80,000,000 Japan (Govt of ) 2.400% - 20/Dec/34 780,664 0.03
160,000,000 Japan (Govt of ) 2.400% - 20/Sep/38 1,622,319 0.06
90,000,000 Japan (Govt of ) 2.400% - 20/Mar/48 981,845 0.04
350,000,000 Japan (Govt of ) 2.500% - 20/Sep/35 3,481,338 0.14
40,000,000 Kreditanstalt fuer Wiederaufbau 2.600% - 20/Jun/37 419,500 0.02
373,661,943 14.50
3,000,000,000 Korea (Govt of ) 1.125% - 10/Jun/24 2,186,576 0.08
3,000,000,000 Korea (Govt of ) 1.125% - 10/Sep/25 2,156,702 0.08
3,000,000,000 Korea (Govt of ) 1.375% - 10/Jun/30 2,076,038 0.08
2,700,000,000 Korea (Govt of ) 1.500% - 10/Mar/50 1,671,127 0.06
800,000,000 Korea (Govt of ) 1.625% - 10/Sep/70 475,711 0.02
4,000,000,000 Korea (Govt of ) 1.875% - 10/Mar/24 2,952,151 0.11
7,500,000,000 Korea (Govt of ) 1.875% - 10/Jun/26 5,511,404 0.21
1,000,000,000 Korea (Govt of ) 1.875% - 10/Mar/51 674,772 0.03
0* Korea (Govt of ) 2.000% - 10/Sep/22 0 0.00
1,415,430,000 Korea (Govt of ) 2.000% - 10/Mar/49 985,744 0.04
2,100,000,000 Korea (Govt of ) 2.125% - 10/Mar/47 1,493,596 0.06
1,000,000,000 Korea (Govt of ) 2.250% - 10/Sep/37 738,610 0.03
2,700,000,000 Korea (Govt of ) 2.625% - 10/Jun/28 2,052,805 0.08
1,600,000,000 Korea (Govt of ) 2.625% - 10/Sep/35 1,235,875 0.05
550,000,000 Korea (Govt of ) 2.625% - 10/Mar/48 430,064 0.02
650,000,000 Korea (Govt of ) 2.750% - 10/Dec/44 519,267 0.02
2,000,000,000 Korea (Govt of ) 3.000% - 10/Dec/42 1,651,334 0.06
4,000,000,000 Korea (Govt of ) 4.000% - 10/Dec/31 3,415,740 0.13
30,227,516 1.16
370,000 Mexico (Govt of ) 7.750% - 29/May/31 1,608,537 0.06
150,000 Mexico (Govt of ) 7.750% - 23/Nov/34 649,874 0.03
200,000 Mexico (Govt of ) 8.500% - 31/May/29 910,250 0.04
*
Fractional shares rounded to 0. The accompanying notes form an integral part of these financial statements.
402
(expressed in EUR)

Nominal Value
MXN Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
229,000 Mexico (Govt of ) 10.000% - 5/Dec/24 1,054,235 0.04
5,857,085 0.23
5,000,000 Norway (Govt of ) 1.250% - 17/Sep/31 478,803 0.02
11,000,000 Norway (Govt of ) 1.500% - 19/Feb/26 1,093,733 0.04
5,000,000 Norway (Govt of ) 2.000% - 26/Apr/28 508,669 0.02
2,737,289 0.11
NZD Supranationals, Governments and Local Public Authorities, Debt Instruments
600,000 New Zealand (Govt of ) 1.750% - 15/May/41 307,283 0.01
900,000 New Zealand (Govt of ) 2.000% - 15/May/32 522,693 0.02
1,300,000 New Zealand (Govt of ) 4.500% - 15/Apr/27 872,340 0.03
2,200,000 New Zealand (Govt of ) 5.500% - 15/Apr/23 1,390,527 0.05
5,027,063 0.18
1,000,000 Peru (Govt of ) 5.350% - 12/Aug/40 188,127 0.01
2,000,000 Peru (Govt of ) 5.400% - 12/Aug/34 402,215 0.02
2,000,000 Peru (Govt of ) 5.940% - 12/Feb/29 452,226 0.02
1,042,568 0.05
RON Supranationals, Governments and Local Public Authorities, Debt Instruments
5,000,000 Romania (Govt of ) 3.650% - 28/Jul/25 978,580 0.04
1,075,746 0.04
70,000,000 Russia (Govt of ) 7.000% - 25/Jan/23 812,055 0.03
812,055 0.03
5,000,000 Kommuninvest I Sverige AB 1.000% - 12/May/25 493,459 0.02
11,000,000 Sweden (Govt of ) 1.000% - 12/Nov/26 1,117,483 0.04
1,500,000 Sweden (Govt of ) 1.375% - 23/Jun/71 148,431 0.01
13,000,000 Sweden (Govt of ) 3.500% - 1/Jun/22 1,282,643 0.05
5,300,000 Sweden (Govt of ) 3.500% - 30/Mar/39 771,025 0.03
4,820,722 0.19
SGD Supranationals, Governments and Local Public Authorities, Debt Instruments
300,000 Singapore (Govt of ) 1.875% - 1/Oct/51 186,057 0.01
2,300,000 Singapore (Govt of ) 2.125% - 1/Jun/26 1,553,189 0.06
600,000 Singapore (Govt of ) 2.375% - 1/Jul/39 412,636 0.02
1,000,000 Singapore (Govt of ) 2.625% - 1/May/28 695,505 0.03
400,000 Singapore (Govt of ) 2.750% - 1/Apr/42 290,171 0.01
430,000 Singapore (Govt of ) 2.750% - 1/Mar/46 314,562 0.01
403
(expressed in EUR)

Nominal Value
SGD Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
1,300,000 Singapore (Govt of ) 2.875% - 1/Sep/30 928,166 0.04
2,350,000 Singapore (Govt of ) 3.000% - 1/Sep/24 1,613,544 0.06
5,993,830 0.24
20,000,000 Thailand (Govt of ) 1.585% - 17/Dec/35 481,444 0.02
481,444 0.02
300,000 Abu Dhabi (Govt of ) 1.875% - 15/Sep/31 260,820 0.01
1,200,000 Abu Dhabi (Govt of ) 3.125% - 3/May/26 1,125,060 0.04
300,000 Abu Dhabi (Govt of ) 3.125% - 30/Sep/49 271,218 0.01
400,000 Abu Dhabi (Govt of ) 3.875% - 16/Apr/50 412,449 0.02
600,000 African Development Bank 0.875% - 22/Jul/26 518,204 0.02
400,000 Arab Petroleum Investments Corp. 1.483% - 6/Oct/26 348,238 0.01
800,000 Asian Development Bank 0.250% - 6/Oct/23 698,541 0.03
600,000 Asian Development Bank 1.500% - 4/Mar/31 525,402 0.02
500,000 Asian Development Bank 2.000% - 24/Apr/26 453,482 0.02
1,000,000 Asian Development Bank 2.750% - 19/Jan/28 947,038 0.04
400,000 Asian Infrastructure Investment Bank 0.500% - 30/Oct/24 346,270 0.01
500,000 Asian Infrastructure Investment Bank 0.500% - 28/May/25 430,518 0.02
1,200,000 BNG Bank NV 2.500% - 23/Jan/23 1,077,239 0.04
500,000 Caisse d’Amortissement de la Dette Sociale 1.000% - 21/Oct/30 415,689 0.02
500,000 Caisse d’Amortissement de la Dette Sociale 1.375% - 20/Jan/31 427,057 0.02
300,000 Caisse d’Amortissement de la Dette Sociale 3.375% - 20/Mar/24 278,037 0.01
800,000 Canada (Govt of ) 0.750% - 19/May/26 689,391 0.03
300,000 Chile (Govt of ) 2.550% - 27/Jul/33 257,527 0.01
300,000 Chile (Govt of ) 3.100% - 22/Jan/61 245,601 0.01
500,000 Chile (Govt of ) 3.125% - 21/Jan/26 463,448 0.02
200,000 Chile (Govt of ) 3.500% - 25/Jan/50 183,532 0.01
500,000 China (Govt of ) 0.550% - 21/Oct/25 428,556 0.02
200,000 China (Govt of ) 2.125% - 3/Dec/29 183,115 0.01
200,000 China (Govt of ) 2.250% - 21/Oct/50 168,998 0.01
200,000 China Development Bank 2.625% - 24/Jan/22 176,052 0.01
640,000 CPPIB Capital Inc. 2.750% - 2/Nov/27 601,174 0.03
500,000 Development Bank of Japan Inc. 1.250% - 28/Jan/31 422,335 0.02
500,000 European Bank for Reconstruction & Development 2.750% - 7/Mar/23 451,027 0.02
1,000,000 European Investment Bank 0.375% - 26/Mar/26 847,825 0.03
500,000 European Investment Bank 1.250% - 14/Feb/31 428,507 0.02
1,000,000 European Investment Bank 2.625% - 15/Mar/24 913,921 0.04
500,000 Export Development Canada 2.625% - 21/Feb/24 456,332 0.02
200,000 Export-Import Bank of China 3.250% - 28/Nov/27 190,725 0.01
600,000 Export-Import Bank of India 3.375% - 5/Aug/26 553,259 0.02
500,000 Export-Import Bank of Korea 2.375% - 21/Apr/27 456,326 0.02
1,000,000 Fannie Mae 2.625% - 6/Sep/24 920,171 0.04
404
(expressed in EUR)

Nominal Value
1,000,000 Fannie Mae 6.625% - 15/Nov/30 1,240,809 0.04
300,000 Finance Department Government of Sharjah 4.000% - 28/Jul/50 239,312 0.01
950,000 Freddie Mac 6.750% - 15/Mar/31 1,204,816 0.04
1,000,000 Hungary (Govt of ) 5.375% - 25/Mar/24 957,074 0.04
1,300,000 IBRD 0.750% - 24/Nov/27 1,099,597 0.04
400,000 Indonesia (Govt of ) 5.350% - 11/Feb/49 462,584 0.02
2,000,000 Indonesia (Govt of ) 5.375% - 17/Oct/23 1,898,249 0.07
600,000 Inter-American Development Bank 0.500% - 24/May/23 527,517 0.02
1,000,000 Inter-American Development Bank 0.875% - 20/Apr/26 865,266 0.03
800,000 Inter-American Development Bank 2.250% - 18/Jun/29 740,524 0.03
700,000 Inter-American Development Bank 3.000% - 21/Feb/24 644,269 0.03
1,000,000 International Bank for Reconstruction & Development 0.625% - 22/Apr/25 866,898 0.03
500,000 International Bank for Reconstruction & Development 0.750% - 26/Aug/30 411,638 0.02
1,000,000 International Bank for Reconstruction & Development 2.500% - 29/Jul/25 921,446 0.04
600,000 International Development Association 0.875% - 28/Apr/26 518,470 0.02
500,000 International Finance Corp. 2.125% - 7/Apr/26 455,531 0.02
300,000 Israel (Govt of ) 2.875% - 16/Mar/26 279,461 0.01
600,000 Israel (Govt of ) 3.800% - 13/May/60 614,625 0.02
300,000 Italy (Govt of ) 2.875% - 17/Oct/29 269,787 0.01
300,000 Italy (Govt of ) 4.000% - 17/Oct/49 291,477 0.01
400,000 Japan Bank for International Cooperation 0.625% - 15/Jul/25 344,096 0.01
400,000 Japan Bank for International Cooperation 1.875% - 15/Apr/31 355,814 0.01
200,000 Japan Bank for International Cooperation 2.750% - 16/Nov/27 186,479 0.01
500,000 Japan Bank for International Cooperation 3.000% - 29/May/24 460,736 0.02
500,000 Japan Finance Organization For Municipalities 2.375% - 13/Feb/25 455,458 0.02
400,000 Kazakhstan (Govt of ) 5.125% - 21/Jul/25 396,566 0.02
500,000 Kommunalbanken AS 2.750% - 5/Feb/24 457,011 0.02
1,000,000 Kommuninvest I Sverige AB 2.625% - 15/Sep/22 892,551 0.03
400,000 Korea (Govt of ) 4.125% - 10/Jun/44 459,725 0.02
1,000,000 Korea Development Bank 3.250% - 19/Feb/24 922,293 0.04
550,000 Kreditanstalt fuer Wiederaufbau 2.000% - 2/May/25 497,925 0.02
500,000 Kreditanstalt fuer Wiederaufbau 2.125% - 7/Aug/23 450,138 0.02
1,000,000 Kreditanstalt fuer Wiederaufbau 2.375% - 29/Dec/22 895,851 0.03
845,000 Kreditanstalt fuer Wiederaufbau 2.875% - 3/Apr/28 806,556 0.03
600,000 Kreditanstalt Fuer Wiederaufbau 0.500% - 20/Sep/24 521,227 0.02
600,000 KSA Sukuk Limited 2.969% - 29/Oct/29 556,347 0.02
525,000 Kuwait International (Govt of ) 3.500% - 20/Mar/27 504,120 0.02
500,000 Landwirtschaftliche Rentenbank 0.875% - 3/Sep/30 414,709 0.02
640,000 Landwirtschaftliche Rentenbank 2.375% - 23/Jan/24 580,619 0.02
660,000 Malaysia (Govt of ) 3.179% - 27/Apr/26 620,596 0.02
500,000 Mexico (Govt of ) 2.659% - 24/May/31 429,394 0.02
405
(expressed in EUR)

Nominal Value
375,000 Mexico (Govt of ) 4.350% - 15/Jan/47 343,243 0.01
1,600,000 Mexico (Govt of ) 6.050% - 11/Jan/40 1,751,155 0.07
500,000 Oesterreichische Kontrollbank AG 1.500% - 12/Feb/25 445,202 0.02
200,000 Panama (Govt of ) 4.500% - 16/Apr/50 194,141 0.01
400,000 Panama (Govt of ) 4.500% - 1/Apr/56 388,541 0.02
500,000 Panama (Govt of ) 7.125% - 29/Jan/26 528,203 0.02
200,000 Peru (Govt of ) 1.862% - 1/Dec/32 161,000 0.01
400,000 Peru (Govt of ) 2.783% - 23/Jan/31 351,130 0.01
200,000 Peru (Govt of ) 3.230% - 28/Jul/21 151,996 0.01
1,250,000 Peru (Govt of ) 7.350% - 21/Jul/25 1,317,572 0.05
400,000 Perusahaan Penerbit Sbsn Indonesia III 3.400% - 29/Mar/22 354,377 0.01
300,000 Perusahaan Penerbit Sbsn Indonesia III 4.325% - 28/May/25 289,413 0.01
400,000 Perusahaan Penerbit SBSN Indonesia III 2.800% - 23/Jun/30 363,476 0.01
800,000 Philippine (Govt of ) 3.000% - 1/Feb/28 756,426 0.03
400,000 Philippine (Govt of ) 3.700% - 2/Feb/42 384,697 0.01
1,300,000 Philippine (Govt of ) 5.500% - 30/Mar/26 1,334,931 0.05
500,000 Poland (Govt of ) 3.250% - 6/Apr/26 472,157 0.02
400,000 Province of Alberta 1.300% - 22/Jul/30 335,491 0.01
500,000 Province of Ontario 1.600% - 25/Feb/31 431,294 0.02
500,000 Province of Ontario 3.050% - 29/Jan/24 459,500 0.02
600,000 Province of Quebec 2.500% - 20/Apr/26 552,541 0.02
500,000 Qatar (Govt of ) 3.250% - 2/Jun/26 469,429 0.02
600,000 Qatar (Govt of ) 3.875% - 23/Apr/23 548,773 0.02
225,000 Qatar (Govt of ) 4.000% - 14/Mar/29 223,391 0.01
400,000 Qatar (Govt of ) 4.817% - 14/Mar/49 463,919 0.02
200,000 Qatar (Govt of ) 5.103% - 23/Apr/48 239,447 0.01
550,000 Qatar (Govt of ) 6.400% - 20/Jan/40 716,478 0.03
2,000,000 Russia (Govt of ) 4.875% - 16/Sep/23 1,853,621 0.07
600,000 Russia (Govt of ) 5.100% - 28/Mar/35 623,828 0.02
600,000 Russia (Govt of ) 5.250% - 23/Jun/47 672,285 0.03
1,010,000 Saudi (Govt) 3.250% - 26/Oct/26 947,633 0.04
300,000 Saudi (Govt) 3.450% - 2/Feb/61 267,150 0.01
800,000 Saudi (Govt) 3.625% - 4/Mar/28 767,555 0.03
350,000 Saudi (Govt) 4.500% - 26/Oct/46 361,929 0.01
500,000 Saudi (Govt) 5.000% - 17/Apr/49 558,784 0.02
200,000 Saudi (Govt) 5.250% - 16/Jan/50 231,390 0.01
400,000 Sharjah Sukuk Program Limited 3.854% - 3/Apr/26 372,516 0.01
1,000,000 Svensk Exportkredit AB 0.375% - 30/Jul/24 866,158 0.03
1,000,000 Tennessee Valley Authority 2.875% - 1/Feb/27 943,334 0.04
250,000 Tennessee Valley Authority 4.700% - 15/Jul/33 284,239 0.01
406
(expressed in EUR)

Nominal Value
500,000 Tennessee Valley Authority 5.250% - 15/Sep/39 624,610 0.02
300,000 United Arab Emirates (Govt of ) 2.875% - 19/Oct/41 267,484 0.01
20,830,000 United States Treasury N/B 0.125% - 30/Jun/23 18,196,713 0.72
9,460,000 United States Treasury N/B 1.250% - 31/Jul/23 8,403,814 0.33
1,000,000 United States Treasury N/B 1.375% - 31/Aug/26 884,917 0.03
3,000,000 United States Treasury N/B 1.500% - 31/Jan/27 2,668,767 0.10
720,000 United States Treasury N/B 2.250% - 15/Aug/49 678,591 0.03
407
(expressed in EUR)

Nominal Value
5,000,000 United States Treasury N/B 2.625% - 31/Jan/26 4,650,952 0.18
17,400,000 United States Treasury N/B 2.875% - 30/Sep/23 15,888,860 0.62
700,000 United States Treasury N/B 3.000% - 15/May/45 737,069 0.03
760,000 United States Treasury N/B 4.750% - 15/Feb/37 948,945 0.04
500,000 Uruguay (Govt of ) 5.100% - 18/Jun/50 585,088 0.02
540,954,846 21.10
Total Supranationals, Governments and Local Public Authorities, Debt Instruments 1,684,991,364 65.41
408
(expressed in EUR)

Nominal Value
AUD Bonds
400,000 Apple Inc. 3.350% - 10/Jan/24 266,679 0.01
1,000,000 Australia & New Zealand Banking Group Limited 1.650% - 16/Jan/25 639,717 0.02
500,000 International Finance Corp. 3.200% - 18/Oct/27 342,375 0.01
500,000 Kreditanstalt fuer Wiederaufbau 3.200% - 15/Mar/28 343,253 0.01
1,903,692 0.06
CAD Bonds
200,000 407 International Inc. 5.750% - 14/Feb/36 178,677 0.01
500,000 Bank of Montreal 4.609% - 10/Sep/25 384,857 0.01
1,000,000 HSBC Holdings plc 3.196% - 5/Dec/23 718,071 0.03
130,000 Hydro One Inc. 6.030% - 3/Mar/39 127,870 0.00
300,000 International Bank for Reconstruction & Development 2.500% - 3/Aug/23 213,340 0.01
400,000 Pembina Pipeline Corp. 3.540% - 3/Feb/25 289,616 0.01
250,000 Rogers Communications Inc. 6.110% - 25/Aug/40 221,089 0.01
500,000 Shaw Communications Inc. 6.750% - 9/Nov/39 465,744 0.02
500,000 Telus Corp. 3.750% - 17/Jan/25 365,897 0.01
400,000 Toyota Credit Canada Inc. 2.310% - 23/Oct/24 283,170 0.01
3,248,331 0.12
CHF Bonds
880,000 Eli Lilly & Company 0.150% - 24/May/24 859,014 0.02
4,000,000 Nestle Holdings Inc. 0.250% - 4/Oct/27 3,926,738 0.16
1,500,000 Vodafone Group plc 0.375% - 3/Dec/24 1,467,689 0.07
6,253,441 0.25
EUR Bonds
500,000 A2A SpA 1.750% - 25/Feb/25 523,034 0.02
150,000 AbbVie Inc. 1.500% - 15/Nov/23 154,560 0.01
400,000 Air Liquide Finance SA 1.250% - 3/Jun/25 417,408 0.02
500,000 Allianz Finance II BV 1.375% - 21/Apr/31 544,562 0.02
400,000 Anheuser-Busch InBev SA 3.700% - 2/Apr/40 533,731 0.02
1,000,000 Aroundtown SA 1.625% - 31/Jan/28 1,037,636 0.04
500,000 Assicurazioni Generali SpA 5.125% - 16/Sep/24 572,719 0.01
0* Assicurazioni Generali SpA FRN - 12/Dec/42 0 0.00
500,000 ASTM SpA 1.625% - 8/Feb/28 510,229 0.02
750,000 AT&T Inc. 1.050% - 5/Sep/23 764,716 0.03
500,000 AT&T Inc. 2.350% - 5/Sep/29 556,873 0.02
300,000 AT&T Inc. 2.600% - 19/May/38 337,240 0.01
300,000 AT&T Inc. 3.500% - 17/Dec/25 337,711 0.01
*
409
(expressed in EUR)

Nominal Value

500,000 Australia Pacific Airports Melbourne Pty Limited 3.125% - 26/Sep/23 526,982 0.02
500,000 AXA SA FRN - 4/Jul/43 538,237 0.02
250,000 AXA SA - Perp. FRN - 8/Oct/66 278,730 0.01
100,000 AXA SA - Perp. FRN - 29/Nov/49 109,654 0.00
500,000 Bacardi Limited 2.750% - 3/Jul/23 519,816 0.02
400,000 Balder Finland Oyj 1.375% - 24/May/30 392,259 0.02
750,000 Bank of America Corp. FRN - 7/Feb/25 771,494 0.03
600,000 Banque Federative du Credit Mutuel SA 0.625% - 3/Nov/28 599,443 0.02
1,000,000 Banque Federative du Credit Mutuel SA 0.750% - 8/Jun/26 1,021,390 0.04
1,000,000 Banque Federative du Credit Mutuel SA 2.625% - 31/Mar/27 1,090,733 0.04
500,000 Banque Federative du Credit Mutuel SA 3.000% - 11/Sep/25 546,206 0.02
300,000 Barclays plc FRN - 12/May/32 298,002 0.01
500,000 BAT International Finance plc 0.875% - 13/Oct/23 506,584 0.02
100,000 Bayer AG 1.375% - 6/Jul/32 102,656 0.00
200,000 Bayer Capital Corp. 0.625% - 15/Dec/22 201,330 0.01
800,000 Bayer Capital Corporation BV 1.250% - 13/Nov/23 818,931 0.02
600,000 Belfius Bank SA 0.375% - 8/Jun/27 596,866 0.02
1,000,000 Berkshire Hathaway Inc. 2.150% - 15/Mar/28 1,105,043 0.03
300,000 Blackstone Property Partners Europe Holdings Sarl 1.750% - 12/Mar/29 305,401 0.01
500,000 BNG Bank NV 0.750% - 24/Jan/29 524,065 0.02
750,000 BNP Paribas 1.000% - 27/Jun/24 768,667 0.03
200,000 BNP Paribas 1.500% - 25/May/28 215,015 0.01
500,000 BNP Paribas 2.875% - 26/Sep/23 527,377 0.02
300,000 BNP Paribas SA 0.625% - 3/Dec/32 289,069 0.01
500,000 BNP Paribas SA FRN - 15/Jan/32 500,867 0.02
375,000 Booking Holdings Inc. 2.375% - 23/Sep/24 396,843 0.02
500,000 BP Capital Markets plc 2.213% - 25/Sep/26 547,043 0.02
400,000 BPCE SA 1.375% - 23/Mar/26 417,781 0.02
800,000 BPCE SA 4.250% - 6/Feb/23 840,507 0.03
500,000 British Telecommunications plc 0.500% - 12/Sep/25 502,577 0.02
150,000 Brown-Forman Corp. 1.200% - 7/Jul/26 156,194 0.01
500,000 Caisse Nationale de Reassurance Mutuelle Agricole Groupama 3.375% - 24/Sep/28 559,281 0.02
1,000,000 Caixabank SA 0.375% - 3/Feb/25 1,006,057 0.04
500,000 Caixabank SA FRN - 17/Apr/30 520,058 0.02
600,000 Canadian Imperial Bank of Commerce 0.375% - 3/May/24 605,723 0.02
500,000 Capgemini SE 2.375% - 15/Apr/32 573,741 0.02
200,000 Carmila SA 2.375% - 16/Sep/24 210,955 0.01
410
(expressed in EUR)

Nominal Value

300,000 Chubb Ina Holdings I 0.875% - 15/Dec/29 305,523 0.01
400,000 Citigroup Inc. 1.625% - 21/Mar/28 426,455 0.02
400,000 CNH Industrial Finance Europe SA 1.750% - 12/Sep/25 418,836 0.02
175,000 Coca-Cola Company 1.100% - 2/Sep/36 178,627 0.01
800,000 Commerzbank AG 1.125% - 19/Sep/25 821,519 0.03
500,000 Compagnie Financiere et Industrielle des Autoroutes SA 0.375% - 7/Feb/25 506,295 0.02
700,000 Compagnie Generale des Etablissements Michelin SCA 2.500% - 3/Sep/38 882,342 0.03
200,000 Council of Europe Development Bank 0.375% - 27/Mar/25 204,096 0.01
75,000 Covestro AG 1.750% - 25/Sep/24 78,319 0.00
200,000 Credit Agricole 1.875% - 20/Dec/26 215,126 0.01
1,000,000 Credit Agricole 2.375% - 20/May/24 1,060,100 0.04
200,000 Credit Agricole - Perp. FRN - 31/Oct/49 225,542 0.01
300,000 Credit Agricole Assurances SA 2.000% - 17/Jul/30 310,566 0.01
300,000 Credit Agricole SA 0.125% - 9/Dec/27 293,571 0.01
500,000 Credit Mutuel Arkea SA 1.375% - 17/Jan/25 520,033 0.02
400,000 CRH Finance Limited 3.125% - 3/Apr/23 416,644 0.01
200,000 CTP NV 1.500% - 27/Sep/31 194,290 0.01
175,000 Daimler AG 0.375% - 8/Nov/26 177,196 0.01
200,000 Daimler AG 1.125% - 8/Aug/34 208,032 0.01
600,000 Daimler AG 1.400% - 12/Jan/24 619,539 0.01
500,000 Daimler AG 2.125% - 3/Jul/37 582,531 0.02
300,000 Dassault Systemes SE 0.375% - 16/Sep/29 300,351 0.01
500,000 Deutsche Bahn Finance BV 1.250% - 23/Oct/25 524,382 0.02
250,000 Deutsche Bahn Finance BV 2.750% - 19/Mar/29 296,295 0.01
400,000 Deutsche Bahn Finance GmbH - Perp. FRN - 22/Apr/68 399,478 0.02
300,000 Deutsche Bank AG 1.125% - 17/Mar/25 307,897 0.01
400,000 Deutsche Boerse AG 1.125% - 26/Mar/28 423,480 0.02
500,000 Dexia Credit Local SA 1.000% - 18/Oct/27 526,502 0.02
500,000 Diageo Finance plc 1.875% - 27/Mar/27 541,830 0.02
200,000 Digital Euro Finco LLC 2.625% - 15/Apr/24 210,858 0.01
400,000 Digital Intrepid Holding BV 0.625% - 15/Jul/31 378,424 0.01
300,000 Dow Chemical Company 1.125% - 15/Mar/32 300,415 0.01
600,000 E.On SE 0.600% - 1/Oct/32 600,204 0.02
200,000 Edenred 1.875% - 30/Mar/27 215,833 0.01
600,000 Electricite de France SA 4.625% - 11/Sep/24 674,593 0.03
411
(expressed in EUR)

Nominal Value

400,000 Electricite de France SA - Perp. FRN - 15/Sep/69 414,360 0.02
100,000 Electricite de France SA - Perp. FRN - 22/Jan/49 110,863 0.00
300,000 EnBW Energie Baden-Wuerttemberg AG FRN - 5/Aug/79 300,456 0.01
500,000 Enel Finance International NV 1.125% - 16/Sep/26 518,577 0.01
350,000 Enel Finance International NV 1.966% - 27/Jan/25 370,262 0.01
500,000 Enel SpA - Perp. FRN - 10/Mar/69 516,956 0.02
250,000 Engie Alliance GIE 5.750% - 24/Jun/23 272,464 0.01
200,000 Engie SA 1.250% - 24/Oct/41 201,165 0.01
1,000,000 Engie SA 1.375% - 28/Feb/29 1,062,279 0.04
200,000 Engie SA - Perp. FRN - 2/Jul/70 198,812 0.01
300,000 ENI SpA 2.000% - 18/May/31 332,600 0.01
500,000 ENI SpA 3.750% - 12/Sep/25 567,096 0.02
400,000 Equinor ASA 1.250% - 17/Feb/27 420,612 0.02
400,000 ESB Finance Limited 3.494% - 12/Jan/24 428,308 0.02
300,000 EssilorLuxottica SA 0.375% - 27/Nov/27 302,949 0.02
100,000 Eurogrid GmbH 1.500% - 18/Apr/28 106,462 0.00
100,000 Exxon Mobil Corp. 1.408% - 26/Jun/39 96,385 0.00
500,000 FCA Bank SpA 0.000% - 16/Apr/24 498,923 0.02
1,000,000 Fidelity National Information Services Inc. 1.100% - 15/Jul/24 1,023,271 0.04
150,000 Fiserv Inc. 1.125% - 1/Jul/27 155,166 0.01
700,000 Fresenius Finance Ireland plc 1.500% - 30/Jan/24 719,521 0.02
300,000 Gecina SA 1.625% - 29/May/34 327,350 0.01
250,000 General Electric Company 0.875% - 17/May/25 255,992 0.01
300,000 Glencore Capital Finance Dac 1.250% - 1/Mar/33 287,367 0.01
750,000 Goldman Sachs Group Inc. 2.875% - 3/Jun/26 835,278 0.03
500,000 Goodman Australia 1.375% - 27/Sep/25 515,748 0.02
175,000 HeidelbergCement AG 1.500% - 7/Feb/25 182,075 0.01
1,000,000 HeidelbergCement Finance Luxembourg SA 1.500% - 14/Jun/27 1,057,369 0.04
300,000 Heimstaden Bostad Treasury BV 1.000% - 13/Apr/28 299,028 0.01
300,000 Heineken NV 1.625% - 30/Mar/25 315,009 0.01
300,000 Heineken NV 1.750% - 7/May/40 316,749 0.01
500,000 HSBC Continental Europe SA 0.250% - 17/May/24 503,972 0.02
100,000 Iberdrola International BV 1.750% - 17/Sep/23 103,461 0.00
412
(expressed in EUR)

Nominal Value

400,000 IBM Corp. 2.875% - 7/Nov/25 442,796 0.02
600,000 Illinois Tool Works Inc. 2.125% - 22/May/30 674,816 0.03
200,000 Investor AB 4.500% - 12/May/23 213,225 0.01
200,000 JAB Holdings BV 1.750% - 25/Jun/26 211,013 0.01
200,000 JAB Holdings BV 2.250% - 19/Dec/39 207,979 0.01
500,000 John Deere Cash Management 0.500% - 15/Sep/23 507,171 0.02
500,000 JPMorgan Chase & Company FRN - 25/Jul/31 507,746 0.02
500,000 Klepierre SA 1.750% - 6/Nov/24 521,905 0.02
400,000 Koninklijke Ahold Delhaize NV 1.125% - 19/Mar/26 415,091 0.02
1,000,000 Kreditanstalt fuer Wiederaufbau 0.750% - 28/Jun/28 1,055,830 0.04
300,000 La Poste SA 1.375% - 21/Apr/32 320,177 0.01
400,000 Landesbank Baden-Wuerttemberg 0.375% - 7/May/29 393,062 0.02
500,000 Lloyds Bank Corporate Markets plc 0.375% - 28/Jan/25 504,871 0.02
400,000 Lloyds Banking Group plc FRN - 18/Mar/30 448,535 0.02
150,000 Marsh & McLennan Companies Inc. 1.349% - 21/Sep/26 156,666 0.01
125,000 Marsh & McLennan Companies Inc. 1.979% - 21/Mar/30 136,922 0.01
400,000 Merck KGaA FRN - 9/Sep/80 409,866 0.02
600,000 Merlin Properties Socimi SA 1.875% - 2/Nov/26 632,987 0.02
500,000 Metropolitan Life Global Funding I 0.375% - 9/Apr/24 505,679 0.02
100,000 Mohawk Capital Finance SA 1.750% - 12/Jun/27 106,076 0.00
400,000 Morgan Stanley 1.750% - 30/Jan/25 420,253 0.02
500,000 Nationwide Building Society 1.250% - 3/Mar/25 519,312 0.02
800,000 Naturgy Finance BV 1.500% - 29/Jan/28 855,709 0.03
400,000 NatWest Group plc 2.500% - 22/Mar/23 413,148 0.02
413
(expressed in EUR)

Nominal Value

500,000 Nestle Finance International Limited 0.250% - 14/Jun/29 499,509 0.02
300,000 Nestle Finance International Limited 0.625% - 14/Feb/34 297,051 0.01
150,000 NN Group NV - Perp. FRN - 15/Jul/49 169,538 0.01
300,000 Nordea Bank Abp 0.500% - 2/Nov/28 298,865 0.01
200,000 NRW Bank 0.100% - 9/Jul/35 190,120 0.01
500,000 NRW Bank 0.750% - 30/Jun/28 522,053 0.02
600,000 OMV AG 3.500% - 27/Sep/27 713,560 0.03
500,000 OP Corporate Bank plc 0.500% - 12/Aug/25 508,009 0.02
500,000 Orange SA 0.000% - 29/Jun/26 496,329 0.02
350,000 Orange SA 8.125% - 28/Jan/33 615,785 0.02
200,000 Orsted AS FRN - 24/Nov/17 208,076 0.01
225,000 Partnerre Ireland 1.250% - 15/Sep/26 232,813 0.01
500,000 Pernod Ricard SA 2.125% - 27/Sep/24 527,699 0.02
1,000,000 Pfizer Inc. 1.000% - 6/Mar/27 1,040,411 0.03
400,000 Phoenix Group Holdings plc 4.375% - 24/Jan/29 464,750 0.02
350,000 Procter & Gamble Company 4.875% - 11/May/27 438,627 0.02
400,000 Rabobank 1.250% - 23/Mar/26 419,714 0.02
500,000 Rabobank 4.125% - 14/Jul/25 573,981 0.02
500,000 RCI Banque SA 1.750% - 10/Apr/26 520,687 0.02
200,000 Robert Bosch Investment Nederland BV 2.625% - 24/May/28 231,792 0.01
1,500,000 Roche Finance Europe BV 0.875% - 25/Feb/25 1,544,429 0.05
400,000 RTE Reseau de Transport d’Electricite SA 1.000% - 19/Oct/26 414,597 0.02
100,000 RTE Reseau de Transport d’Electricite SADIR 1.125% - 8/Jul/40 101,002 0.00
350,000 Sagax AB 2.000% - 17/Jan/24 361,821 0.01
500,000 Sanofi 1.125% - 5/Apr/28 528,646 0.02
400,000 Sanofi 1.500% - 22/Sep/25 421,303 0.02
800,000 Santander Consumer Finance SA 0.375% - 27/Jun/24 806,506 0.03
400,000 SAP SE 1.750% - 22/Feb/27 432,887 0.02
400,000 SBB Treasury Oyj 1.125% - 26/Nov/29 387,512 0.02
300,000 Schlumberger Finance BV 2.000% - 6/May/32 333,057 0.01
175,000 Securitas AB 1.250% - 6/Mar/25 179,945 0.01
300,000 Shell International Finance BV 0.750% - 15/Aug/28 306,267 0.01
500,000 Shell International Finance BV 2.500% - 24/Mar/26 550,117 0.02
700,000 Sigma Alimentos SA de CV 2.625% - 7/Feb/24 728,334 0.03
500,000 Skandinaviska Enskilda Banken AB 0.375% - 21/Jun/28 494,940 0.02
800,000 Sky Limited 1.875% - 24/Nov/23 831,125 0.04
400,000 Snam SpA 0.625% - 30/Jun/31 395,460 0.02
500,000 Societe Generale SA 2.125% - 27/Sep/28 543,963 0.02
414
(expressed in EUR)

Nominal Value

300,000 Stedin Holding NV 1.375% - 19/Sep/28 320,216 0.01
500,000 Stellantis NV 2.750% - 15/May/26 546,631 0.02
1,000,000 Suez SA 1.500% - 3/Apr/29 1,072,311 0.04
400,000 Suez SA 2.750% - 9/Oct/23 420,844 0.02
1,000,000 Telefonica Emisiones SA 1.447% - 22/Jan/27 1,054,801 0.05
400,000 Telefonica Europe BV 5.875% - 14/Feb/33 605,202 0.02
100,000 Telenor ASA 1.750% - 31/May/34 109,987 0.00
250,000 Telia Company AB 3.500% - 5/Sep/33 322,828 0.01
500,000 Telstra Corp. Limited 1.125% - 14/Apr/26 518,642 0.02
750,000 Thermo Fisher Scientific Inc. 1.400% - 23/Jan/26 785,246 0.02
200,000 Thermo Fisher Scientific Inc. 2.375% - 15/Apr/32 229,446 0.01
400,000 TotalEnergies SE - Perp. FRN - 29/Dec/49 419,337 0.02
1,000,000 Transurban Finance Company Pty Limited 1.750% - 29/Mar/28 1,066,193 0.04
200,000 Tyco Electronics Group SA 1.100% - 1/Mar/23 202,639 0.01
800,000 UBS Group AG FRN - 29/Jan/26 801,640 0.03
500,000 Unedic Asseo 0.250% - 25/Nov/29 504,868 0.02
500,000 Unibail-Rodamco-Westfield SE 1.875% - 15/Jan/31 537,998 0.02
200,000 Unibail-Rodamco-Westfield SE - Perp. FRN - 25/Oct/66 198,405 0.01
500,000 UniCredit SpA FRN - 3/Jul/25 513,991 0.02
600,000 Unilever NV 1.250% - 25/Mar/25 624,366 0.02
600,000 Unilever NV 1.750% - 25/Mar/30 662,087 0.03
250,000 Utah Acquisition Sub Inc. 3.125% - 22/Nov/28 284,588 0.01
1,000,000 Verizon Communications Inc. 0.875% - 2/Apr/25 1,027,873 0.04
500,000 Vier Gas Transport GmbH 3.125% - 10/Jul/23 524,680 0.02
255,000 Vodafone Group plc 1.750% - 25/Aug/23 263,801 0.01
500,000 Volkswagen Financial Services AG 3.000% - 6/Apr/25 544,325 0.02
500,000 Volkswagen Leasing GmbH 0.500% - 12/Jan/29 491,073 0.02
500,000 Volvo Treasury AB FRN - 10/Mar/78 526,374 0.02
415
(expressed in EUR)

Nominal Value

400,000 Vonovia SE 0.375% - 16/Jun/27 396,199 0.01
200,000 Vonovia SE 1.500% - 14/Jun/41 193,602 0.01
200,000 Westlake Chemical Corp. 1.625% - 17/Jul/29 207,389 0.01
600,000 Westpac Securities Limited 0.100% - 13/Jul/27 587,269 0.02
500,000 WPP Finance SA 2.375% - 19/May/27 552,555 0.02
136,725,645 5.20
GBP Bonds
200,000 3i Group plc 3.750% - 5/Jun/40 270,628 0.01
250,000 Aegon NV 6.125% - 15/Dec/31 414,459 0.02
355,000 America Movil SAB de CV 4.948% - 22/Jul/33 541,007 0.02
300,000 Anglian Water Services Financing plc 4.500% - 5/Oct/27 416,589 0.02
150,000 Anheuser-Busch InBev SA/ NV 2.250% - 24/May/29 184,720 0.01
100,000 Anheuser-Busch InBev SA/ NV 2.850% - 25/May/37 127,769 0.00
700,000 Annington Funding plc 2.646% - 12/Jul/25 860,855 0.03
200,000 AT&T Inc. 4.875% - 1/Jun/44 323,430 0.01
300,000 Aviva plc FRN - 14/Nov/36 418,079 0.02
100,000 Banco Bilbao Vizcaya Argentaria SA FRN - 15/Jul/31 121,686 0.00
100,000 Bank of America Corp. 4.250% - 10/Dec/26 134,625 0.01
100,000 Bank of America Corp. 7.000% - 31/Jul/28 157,860 0.01
600,000 Barclays plc 3.125% - 17/Jan/24 737,209 0.03
400,000 Barclays plc 3.250% - 17/Jan/33 518,941 0.02
200,000 BAT International Finance plc 4.000% - 23/Nov/55 228,224 0.01
200,000 Berkshire Hathaway Finance Corp. 2.375% - 19/Jun/39 248,843 0.01
250,000 Bg Energy Capital plc 5.125% - 1/Dec/25 339,270 0.01
300,000 Bouygues SA 5.500% - 6/Oct/26 423,907 0.02
400,000 BUPA Finance plc 1.750% - 14/Jun/27 481,347 0.02
275,000 Cadent Finance plc 2.750% - 22/Sep/46 337,524 0.01
300,000 Centrica plc 4.250% - 12/Sep/44 448,369 0.02
200,000 Chancellor Masters & Scholars of the University of Cambridge 2.350% - 27/Jun/78 332,887 0.01
400,000 Citigroup Inc. 1.750% - 23/Oct/26 476,943 0.02
200,000 Clarion Funding plc 2.625% - 18/Jan/29 254,396 0.01
200,000 CPI Property Group SA 2.750% - 22/Jan/28 238,553 0.01
200,000 Daimler AG 2.125% - 7/Jun/22 239,811 0.01
200,000 Deutsche Bahn Finance GmbH 1.875% - 13/Feb/26 244,447 0.01
300,000 Deutsche Telekom International Finance BV 7.625% - 15/Jun/30 516,738 0.02
250,000 E.ON International Finance BV 6.125% - 6/Jul/39 453,989 0.02
200,000 Electricite de France SA 6.000% - 23/Jan/14 429,926 0.02
250,000 Electricite de France SA 6.125% - 2/Jun/34 422,254 0.02
350,000 Enel SpA 5.750% - 22/Jun/37 598,288 0.02
150,000 Gatwick Funding Limited 5.750% - 23/Jan/37 236,456 0.01
350,000 Glaxosmithkline Capital plc 5.250% - 19/Dec/33 571,169 0.02
300,000 Goldman Sachs Group Inc 1.875% - 16/Dec/30 351,716 0.01
200,000 Hammerson plc 3.500% - 27/Oct/25 242,345 0.01
416
(expressed in EUR)

Nominal Value
GBP Bonds (continued)

600,000 HSBC Bank - Perp 5.844% - 29/Nov/49 996,900 0.04
200,000 HSBC Holdings plc 6.500% - 20/May/24 265,827 0.01
200,000 Hyde Housing Association Limited 1.750% - 18/Aug/55 221,128 0.01
300,000 Iberdrola Finanzas SAU 7.375% - 29/Jan/24 402,045 0.02
500,000 ING Groep NV 3.000% - 18/Feb/26 627,666 0.02
1,000,000 Kreditanstalt fuer Wiederaufbau 1.250% - 29/Dec/23 1,199,621 0.05
375,000 Land Securities Capital Markets plc 1.974% - 8/Feb/26 453,342 0.02
500,000 Landeskreditbank Baden-Wuerttemberg Foerderbank 1.375% - 15/Dec/23 600,918 0.02
500,000 Landwirtschaftliche Rentenbank 1.375% - 16/Dec/24 601,362 0.02
500,000 Lcr Finance plc 4.500% - 7/Dec/28 728,267 0.03
300,000 Legal & General Group plc FRN - 1/Nov/50 394,343 0.02
200,000 Lloyds Bank plc 7.500% - 15/Apr/24 271,143 0.01
500,000 Lloyds Banking Group plc FRN - 15/Jan/26 600,347 0.02
400,000 Lloyds Banking Group plc FRN - 15/Dec/31 469,321 0.02
200,000 London & Quadrant Housing Trust 4.625% - 5/Dec/33 308,776 0.01
250,000 M&G plc FRN - 19/Dec/63 376,139 0.01
300,000 McDonald’s Corp. 4.125% - 11/Jun/54 517,257 0.02
200,000 Metropolitan Life Global Funding 2.625% - 5/Dec/22 242,256 0.01
400,000 Motability Operations Group plc 2.375% - 3/Jul/39 504,981 0.01
100,000 Nationwide Building Society 3.000% - 6/May/26 127,567 0.00
400,000 NatWest Group plc FRN - 28/Nov/31 469,144 0.02
500,000 Network Rail Infrastructure Finance plc 3.000% - 7/Sep/23 617,430 0.02
200,000 Northumbrian Water Finance plc 5.125% - 23/Jan/42 355,046 0.01
100,000 Notting Hill Housing Trust 3.250% - 12/Oct/48 144,978 0.01
500,000 Oesterreichische Kontrollbank AG 1.125% - 15/Dec/22 599,002 0.02
400,000 Orange SA 3.250% - 15/Jan/32 530,201 0.02
100,000 Orbit Capital plc 3.500% - 24/Mar/45 145,656 0.01
200,000 Orsted AS 2.500% - 16/May/33 256,367 0.01
100,000 Peabody Capital No 2 plc 3.250% - 14/Sep/48 145,558 0.01
300,000 Rabobank 4.625% - 23/May/29 415,230 0.02
400,000 Rabobank 4.875% - 10/Jan/23 494,963 0.02
200,000 Sanctuary Capital plc 2.375% - 14/Apr/50 259,170 0.01
300,000 Santander UK Group Holdings FRN - 8/May/26 369,682 0.01
150,000 Scotland Gas Networks plc 3.250% - 8/Mar/27 192,941 0.01
200,000 Scottish Widows plc 5.500% - 16/Jun/23 251,153 0.01
500,000 Severn Trent Utilities Finance plc 6.125% - 26/Feb/24 657,469 0.02
400,000 Southern Gas Networks plc 3.100% - 15/Sep/36 508,782 0.02
100,000 SSE plc 8.375% - 20/Nov/28 167,133 0.01
200,000 Thames Water 2.625% - 24/Jan/32 248,854 0.01
100,000 Thfc Funding No 2 plc 6.350% - 8/Jul/39 191,941 0.01
400,000 Transport for London 4.000% - 12/Sep/33 574,758 0.02
100,000 University of Oxford 2.544% - 8/Dec/17 150,662 0.01
150,000 Wellcome Trust Limited 1.500% - 14/Jul/71 171,730 0.01
100,000 WellCome Trust Limited 4.000% - 9/May/59 201,017 0.01
500,000 Western Power Distribution 3.625% - 6/Nov/23 619,918 0.02
33,925,828 1.32
417
(expressed in EUR)

Nominal Value
USD Bonds
800,000 3M Company 3.375% - 1/Mar/29 767,767 0.02
400,000 3M Company 3.625% - 15/Oct/47 403,504 0.02
424,000 Abbott Laboratories 3.750% - 30/Nov/26 411,805 0.02
200,000 Abbott Laboratories 5.300% - 27/May/40 242,669 0.01
800,000 AbbVie Inc. 3.200% - 21/Nov/29 752,989 0.03
150,000 AbbVie Inc. 3.800% - 15/Mar/25 140,609 0.01
700,000 AbbVie Inc. 4.250% - 21/Nov/49 739,897 0.03
250,000 AbbVie Inc. 4.300% - 14/May/36 258,571 0.01
750,000 AbbVie Inc. 4.500% - 14/May/35 790,569 0.02
500,000 ABN Amro Bank NV 4.750% - 28/Jul/25 480,166 0.02
400,000 Abu Dhabi Crude Oil Pipeline 4.600% - 2/Nov/47 416,818 0.02
500,000 Abu Dhabi National Energy Company PJSC 4.375% - 22/Jun/26 487,432 0.02
400,000 AerCap Ireland Capital DAC 3.300% - 30/Jan/32 358,690 0.01
500,000 AerCap Ireland Capital DAC 6.500% - 15/Jul/25 502,940 0.02
500,000 Aetna Inc. 4.125% - 15/Nov/42 500,747 0.02
500,000 Aflac Inc. 3.600% - 1/Apr/30 485,902 0.02
200,000 AIA Group Limited 3.200% - 16/Sep/40 180,462 0.01
1,000,000 Air Lease Corp. 3.250% - 1/Mar/25 912,984 0.04
400,000 Alabama Power Company 3.125% - 15/Jul/51 361,436 0.01
1,500,000 Alexandria Real Estate Equities 3.950% - 15/Jan/28 1,464,181 0.05
800,000 Alibaba Group Holding Limited 3.600% - 28/Nov/24 741,541 0.03
800,000 Alibaba Group Holding Limited 4.000% - 6/Dec/37 762,532 0.03
200,000 Allstate Corp. 4.500% - 15/Jun/43 215,793 0.01
500,000 Ally Financial Inc. 5.800% - 1/May/25 496,550 0.02
500,000 Alphabet Inc. 2.050% - 15/Aug/50 394,456 0.02
500,000 Alphabet Inc. 3.375% - 25/Feb/24 463,914 0.02
300,000 Altria Group Inc. 3.700% - 4/Feb/51 246,378 0.01
500,000 Altria Group Inc. 5.375% - 31/Jan/44 508,398 0.02
500,000 Amazon.com Inc. 2.400% - 22/Feb/23 447,929 0.01
500,000 Amazon.com Inc. 3.150% - 22/Aug/27 475,330 0.01
350,000 Amazon.com Inc. 4.250% - 22/Aug/57 394,722 0.02
350,000 Amazon.com Inc. 4.950% - 5/Dec/44 419,902 0.02
600,000 American Electric Power Company Inc. 2.300% - 1/Mar/30 518,958 0.02
1,000,000 American Express Company 3.400% - 27/Feb/23 905,019 0.04
540,000 American Express Company 4.050% - 3/Dec/42 564,005 0.02
500,000 American Honda Finance Corp. 2.300% - 9/Sep/26 454,114 0.02
250,000 American International Group Inc. 4.375% - 15/Jan/55 272,635 0.01
400,000 American International Group Inc. 4.750% - 1/Apr/48 450,863 0.02
100,000 American International Group Inc. 6.250% - 1/May/36 122,073 0.00
418
(expressed in EUR)

Nominal Value

500,000 American Tower Corp. 2.100% - 15/Jun/30 424,772 0.02
250,000 American Water Capital Corp. 4.200% - 1/Sep/48 264,748 0.01
600,000 Amerisourcebergen Corp. 2.700% - 15/Mar/31 533,522 0.02
500,000 Amgen Inc. 2.300% - 25/Feb/31 441,964 0.02
588,000 Amgen Inc. 4.663% - 15/Jun/51 658,745 0.02
400,000 Amipeace Limited 2.250% - 22/Oct/30 345,812 0.01
350,000 Anheuser-Busch Companies LLC 3.650% - 1/Feb/26 331,889 0.01
500,000 Anheuser-Busch Companies LLC 4.900% - 1/Feb/46 556,001 0.02
989,000 Anheuser-Busch InBev Worldwide Inc. 4.439% - 6/Oct/48 1,044,336 0.04
400,000 Anheuser-Busch InBev Worldwide Inc. 4.750% - 15/Apr/58 442,736 0.02
500,000 Anheuser-Busch InBev Worldwide Inc. 5.450% - 23/Jan/39 576,114 0.02
500,000 Anthem Inc. 3.300% - 15/Jan/23 451,303 0.02
500,000 Anthem Inc. 4.650% - 15/Jan/43 549,857 0.02
350,000 Aon plc 4.750% - 15/May/45 384,320 0.01
700,000 Apple Inc. 1.700% - 5/Aug/31 602,075 0.02
500,000 Apple Inc. 2.375% - 8/Feb/41 427,904 0.02
400,000 Apple Inc. 2.450% - 4/Aug/26 367,988 0.01
500,000 Apple Inc. 2.650% - 11/May/50 433,011 0.02
500,000 Apple Inc. 2.900% - 12/Sep/27 469,335 0.02
800,000 Apple Inc. 3.200% - 11/May/27 759,547 0.03
500,000 Apple Inc. 3.450% - 9/Feb/45 492,281 0.02
500,000 Apple Inc. 4.375% - 13/May/45 556,167 0.01
800,000 Applied Materials Inc. 1.750% - 1/Jun/30 692,140 0.03
200,000 Aptiv plc 5.400% - 15/Mar/49 234,805 0.01
600,000 Archer Daniels Midland Company 2.500% - 11/Aug/26 549,805 0.02
500,000 Ares Capital Corp. 2.150% - 15/Jul/26 434,080 0.02
200,000 Argentum Netherlands BV for Swiss Re Limited FRN - 15/Aug/52 198,537 0.01
400,000 Argentum Netherlands BV for Swiss Re Limited FRN - 15/Aug/50 389,246 0.02
300,000 Arizona Public Service Company 3.500% - 1/Dec/49 276,175 0.01
25,000 Astrazeneca Finance LLC 2.250% - 28/May/31 22,258 0.00
150,000 Astrazeneca plc 0.300% - 26/May/23 131,365 0.01
350,000 Astrazeneca plc 6.450% - 15/Sep/37 454,087 0.02
270,000 AT&T Inc. 3.550% - 15/Sep/55 238,877 0.01
750,000 AT&T Inc. 3.800% - 1/Dec/57 689,578 0.03
1,073,000 AT&T Inc. 4.100% - 15/Feb/28 1,049,920 0.04
750,000 AT&T Inc. 4.250% - 1/Mar/27 732,222 0.03
882,000 AT&T Inc. 4.300% - 15/Feb/30 874,789 0.03
789,000 AT&T Inc. 4.350% - 15/Jun/45 793,132 0.03
225,000 AT&T Inc. 4.500% - 15/May/35 228,961 0.01
639,000 AT&T Inc. 4.500% - 9/Mar/48 659,929 0.03
125,000 AT&T Inc. 5.150% - 15/Mar/42 137,305 0.01
300,000 Atmos Energy Corp. 5.500% - 15/Jun/41 351,856 0.01
400,000 Avalonbay Communities 4.150% - 1/Jul/47 435,965 0.02
400,000 Baidu Inc. 4.375% - 29/Mar/28 390,523 0.02
400,000 Baker Hughes a GE LLC 4.080% - 15/Dec/47 401,348 0.02
419
(expressed in EUR)

Nominal Value

300,000 Baltimore Gas and Electric Company 3.200% - 15/Sep/49 276,228 0.01
600,000 Banco Santander SA 3.490% - 28/May/30 559,897 0.02
150,000 Bank of America Corp. FRN - 14/Jun/24 131,092 0.01
500,000 Bank of America Corp. FRN - 29/Apr/31 444,965 0.02
0* Bank of America Corp. 3.004% - 20/Dec/23 0 0.00
400,000 Bank of America Corp. 3.950% - 21/Apr/25 376,313 0.01
1,500,000 Bank of America Corp. 4.000% - 1/Apr/24 1,402,748 0.04
1,000,000 Bank of America Corp. 4.100% - 24/Jul/23 924,893 0.04
1,000,000 Bank of America Corp. 4.183% - 25/Nov/27 962,996 0.04
100,000 Bank of America Corp. 6.110% - 29/Jan/37 118,384 0.00
200,000 Bank of America Corp. 7.750% - 14/May/38 275,919 0.01
500,000 Bank of New York 3.400% - 29/Jan/28 477,668 0.02
500,000 Bank of New York Mellon Corp. 1.600% - 24/Apr/25 443,224 0.02
500,000 Bank of Nova Scotia 3.400% - 11/Feb/24 461,324 0.02
500,000 Barclays plc 4.375% - 12/Jan/26 481,119 0.02
500,000 Barclays plc 5.200% - 12/May/26 491,823 0.02
300,000 Barclays plc 5.250% - 17/Aug/45 351,102 0.01
200,000 Barrick North America Finance LLC 5.750% - 1/May/43 239,701 0.01
750,000 BAT Capital Corp. 3.222% - 15/Aug/24 685,916 0.02
500,000 BAT Capital Corp. 4.390% - 15/Aug/37 463,131 0.02
150,000 BAT Capital Corp. 5.282% - 2/Apr/50 151,523 0.01
149,000 Baxalta Inc. 4.000% - 23/Jun/25 141,215 0.01
30,000 Baxalta Inc. 5.250% - 23/Jun/45 35,148 0.00
200,000 Bayer US Finance II LLC 4.875% - 25/Jun/48 217,770 0.01
200,000 Bayer USA Finance II 3.875% - 15/Dec/23 183,890 0.01
300,000 Bayer USA Finance II 4.375% - 15/Dec/28 295,254 0.01
300,000 Becton Dickinson & Company 4.669% - 6/Jun/47 333,339 0.01
500,000 Berkshire Hathaway Finance Corp. 1.450% - 15/Oct/30 420,765 0.02
500,000 Berkshire Hathaway Inc. 4.300% - 15/May/43 529,055 0.02
500,000 Bharti Airtel International Netherlands BV 5.350% - 20/May/24 474,247 0.02
400,000 BHP Billiton Finance USA Limited 5.000% - 30/Sep/43 465,955 0.02
300,000 Biogen Inc. 3.150% - 1/May/50 258,275 0.01
200,000 Biogen Inc. 4.050% - 15/Sep/25 191,112 0.01
500,000 Booking Holdings Inc. 4.625% - 13/Apr/30 514,509 0.01
500,000 Boston Properties LP 3.800% - 1/Feb/24 459,721 0.02
300,000 Boston Scientific Corp. 2.650% - 1/Jun/30 269,159 0.01
500,000 Boston Scientific Corp. 3.450% - 1/Mar/24 459,779 0.02
300,000 BP Capital Markets America Inc. 2.772% - 10/Nov/50 249,060 0.01
200,000 BP Capital Markets America Inc. 3.379% - 8/Feb/61 181,826 0.01
500,000 BP Capital Markets plc 3.279% - 19/Sep/27 471,604 0.02
*
420
(expressed in EUR)

Nominal Value

800,000 BP Capital Markets plc 3.506% - 17/Mar/25 749,842 0.03
250,000 Brighthouse Financial 3.700% - 22/Jun/27 236,168 0.01
410,000 Bristol-Myers Squibb Company 2.900% - 26/Jul/24 377,364 0.01
421,000 Bristol-Myers Squibb Company 3.875% - 15/Aug/25 400,931 0.02
300,000 Bristol-Myers Squibb Company 4.125% - 15/Jun/39 312,307 0.01
500,000 British Telecommunications plc 9.625% - 15/Dec/30 648,132 0.03
500,000 Broadcom Inc. 4.750% - 15/Apr/29 500,940 0.02
400,000 Brown-Forman Corp. 4.000% - 15/Apr/38 411,380 0.02
400,000 Burlington Northern Santa Fe LLC 3.300% - 15/Sep/51 382,592 0.01
500,000 Burlington Northern Santa Fe LLC 3.650% - 1/Sep/25 473,494 0.02
600,000 Burlington Northern Santa Fe LLC 5.050% - 1/Mar/41 689,425 0.03
400,000 Campbell Soup Company 4.800% - 15/Mar/48 440,301 0.02
800,000 Canadian Imperial Bank of Commerce 2.250% - 28/Jan/25 719,940 0.03
500,000 Canadian Natural Resources Limited 3.850% - 1/Jun/27 472,694 0.02
300,000 Canadian Natural Resources Limited 4.950% - 1/Jun/47 327,994 0.01
250,000 Canadian Pacific Railway Company 7.125% - 15/Oct/31 306,890 0.01
1,000,000 Capital One Financial Corp. 3.200% - 30/Jan/23 900,942 0.04
400,000 Capital One Financial Corp. 4.200% - 29/Oct/25 382,793 0.01
700,000 Cardinal Health Inc. 3.500% - 15/Nov/24 649,673 0.03
1,500,000 Caterpillar Financial Services Corp. 2.550% - 29/Nov/22 1,341,090 0.05
500,000 Caterpillar Inc. 5.200% - 27/May/41 605,450 0.02
600,000 Cenovus Energy Incca 4.400% - 15/Apr/29 583,877 0.02
400,000 Centerpoint Energy Houston Electric LLC 3.950% - 1/Mar/48 421,110 0.02
500,000 Charles Schwab Corp. 1.150% - 13/May/26 434,320 0.02
300,000 Charles Schwab Corp. 3.250% - 22/May/29 283,992 0.01
200,000 Charter Communications Operating LLC 3.700% - 1/Apr/51 170,564 0.01
750,000 Charter Communications Operating LLC 3.750% - 15/Feb/28 706,914 0.03
200,000 Charter Communications Operating LLC 3.900% - 1/Jun/52 176,636 0.01
300,000 Charter Communications Operating LLC 4.400% - 1/Dec/61 273,343 0.01
300,000 Charter Communications Operating LLC 4.800% - 1/Mar/50 296,208 0.01
350,000 Charter Communications Operating LLC 4.908% - 23/Jul/25 339,168 0.01
300,000 Charter Communications Operating LLC 6.484% - 23/Oct/45 360,392 0.01
500,000 Chevron USA Inc. 1.018% - 12/Aug/27 424,980 0.02
300,000 Chevron USA Inc. 2.343% - 12/Aug/50 243,871 0.01
400,000 China Cinda Finance 2017 Limited 4.750% - 8/Feb/28 389,119 0.02
500,000 China Huaneng Group Hong Kong Treasury Management Holding Limited 1.600% - 20/Jan/26 436,565 0.02
500,000 China Overseas Finance Cayman VI Limited 5.950% - 8/May/24 478,400 0.01
500,000 China Southern Power 3.500% - 8/May/27 473,252 0.02
300,000 Chubb Corp. 6.500% - 15/May/38 394,304 0.02
100,000 Chubb INA Holdings Inc. 3.350% - 3/May/26 94,419 0.00
600,000 Cigna Corp. 4.900% - 15/Dec/48 684,314 0.03
200,000 Cisco Systems Inc. 5.500% - 15/Jan/40 246,147 0.01
500,000 Cisco Systems Inc. 5.900% - 15/Feb/39 633,749 0.02
400,000 Citigroup Inc. FRN - 1/May/32 353,846 0.01
200,000 Citigroup Inc. FRN - 3/Jun/31 177,306 0.01
1,000,000 Citigroup Inc. 2.700% - 27/Oct/22 891,328 0.03
1,000,000 Citigroup Inc. FRN - 24/Jul/23 889,957 0.03
421
(expressed in EUR)

Nominal Value

1,500,000 Citigroup Inc. 3.700% - 12/Jan/26 1,426,453 0.05
600,000 Citigroup Inc. 4.450% - 29/Sep/27 588,470 0.02
300,000 Citigroup Inc. 4.650% - 30/Jul/45 333,685 0.01
100,000 Citigroup Inc. FRN - 26/Mar/41 116,222 0.00
250,000 Citigroup Inc. 5.875% - 30/Jan/42 312,489 0.01
400,000 Citigroup Inc. 6.675% - 13/Sep/43 528,254 0.02
1,000,000 CK Hutchison International 17 Limited 3.500% - 5/Apr/27 943,950 0.04
250,000 Cloverie plc for Zurich Insurance Company Limited FRN - 24/Jun/46 245,980 0.01
400,000 CME Group Inc. 3.000% - 15/Mar/25 369,567 0.01
400,000 CNAC HK Finbridge Company Limited 5.125% - 14/Mar/28 403,240 0.02
800,000 Cnh Industrial Capital LLC 1.450% - 15/Jul/26 689,462 0.02
471,000 CNOOC Petroleum North America ULC 6.400% - 15/May/37 540,804 0.02
500,000 Coca Cola Company 1.650% - 1/Jun/30 426,831 0.02
400,000 Coca Cola Company 2.600% - 1/Jun/50 347,186 0.01
325,000 Coca-Cola Company 2.250% - 5/Jan/32 290,672 0.01
1,000,000 Comcast Corp. 3.550% - 1/May/28 963,085 0.04
625,000 Comcast Corp. 4.250% - 15/Oct/30 633,791 0.02
575,000 Comcast Corp. 4.600% - 15/Oct/38 617,134 0.02
375,000 Comcast Corp. 4.750% - 1/Mar/44 416,509 0.02
200,000 Comision Federal de Electricidad 3.348% - 9/Feb/31 172,801 0.01
200,000 Comision Federal de Electricidad 4.677% - 9/Feb/51 166,304 0.01
300,000 Conagra Brands Inc. 5.400% - 1/Nov/48 355,989 0.01
600,000 Connecticut Light and Power Company 2.050% - 1/Jul/31 522,215 0.02
250,000 Conocophillips 5.900% - 15/May/38 303,166 0.01
400,000 Conocophillips Company 4.300% - 15/Nov/44 423,766 0.02
600,000 Consolidated Edison Inc. 3.950% - 1/Mar/43 579,004 0.02
150,000 Consolidated Edison Inc. 3.950% - 1/Apr/50 153,127 0.01
600,000 Constellation Brands Inc. 2.875% - 1/May/30 541,379 0.02
500,000 Constellation Brands Inc. 3.200% - 15/Feb/23 449,696 0.02
200,000 Consumers Energy Co 3.100% - 15/Aug/50 184,951 0.01
250,000 Cooperatieve Rabobank UA 5.750% - 1/Dec/43 306,935 0.01
400,000 Corning Inc. 3.900% - 15/Nov/49 399,503 0.02
200,000 Corp Nacional del Cobre de Chile 3.700% - 30/Jan/50 180,382 0.01
200,000 Corp Nacional del Cobre de Chile 4.375% - 5/Feb/49 200,689 0.01
400,000 Corporacion Nacional del Cobre de Chile 3.150% - 14/Jan/30 360,052 0.01
500,000 Country Garden Holdings Company Limited 3.125% - 22/Oct/25 390,016 0.02
400,000 Country Garden Holdings Company Limited 3.300% - 12/Jan/31 300,871 0.01
500,000 Credit Suisse Group AG FRN - 11/Sep/25 449,378 0.02
500,000 Credit Suisse USA Inc. 7.125% - 15/Jul/32 627,080 0.02
200,000 Crown Castle International Corp. 5.200% - 15/Feb/49 226,763 0.01
500,000 Crown Castle International Corp.. 3.800% - 15/Feb/28 478,759 0.02
500,000 CSX Corp. 3.400% - 1/Aug/24 462,872 0.02
200,000 CSX Corp. 3.800% - 1/Nov/46 199,218 0.01
250,000 CSX Corp. 4.500% - 1/Aug/54 278,567 0.01
750,000 Cummins Inc. 3.650% - 1/Oct/23 687,464 0.03
65,000 CVS Health Corp. 4.100% - 25/Mar/25 61,656 0.00
422
(expressed in EUR)

Nominal Value

1,000,000 CVS Health Corp. 5.050% - 25/Mar/48 1,149,286 0.04
300,000 CVS Health Corp. 5.300% - 5/Dec/43 349,315 0.01
300,000 Dai-Ichi Life Insurance Company Limited - Perp. FRN - 29/Dec/49 280,705 0.01
100,000 Daimler Finance LLC 8.500% - 18/Jan/31 131,214 0.01
500,000 Deere & Company 3.100% - 15/Apr/30 475,941 0.02
200,000 Deere & Company 5.375% - 16/Oct/29 218,282 0.01
475,000 Dell International LLC 6.020% - 15/Jun/26 484,427 0.02
156,000 Dell International LLC 8.350% - 15/Jul/46 229,532 0.01
1,000,000 Deutsche Bank AG 3.950% - 27/Feb/23 906,730 0.04
500,000 Deutsche Bank AG 5.000% - 14/Feb/22 441,770 0.02
500,000 Devon Energy Corp. 5.850% - 15/Dec/25 503,293 0.02
500,000 Dh Europe Finance II Sarl 3.250% - 15/Nov/39 470,568 0.02
1,000,000 Diageo Capital plc 2.625% - 29/Apr/23 898,001 0.03
150,000 Diageo Capital plc 5.875% - 30/Sep/36 185,311 0.01
500,000 Diamondback Energy Inc. 3.125% - 24/Mar/31 453,951 0.02
500,000 Discover Financial Services 3.750% - 4/Mar/25 466,303 0.02
250,000 Discovery Communications Inc. 6.350% - 1/Jun/40 303,842 0.01
150,000 Dollar General Corp. 4.150% - 1/Nov/25 143,558 0.01
500,000 Dominion Energy Inc. 3.375% - 1/Apr/30 468,801 0.02
200,000 Dominion Resources Inc. 4.700% - 1/Dec/44 218,289 0.01
500,000 Dow Chemical Company 5.550% - 30/Nov/48 620,996 0.02
300,000 DP World Crescent Limited 3.908% - 31/May/23 273,205 0.01
200,000 DP World plc 5.625% - 25/Sep/48 216,806 0.01
250,000 DTE Electric Company 4.300% - 1/Jul/44 267,311 0.01
500,000 Duke Energy Corp. 3.500% - 15/Jun/51 457,159 0.02
750,000 Duke Energy Indiana Inc. 4.900% - 15/Jul/43 831,384 0.03
600,000 Duke Energy Progress LLC 3.250% - 15/Aug/25 560,300 0.02
300,000 DuPont de Nemours Inc. 4.725% - 15/Nov/28 306,510 0.01
300,000 DuPont de Nemours Inc. 5.419% - 15/Nov/48 370,266 0.01
100,000 Eastman Chemical Company 4.650% - 15/Oct/44 105,167 0.00
400,000 Eaton Corp. 3.915% - 15/Sep/47 409,172 0.02
500,000 Eaton Vance Corp. 3.625% - 15/Jun/23 453,802 0.02
500,000 Ecolab Inc. 4.800% - 24/Mar/30 527,693 0.02
500,000 EDP Finance BV 3.625% - 15/Jul/24 461,955 0.02
500,000 Eli Lilly & Company 2.250% - 15/May/50 406,073 0.02
150,000 Emera USA Finance LP 4.750% - 15/Jun/46 156,563 0.01
300,000 Emerson Electric Company 3.150% - 1/Jun/25 278,479 0.01
300,000 Empresa de Transporte de Pasajeros Metro SA 4.700% - 7/May/50 307,301 0.01
150,000 Enbridge Energy Partners LP 7.375% - 15/Oct/45 207,568 0.01
500,000 Enbridge Inc. 3.125% - 15/Nov/29 462,122 0.02
600,000 Entergy Arkansas Inc. 3.700% - 1/Jun/24 555,729 0.02
600,000 Entergy Corp. 2.800% - 15/Jun/30 538,523 0.02
200,000 Entergy Louisiana LLC 4.200% - 1/Sep/48 211,447 0.01
423
(expressed in EUR)

Nominal Value

500,000 EOG Resources Inc. 4.150% - 15/Jan/26 481,148 0.02
600,000 Equinix Inc. 2.000% - 15/May/28 518,036 0.02
200,000 Equinor ASA 4.250% - 23/Nov/41 212,291 0.01
250,000 Equinor ASA 5.100% - 17/Aug/40 289,484 0.01
200,000 ERP Operating LP 4.500% - 1/Jul/44 221,974 0.01
300,000 Essex Portfolio LP 4.000% - 1/Mar/29 293,088 0.01
800,000 Estee Lauder Companies Inc. 1.950% - 15/Mar/31 695,445 0.03
500,000 Evergy Inc. 2.900% - 15/Sep/29 452,766 0.02
1,000,000 Eversource Energy 2.900% - 1/Oct/24 913,260 0.04
360,000 Expedia Group Inc. 6.250% - 1/May/25 357,738 0.01
500,000 Exxon Mobil Corp. 3.294% - 19/Mar/27 474,381 0.02
500,000 Exxon Mobil Corporation 2.709% - 6/Mar/25 458,290 0.02
220,000 Federal Home Loan Banks 5.500% - 15/Jul/36 280,701 0.01
500,000 Federal Realty Investment Trust 3.250% - 15/Jul/27 466,522 0.02
325,000 Fedex Corp. 4.750% - 15/Nov/45 350,830 0.01
300,000 Fedex Corp. 5.250% - 15/May/50 354,500 0.01
500,000 Fifth Third Bancorp 2.550% - 5/May/27 455,074 0.02
500,000 Fiserv Inc. 2.250% - 1/Jun/27 447,271 0.02
500,000 Fiserv Inc. 2.650% - 1/Jun/30 446,825 0.02
300,000 Florida Power & Light Co 3.150% - 1/Oct/49 281,757 0.01
400,000 Florida Power & Light Company 4.050% - 1/Oct/44 420,951 0.02
500,000 Fomento Economico Mexicano SAB de CV 3.500% - 16/Jan/50 462,298 0.02
1,200,000 Gazprom OAO Via Gaz Capital SA 4.950% - 19/Jul/22 1,075,618 0.04
675,000 GE Capital International Funding Company 4.418% - 15/Nov/35 712,377 0.02
75,000 General Electric Company 4.500% - 11/Mar/44 81,560 0.00
150,000 General Electric Company 5.875% - 14/Jan/38 179,273 0.01
200,000 General Electric Company 6.875% - 10/Jan/39 263,023 0.01
200,000 General Motors Company 5.950% - 1/Apr/49 241,139 0.01
500,000 General Motors Financial Company Inc. 3.850% - 5/Jan/28 474,715 0.02
1,000,000 General Motors Financial Company Inc. 4.000% - 15/Jan/25 934,741 0.03
500,000 General Motors Financial Company Inc. 4.350% - 17/Jan/27 484,647 0.02
250,000 General Motors Financial Company Inc. 5.250% - 1/Mar/26 246,748 0.01
500,000 Georgia Power Company 4.300% - 15/Mar/43 501,844 0.02
800,000 Gilead Sciences Inc. 3.650% - 1/Mar/26 758,588 0.02
200,000 Gilead Sciences Inc. 4.150% - 1/Mar/47 208,178 0.01
400,000 Gilead Sciences Inc. 5.650% - 1/Dec/41 485,121 0.02
300,000 Glaxosmithkline Capital Inc. 3.875% - 15/May/28 295,090 0.01
350,000 Glaxosmithkline Capital Inc. 6.375% - 15/May/38 453,794 0.02
500,000 Global Payments Inc. 2.900% - 15/May/30 448,274 0.02
175,000 Goldman Sachs Group Inc. FRN - 22/Apr/32 155,156 0.01
1,000,000 Goldman Sachs Group Inc. 3.200% - 23/Feb/23 902,353 0.04
1,000,000 Goldman Sachs Group Inc. FRN - 5/Jun/28 950,997 0.03
424
(expressed in EUR)

Nominal Value

500,000 Goldman Sachs Group Inc. FRN - 23/Apr/29 478,794 0.02
1,000,000 Goldman Sachs Group Inc. 3.850% - 26/Jan/27 946,299 0.03
530,000 Goldman Sachs Group Inc. 5.950% - 15/Jan/27 548,735 0.02
200,000 Grupo Televisa SAB 5.000% - 13/May/45 207,493 0.01
500,000 Halliburton Company 6.700% - 15/Sep/38 606,189 0.02
300,000 HCA Inc. 5.125% - 15/Jun/39 327,004 0.01
700,000 HCA Inc. 5.250% - 15/Jun/26 692,271 0.03
500,000 Healthcare Trust 3.750% - 1/Jul/27 477,479 0.02
259,000 Hess Corp. 7.300% - 15/Aug/31 305,201 0.01
500,000 Hewlett Packard Enterprise Company 6.200% - 15/Oct/35 578,328 0.02
150,000 Home Depot Inc 1.500% - 15/Sep/28 130,342 0.01
500,000 Home Depot Inc. 2.800% - 14/Sep/27 466,510 0.02
1,000,000 Home Depot Inc. 3.750% - 15/Feb/24 927,448 0.04
500,000 Home Depot Inc. 3.900% - 15/Jun/47 519,402 0.02
400,000 Home Depot Inc. 5.875% - 16/Dec/36 497,724 0.02
1,000,000 Host Hotels & Resorts 4.500% - 1/Feb/26 946,388 0.03
600,000 HP Inc. 1.450% - 17/Jun/26 519,047 0.02
800,000 HSBC Holdings plc FRN - 18/Apr/26 699,243 0.03
500,000 HSBC Holdings plc FRN - 4/Jun/31 446,445 0.02
500,000 HSBC Holdings plc 3.600% - 25/May/23 456,104 0.02
1,000,000 HSBC Holdings plc FRN - 13/Mar/28 952,804 0.04
500,000 HSBC Holdings plc 4.250% - 14/Mar/24 464,442 0.02
550,000 Huarong Finance 2017 Company 4.250% - 7/Nov/27 490,296 0.02
500,000 Humana Inc. 3.850% - 1/Oct/24 466,853 0.02
500,000 IBM Corp. 3.300% - 27/Jan/27 472,100 0.02
500,000 IBM Corp. 3.625% - 12/Feb/24 463,430 0.02
600,000 Imperial Tobacco Finance plc 3.500% - 11/Feb/23 537,834 0.02
200,000 Indonesia Asahan Aluminium Persero PT 5.800% - 15/May/50 204,299 0.01
1,070,000 Industrial & Commercial Bank of China Limited 2.875% - 21/Feb/22 943,082 0.04
500,000 ING Groep NV FRN - 1/Apr/27 436,971 0.02
400,000 ING Groep NV FRN - 1/Apr/32 360,439 0.01
300,000 ING Groep NV FRN - 22/Mar/28 273,348 0.01
100,000 Intel Corp. 2.800% - 12/Aug/41 88,009 0.00
500,000 Intel Corp. 3.700% - 29/Jul/25 474,797 0.02
414,000 Intel Corp. 3.734% - 8/Dec/47 414,917 0.02
500,000 Intel Corp. 4.750% - 25/Mar/50 586,783 0.02
400,000 Intercontinental Exchange Inc. 2.100% - 15/Jun/30 349,575 0.01
300,000 Intercontinental Exchange Inc. 2.650% - 15/Sep/40 255,866 0.01
500,000 Intercontinental Exchange Inc. 3.750% - 1/Dec/25 474,757 0.02
100,000 International Business Machines Corp. 2.950% - 15/May/50 86,367 0.00
1,500,000 International Business Machines Corp. 3.500% - 15/May/29 1,432,985 0.07
150,000 International Flavors & Fragrances Inc. 5.000% - 26/Sep/48 170,378 0.01
127,000 International Paper Company 4.350% - 15/Aug/48 137,475 0.01
150,000 International Paper Company 5.000% - 15/Sep/35 164,276 0.01
425
(expressed in EUR)

Nominal Value

300,000 Jefferies Group Inc. 6.500% - 20/Jan/43 366,226 0.01
500,000 JM Smucker Company 3.500% - 15/Mar/25 468,275 0.02
500,000 John Deere Capital Corp. 1.750% - 9/Mar/27 443,076 0.02
250,000 Johnson & Johnson 2.100% - 1/Sep/40 208,935 0.01
250,000 Johnson & Johnson 2.450% - 1/Sep/60 208,771 0.01
500,000 Johnson & Johnson 2.625% - 15/Jan/25 458,969 0.02
400,000 Johnson & Johnson 3.550% - 1/Mar/36 402,656 0.02
500,000 Johnson Controls International plc 2.000% - 16/Sep/31 424,447 0.02
373,000 Johnson Controls International plc 3.900% - 14/Feb/26 355,221 0.01
400,000 Joy Treasure Assets Holdings Inc. 1.875% - 17/Nov/25 345,246 0.01
1,500,000 JPMorgan Chase & Company FRN - 22/Apr/27 1,304,566 0.05
750,000 JPMorgan Chase & Company 2.950% - 1/Oct/26 697,087 0.03
1,000,000 JPMorgan Chase & Company FRN - 23/Jan/29 945,449 0.04
400,000 JPMorgan Chase & Company 4.950% - 1/Jun/45 459,307 0.02
300,000 JPMorgan Chase & Company 5.600% - 15/Jul/41 366,793 0.01
400,000 Kansas City Southern 3.500% - 1/May/50 379,448 0.01
400,000 KazMunayGas National Company JSC 6.375% - 24/Oct/48 462,540 0.02
400,000 Kellogg Company 3.250% - 1/Apr/26 373,719 0.01
500,000 Kentucky Utilities Company 4.375% - 1/Oct/45 523,310 0.02
700,000 Keurig Dr Pepper Inc. 5.085% - 25/May/48 804,089 0.03
400,000 Kimberly-Clark 2.750% - 15/Feb/26 371,654 0.01
500,000 Kimco Realty Corp. 1.900% - 1/Mar/28 435,521 0.02
500,000 Kinder Morgan Energy Partners LP 5.000% - 15/Aug/42 513,696 0.02
150,000 Kinder Morgan Energy Partners LP 6.950% - 15/Jan/38 182,881 0.01
650,000 Kinder Morgan Inc. 3.150% - 15/Jan/23 583,847 0.02
700,000 Kinder Morgan Inc. 5.300% - 1/Dec/34 744,300 0.03
200,000 Kohl’s Corp. 5.550% - 17/Jul/45 204,769 0.01
500,000 Korea Gas Corp. 3.500% - 2/Jul/26 475,608 0.02
250,000 Kroger Company 2.650% - 15/Oct/26 228,775 0.01
250,000 Kroger Company 4.450% - 1/Feb/47 267,373 0.01
500,000 Laboratory Corp. of America Holdings 2.700% - 1/Jun/31 448,276 0.02
1,000,000 Lam Research Corp. 1.900% - 15/Jun/30 867,022 0.03
200,000 Landeskreditbank Baden-Wuerttemberg Foerderbank 2.625% - 7/Feb/22 176,193 0.01
500,000 Lincoln National Corp. 3.400% - 15/Jan/31 472,338 0.02
500,000 Lloyds Banking Group plc 3.000% - 11/Jan/22 439,890 0.02
300,000 Lloyds Banking Group plc 4.344% - 9/Jan/48 310,409 0.01
600,000 Lloyds Banking Group plc 4.375% - 22/Mar/28 593,076 0.02
1,000,000 Lloyds Banking Group plc 4.550% - 16/Aug/28 1,003,369 0.04
500,000 Lowe’s Companies Inc. 3.100% - 3/May/27 470,109 0.02
300,000 Lowe’s Companies Inc. 3.125% - 15/Sep/24 276,878 0.01
400,000 Lowe’s Companies Inc. 4.650% - 15/Apr/42 432,467 0.02
500,000 Lsega Financing plc 2.500% - 6/Apr/31 442,451 0.02
500,000 LYB International Finance BV 5.250% - 15/Jul/43 566,459 0.02
426
(expressed in EUR)

Nominal Value

500,000 Magellan Midstream Partners LP 3.250% - 1/Jun/30 463,366 0.02
500,000 Manufacturers & Traders Trust Company 2.900% - 6/Feb/25 460,056 0.02
200,000 Manulife Financial Corp. 5.375% - 4/Mar/46 247,955 0.01
300,000 Marathon Oil Corp. 6.600% - 1/Oct/37 350,050 0.01
200,000 Marathon Petroleum Corp. 5.000% - 15/Sep/54 211,419 0.01
400,000 Markel Corp. 3.450% - 7/May/52 364,772 0.01
500,000 Marsh & McLennan Companies Inc. 4.750% - 15/Mar/39 551,133 0.02
100,000 Masco Corp. 3.125% - 15/Feb/51 88,026 0.00
500,000 Mastercard Inc. 3.300% - 26/Mar/27 475,549 0.02
300,000 Mastercard Inc. 3.850% - 26/Mar/50 318,174 0.01
300,000 Mcdonald’s Corp. 4.200% - 1/Apr/50 319,337 0.01
400,000 McDonald’s Corp. 3.700% - 30/Jan/26 380,151 0.01
1,000,000 McKesson Corp. 3.796% - 15/Mar/24 923,768 0.03
500,000 MDGH - GMTN (RSC) BV 2.875% - 21/May/30 459,249 0.01
300,000 MDGH - GMTN (RSC) BV 3.400% - 7/Jun/51 281,530 0.01
200,000 MDGH - GMTN BV 6.875% - 1/Nov/41 280,086 0.01
173,000 Medtronic Inc. 3.500% - 15/Mar/25 162,208 0.01
750,000 Merck & Company Inc. 3.700% - 10/Feb/45 757,962 0.03
200,000 Metlife Inc. 5.700% - 15/Jun/35 236,055 0.01
300,000 Metlife Inc. 5.875% - 6/Feb/41 374,140 0.01
100,000 Metlife Inc. 10.750% - 1/Aug/39 149,609 0.01
391,000 Mexico City Airport Trust 3.875% - 30/Apr/28 356,908 0.01
175,000 Microsoft Corp. 2.375% - 12/Feb/22 153,966 0.01
300,000 Microsoft Corp. 2.400% - 8/Aug/26 276,343 0.01
375,000 Microsoft Corp. 3.125% - 3/Nov/25 351,483 0.01
100,000 Microsoft Corp. 3.950% - 8/Aug/56 111,485 0.00
700,000 Midamerican Energy Company 3.500% - 15/Oct/24 650,978 0.03
500,000 Midamerican Energy Company 3.650% - 1/Aug/48 497,413 0.02
1,000,000 Mitsubishi UFJ Finance 2.665% - 25/Jul/22 888,325 0.03
500,000 Mitsubishi UFJ Financial Group Inc. 3.850% - 1/Mar/26 476,478 0.02
400,000 Mitsubishi UFJ Financial Group Inc. 3.961% - 2/Mar/28 390,285 0.02
1,000,000 Mizuho Bank Limited 2.950% - 17/Oct/22 894,846 0.03
427
(expressed in EUR)

Nominal Value

500,000 Mizuho Financial Group Inc. 4.018% - 5/Mar/28 488,918 0.02
750,000 Molson Coors Brewing Company 3.000% - 15/Jul/26 691,447 0.03
1,000,000 Morgan Stanley FRN - 21/Jul/32 861,191 0.03
800,000 Morgan Stanley 3.625% - 20/Jan/27 763,422 0.03
750,000 Morgan Stanley 3.700% - 23/Oct/24 702,817 0.03
1,000,000 Morgan Stanley 3.750% - 25/Feb/23 908,881 0.04
400,000 Morgan Stanley FRN - 22/Jul/38 400,460 0.02
300,000 Morgan Stanley FRN - 24/Mar/51 395,031 0.02
200,000 Mosaic Company 4.875% - 15/Nov/41 206,524 0.01
500,000 MPLX LP 3.375% - 15/Mar/23 450,579 0.02
300,000 MPLX LP 4.875% - 1/Dec/24 286,610 0.01
600,000 MPLX LP 4.900% - 15/Apr/58 615,933 0.02
500,000 National Australia Bank Limited 3.000% - 20/Jan/23 450,017 0.02
500,000 National Rural Utilities Cooperative Finance Corp. 3.050% - 25/Apr/27 465,995 0.02
500,000 Nationwide Building Society FRN - 1/Aug/24 460,675 0.02
250,000 NatWest Group plc FRN - 22/May/28 229,350 0.01
500,000 NatWest Group plc 4.800% - 5/Apr/26 490,645 0.02
250,000 NatWest Group plc 6.000% - 19/Dec/23 238,938 0.01
500,000 Newmont Mining Corp. 4.875% - 15/Mar/42 551,136 0.02
500,000 Nextera Energy Capital Holdings Inc. 2.250% - 1/Jun/30 438,406 0.02
600,000 Nike Inc. 3.250% - 27/Mar/40 575,556 0.02
250,000 Nippon Life Insurance Company FRN - 20/Jan/46 239,445 0.01
400,000 Nisource Finance 3.950% - 30/Mar/48 396,392 0.02
600,000 Nomura Holdings Inc. 2.172% - 14/Jul/28 518,137 0.02
300,000 Nomura Holdings Inc. 2.608% - 14/Jul/31 260,539 0.01
500,000 Norfolk Southern Railway 4.450% - 15/Jun/45 540,970 0.02
500,000 Novartis Capital Corp. 2.200% - 14/Aug/30 447,035 0.02
300,000 Novartis Capital Corp. 2.750% - 14/Aug/50 267,391 0.01
400,000 Nucor Corp. 4.000% - 1/Aug/23 366,307 0.01
500,000 Nutrien Limited 2.950% - 13/May/30 463,400 0.02
200,000 Nutrien Limited 3.950% - 13/May/50 205,718 0.01
1,000,000 NVIDIA Corp. 2.850% - 1/Apr/30 933,208 0.04
200,000 Oil India Limited 5.125% - 4/Feb/29 196,511 0.01
600,000 Oneok Inc. 5.850% - 15/Jan/26 605,920 0.02
300,000 Oneok Partners LP 6.125% - 1/Feb/41 335,286 0.01
650,000 Ooredoo International Finance 3.750% - 22/Jun/26 620,746 0.02
575,000 Oracle Corp. 1.650% - 25/Mar/26 501,666 0.02
500,000 Oracle Corp. 2.500% - 15/Oct/22 446,160 0.02
300,000 Oracle Corp. 2.875% - 25/Mar/31 265,283 0.01
1,000,000 Oracle Corp. 3.800% - 15/Nov/37 917,335 0.03
100,000 Oracle Corp. 3.950% - 25/Mar/51 91,345 0.00
500,000 Oracle Corp. 4.000% - 15/Jul/46 458,306 0.02
400,000 Oracle Corp. 4.100% - 25/Mar/61 366,546 0.01
428
(expressed in EUR)

Nominal Value

500,000 Oracle Corp. 4.300% - 8/Jul/34 487,360 0.02
200,000 Oracle Corp. 5.375% - 15/Jul/40 215,221 0.01
350,000 Orange SA 5.375% - 13/Jan/42 405,402 0.02
400,000 Orbia Advance Corp SAB de CV 5.500% - 15/Jan/48 413,888 0.02
300,000 O’Reilly Automotive Inc. 3.550% - 15/Mar/26 283,274 0.01
400,000 Owens Corning 4.400% - 30/Jan/48 414,842 0.02
500,000 Owl Rock Capital Corp. 3.400% - 15/Jul/26 446,984 0.02
300,000 Pacificorp 2.900% - 15/Jun/52 261,765 0.01
200,000 Pacificorp 4.125% - 15/Jan/49 204,529 0.01
150,000 Pacificorp 6.000% - 15/Jan/39 181,364 0.01
200,000 Parker-Hannifin Corp. - H 6.250% - 15/May/38 244,674 0.01
500,000 PayPal Holdings Inc. 2.300% - 1/Jun/30 446,962 0.02
500,000 PepsiCo Inc. 1.625% - 1/May/30 429,245 0.02
500,000 PepsiCo Inc. 3.100% - 17/Jul/22 444,159 0.02
150,000 PepsiCo Inc. 3.875% - 19/Mar/60 167,909 0.01
200,000 Pertamina Persero Pt 4.150% - 25/Feb/60 177,486 0.01
400,000 Pertamina Persero Pt 6.450% - 30/May/44 460,862 0.02
600,000 Perusahaan Listrik Negara Pt 5.375% - 25/Jan/29 606,010 0.02
200,000 Perusahaan Perseroan Persero PT 4.000% - 30/Jun/50 171,118 0.01
300,000 Petroleos del Peru 4.750% - 19/Jun/32 275,082 0.01
500,000 Pfizer Inc. 1.700% - 28/May/30 430,043 0.02
500,000 Pfizer Inc. 2.700% - 28/May/50 443,938 0.02
200,000 Pfizer Inc. 2.750% - 3/Jun/26 186,523 0.01
500,000 Pfizer Inc. 7.200% - 15/Mar/39 709,327 0.03
400,000 Philip Morris International Inc. 4.375% - 15/Nov/41 402,988 0.02
200,000 Philip Morris International Inc. 6.375% - 16/May/38 248,740 0.01
500,000 Phillips 66 2.150% - 15/Dec/30 424,246 0.02
750,000 PNC Bank NA 4.200% - 1/Nov/25 724,732 0.03
500,000 PNC Financial Services Group Inc. 2.600% - 23/Jul/26 461,264 0.02
400,000 Power Finance Corp. Limited 3.350% - 16/May/31 348,304 0.01
1,000,000 PPG Industries Inc. 3.200% - 15/Mar/23 902,132 0.03
1,000,000 Procter & Gamble Company 2.850% - 11/Aug/27 938,519 0.03
500,000 Progress Energy Inc. 7.000% - 30/Oct/31 597,389 0.02
300,000 Progressive Corp. 3.950% - 26/Mar/50 319,278 0.01
800,000 Prologis LP 2.250% - 15/Apr/30 708,617 0.03
500,000 Prosus NV 3.680% - 21/Jan/30 453,847 0.01
500,000 Prudential Financial Inc. 2.100% - 10/Mar/30 442,828 0.02
500,000 Prudential Financial Inc. FRN - 15/Sep/47 462,502 0.02
500,000 Prudential Financial Inc. 4.600% - 15/May/44 550,063 0.02
500,000 Public Service Electric & Gas Company 2.250% - 15/Sep/26 451,428 0.02
200,000 Public Service Electric & Gas Company 3.600% - 1/Dec/47 198,394 0.01
500,000 Qatar Energy 2.250% - 12/Jul/31 436,651 0.02
400,000 Qatar Energy 3.300% - 12/Jul/51 365,183 0.01
200,000 QBE Insurance Group Limited FRN - 2/Dec/44 195,071 0.01
500,000 Qualcomm Inc. 4.650% - 20/May/35 547,804 0.02
100,000 Rabobank 5.250% - 24/May/41 122,681 0.00
300,000 Raymond James Financial Inc. 4.650% - 1/Apr/30 305,896 0.01
500,000 Realty Income Corp. 3.250% - 15/Jan/31 472,909 0.02
429
(expressed in EUR)

Nominal Value

700,000 Reckitt Benckiser Treasury 2.750% - 26/Jun/24 637,521 0.02
200,000 Republic Services Inc. 2.300% - 1/Mar/30 176,473 0.01
300,000 Republic Services Inc. 3.050% - 1/Mar/50 271,046 0.01
700,000 Reynolds American 4.450% - 12/Jun/25 664,924 0.02
100,000 Reynolds American Inc. 6.150% - 15/Sep/43 109,069 0.00
100,000 Rockwell Automation Inc. 2.800% - 15/Aug/61 86,709 0.00
500,000 Rogers Communications Inc. 4.300% - 15/Feb/48 508,171 0.02
500,000 Roper Technologies Inc. 1.000% - 15/Sep/25 429,628 0.02
500,000 Roper Technologies Inc. 1.750% - 15/Feb/31 412,648 0.02
500,000 Royal Bank of Canada 1.200% - 27/Apr/26 432,715 0.02
1,500,000 Ryder System Inc. 3.400% - 1/Mar/23 1,354,880 0.06
1,000,000 Sabine Pass Liquefaction LLC 5.875% - 30/Jun/26 1,009,790 0.03
100,000 San Diego Gas & Electric Company 3.320% - 15/Apr/50 93,725 0.00
600,000 Sands China Limited 5.400% - 8/Aug/28 565,856 0.02
800,000 Santander Holdings USA Inc. 3.450% - 2/Jun/25 738,925 0.03
300,000 Santander UK Group 4.750% - 15/Sep/25 288,186 0.01
500,000 Santander UK Group Holdings plc FRN - 3/Nov/28 472,344 0.02
500,000 Saudi Electricity Global Sukuk Company 4.000% - 8/Apr/24 466,468 0.02
600,000 Schlumberger Investment SA 2.650% - 26/Jun/30 540,794 0.02
1,000,000 Sempra Energy Corp. 3.250% - 15/Jun/27 932,328 0.03
500,000 Shell International Finance BV 5.500% - 25/Mar/40 598,927 0.02
1,000,000 Sherwin-Williams Company 3.450% - 1/Jun/27 952,985 0.03
0* Shimao Property Holdings Limited 5.200% - 16/Jan/27 0 0.00
1,000,000 Shire Acquisitions Investments Ireland 2.875% - 23/Sep/23 905,082 0.03
1,000,000 Simon Property Group LP 2.750% - 1/Jun/23 899,498 0.03
400,000 Simon Property Group LP 6.750% - 1/Feb/40 521,004 0.02
200,000 Sino-Ocean Land Treasure IV Limited 4.750% - 5/Aug/29 159,627 0.01
290,000 Sinopec Group Overseas Development 2.750% - 29/Sep/26 266,372 0.01
400,000 Sinopec Group Overseas Development 4.250% - 12/Sep/28 397,453 0.02
400,000 Sinopec Group Overseas Development 4.250% - 3/May/46 407,808 0.02
550,000 SITE Centers Corp. 4.250% - 1/Feb/26 515,740 0.02
250,000 Societe Generale SA 4.750% - 24/Nov/25 239,158 0.01
150,000 Southern California Edison Company 3.650% - 1/Feb/50 141,400 0.01
500,000 Southern California Edison Company 5.950% - 1/Feb/38 572,174 0.02
600,000 Southwest Airlines Company 2.625% - 10/Feb/30 527,371 0.02
500,000 SP Group Treasury Pte Limited 3.375% - 27/Feb/29 483,220 0.02
500,000 Standard Chartered plc FRN - 15/Mar/24 453,124 0.02
500,000 Standard Chartered plc FRN - 15/Mar/33 480,487 0.02
200,000 Standard Chartered plc 5.700% - 26/Mar/44 226,294 0.01
600,000 Stanley Black & Decker Inc. 2.300% - 15/Mar/30 534,484 0.02
*
430
(expressed in EUR)

Nominal Value

300,000 Stanley Black & Decker Inc. 2.750% - 15/Nov/50 255,202 0.01
600,000 Starbucks Corp. 4.500% - 15/Nov/48 654,796 0.03
200,000 State Bank of India 4.375% - 24/Jan/24 185,650 0.01
400,000 State Elite Global Limited 1.500% - 29/Sep/26 345,867 0.01
600,000 State Grid Overseas Investment Limited 4.250% - 2/May/28 600,491 0.02
300,000 State Street Corp. 2.200% - 3/Mar/31 261,623 0.01
200,000 Stryker Corp. 4.625% - 15/Mar/46 225,946 0.01
700,000 Sumitomo Mitsui Financial Group Inc. 3.364% - 12/Jul/27 660,646 0.03
400,000 Sumitomo Mitsui Financial Group Inc. 4.436% - 2/Apr/24 373,809 0.01
250,000 Suncor Energy Inc. 6.500% - 15/Jun/38 302,928 0.01
600,000 Suzano Austria GmbH 6.000% - 15/Jan/29 611,607 0.02
250,000 Swire Pacific Mtn Financing Limited 3.875% - 21/Sep/25 235,521 0.01
200,000 Synchrony Financial 4.250% - 15/Aug/24 186,402 0.01
500,000 Sysco Corp. 3.250% - 15/Jul/27 467,939 0.02
191,000 Sysco Corp. 6.600% - 1/Apr/50 261,543 0.01
300,000 Tampa Electric Company 4.300% - 15/Jun/48 325,548 0.01
600,000 Target Corp. 2.350% - 15/Feb/30 542,637 0.02
300,000 Target Corp. 2.900% - 15/Jan/22 263,983 0.01
100,000 Target Corp. 3.625% - 15/Apr/46 103,918 0.00
300,000 Teck Resources Limited 6.250% - 15/Jul/41 350,784 0.01
100,000 Telefonica Europe BV 8.250% - 15/Sep/30 124,974 0.00
500,000 Temasek Financial I Limited 1.000% - 6/Oct/30 410,605 0.02
300,000 Temasek Financial I Limited 2.750% - 2/Aug/61 268,906 0.01
500,000 Tencent Holdings Limited 2.985% - 19/Jan/23 447,577 0.02
500,000 Tencent Holdings Limited 3.240% - 3/Jun/50 414,953 0.02
200,000 Thermo Fisher Scientific Inc. 4.100% - 15/Aug/47 219,633 0.01
500,000 Time Warner Cable Inc. 4.500% - 15/Sep/42 479,353 0.02
200,000 Time Warner Entertainment Company 8.375% - 15/Jul/33 256,633 0.01
500,000 T-Mobile USA Inc. 3.750% - 15/Apr/27 476,601 0.02
1,000,000 Toronto-Dominion Bank 0.550% - 4/Mar/24 870,553 0.03
175,000 Toronto-Dominion Bank 2.000% - 10/Sep/31 151,988 0.01
100,000 TotalEnergies Capital International Limited 3.386% - 29/Jun/60 93,982 0.00
1,000,000 TotalEnergies Capital International Limited 3.750% - 10/Apr/24 933,994 0.03
500,000 Toyota Motor Corp. 0.681% - 25/Mar/24 436,485 0.02
500,000 Toyota Motor Corp. 1.339% - 25/Mar/26 438,065 0.02
500,000 Toyota Motor Credit Corp. 1.900% - 6/Apr/28 440,689 0.02
200,000 Trane Technologies Global Holding Company Limited 5.750% - 15/Jun/43 248,030 0.01
1,000,000 Transcanada Pipelines Limited 3.750% - 16/Oct/23 916,555 0.04
250,000 Transcanada Pipelines Limited 7.625% - 15/Jan/39 341,752 0.01
300,000 Transcontinental Gas Pipe Line Company LLC 7.850% - 1/Feb/26 321,913 0.01
431
(expressed in EUR)

Nominal Value

250,000 Travelers Companies Inc. 6.250% - 15/Jun/37 315,613 0.01
350,000 TWDC Enterprises 18 Corp. 3.000% - 30/Jul/46 316,032 0.01
1,000,000 Tyson Foods Inc. 3.550% - 2/Jun/27 946,572 0.03
275,000 UBS AG 0.700% - 9/Aug/24 239,138 0.01
500,000 UBS Group AG 4.253% - 23/Mar/28 486,390 0.02
300,000 UBS Group Funding Switzerland AG 4.125% - 15/Apr/26 288,271 0.01
800,000 UDR Inc. 3.000% - 15/Aug/31 733,465 0.02
500,000 Unilever Capital Corp. 3.100% - 30/Jul/25 466,885 0.02
200,000 Union Electric Company 2.625% - 15/Mar/51 169,447 0.01
200,000 Union Electric Company 5.300% - 1/Aug/37 225,312 0.01
462,000 Union Pacific Corp. 3.646% - 15/Feb/24 426,049 0.02
200,000 Union Pacific Corp. 3.799% - 1/Oct/51 206,709 0.01
150,000 Union Pacific Corp. 4.050% - 15/Nov/45 156,383 0.01
250,000 Union Pacific Corp. 4.500% - 10/Sep/48 281,302 0.01
500,000 United Parcel Service Inc. 3.625% - 1/Oct/42 506,420 0.02
500,000 Unitedhealth Group Inc. 1.150% - 15/May/26 434,928 0.02
400,000 Unitedhealth Group Inc. 2.875% - 15/Mar/22 353,114 0.01
400,000 Unitedhealth Group Inc. 3.950% - 15/Oct/42 411,253 0.02
500,000 Unitedhealth Group Inc. 4.250% - 15/Apr/47 542,170 0.02
175,000 Unitedhealth Group Inc. 4.625% - 15/Jul/35 191,707 0.01
300,000 Unum Group 4.125% - 15/Jun/51 268,912 0.01
400,000 US Bancorp 1.375% - 22/Jul/30 331,626 0.01
250,000 Valero Energy Corp. 3.650% - 15/Mar/25 233,860 0.01
500,000 Valero Energy Corp. 4.000% - 1/Apr/29 479,667 0.02
400,000 Ventas Realty 3.500% - 1/Feb/25 371,012 0.01
300,000 Verizon Communications Inc. 2.625% - 15/Aug/26 275,091 0.01
259,000 Verizon Communications Inc. 2.987% - 30/Oct/56 216,709 0.01
180,000 Verizon Communications Inc. 3.376% - 15/Feb/25 167,978 0.01
115,000 Verizon Communications Inc. 4.272% - 15/Jan/36 118,950 0.00
300,000 ViacomCBS Inc 4.600% - 15/Jan/45 315,557 0.01
500,000 ViacomCBS Inc. 5.850% - 1/Sep/43 597,197 0.03
1,000,000 Virginia Electric & Power Company 3.450% - 1/Sep/22 889,041 0.03
300,000 Virginia Electric & Power Company 4.200% - 15/May/45 314,746 0.01
600,000 Visa Inc. 3.150% - 14/Dec/25 563,483 0.02
350,000 Visa Inc. 4.300% - 14/Dec/45 388,126 0.02
432
(expressed in EUR)

Nominal Value

600,000 VMware Inc. 1.400% - 15/Aug/26 518,920 0.02
300,000 Vodafone Group plc 4.375% - 30/May/28 297,134 0.01
500,000 Vodafone Group plc 4.375% - 19/Feb/43 514,296 0.02
200,000 Voya Financial Inc. 5.700% - 15/Jul/43 240,957 0.01
500,000 Vulcan Materials Company 3.500% - 1/Jun/30 474,314 0.02
1,200,000 Walgreens Boots Alliance Inc. 3.800% - 18/Nov/24 1,125,958 0.03
83,000 Walgreens Boots Alliance Inc. 4.100% - 15/Apr/50 82,105 0.00
1,000,000 Walmart Inc. 2.950% - 24/Sep/49 948,333 0.04
500,000 Walmart Inc. 3.250% - 8/Jul/29 483,939 0.02
600,000 Walt Disney Company 2.650% - 13/Jan/31 549,275 0.02
500,000 Walt Disney Company 3.600% - 13/Jan/51 499,133 0.02
400,000 Walt Disney Company 3.700% - 15/Sep/24 373,352 0.01
500,000 Walt Disney Company 6.200% - 15/Dec/34 616,171 0.02
100,000 Waste Connections Inc. 3.050% - 1/Apr/50 87,958 0.00
500,000 Waste Management Inc. 2.900% - 15/Sep/22 444,555 0.02
125,000 Waste Management Inc. 3.900% - 1/Mar/35 123,142 0.00
400,000 WEC Energy Group Inc. 1.800% - 15/Oct/30 332,919 0.01
1,000,000 Welltower Inc. 4.500% - 15/Jan/24 931,041 0.03
500,000 Westinghouse Air Brake Technologies Corp. 3.200% - 15/Jun/25 459,323 0.02
800,000 Westlake Chemical Corp. 3.600% - 15/Aug/26 755,675 0.03
300,000 Westpac Banking Corp. 2.850% - 13/May/26 278,522 0.01
400,000 Westpac Banking Corp. 2.963% - 16/Nov/40 344,815 0.01
700,000 Westpac Banking Corp. 3.300% - 26/Feb/24 646,157 0.03
500,000 Westpac Banking Corp. 3.400% - 25/Jan/28 478,935 0.02
300,000 Whirlpool Corp. 4.600% - 15/May/50 328,304 0.01
800,000 Williams Partners LP 3.350% - 15/Aug/22 709,120 0.03
500,000 Williams Partners LP 4.000% - 15/Sep/25 474,062 0.02
400,000 Williams Partners LP 4.850% - 1/Mar/48 429,387 0.02
150,000 WW Grainger Inc. 4.600% - 15/Jun/45 168,884 0.01
800,000 Xcel Energy Inc. 2.600% - 1/Dec/29 719,309 0.03
500,000 Xlit Limited 4.450% - 31/Mar/25 477,566 0.02
350,000 Zoetis Inc. 4.500% - 13/Nov/25 339,078 0.01
324,671,430 12.74
Total Bonds 506,728,367 19.69
308,988 0.01
200,000 City of Montreal 3.150% - 1/Dec/36 148,957 0.01
200,000 City of Toronto 3.200% - 1/Aug/48 153,653 0.01
200,000 City of Toronto 3.250% - 24/Jun/46 153,886 0.01
150,000 Hydro-Quebec 4.000% - 15/Feb/55 141,005 0.01
400,000 Hydro-Quebec 5.000% - 15/Feb/50 423,773 0.02
433
(expressed in EUR)

Nominal Value
CAD Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
2,200,000 Hydro-Quebec 6.000% - 15/Aug/31 2,058,092 0.08
300,000 Labrador Island Link Funding 3.760% - 1/Jun/33 243,517 0.00
400,000 Municipal Finance Authority of British Columbia 2.150% - 1/Dec/22 281,982 0.01
1,000,000 Province of Alberta 2.200% - 1/Jun/26 715,133 0.03
200,000 Province of Alberta 3.050% - 1/Dec/48 152,490 0.01
250,000 Province of British Columbia Canada 2.750% - 18/Jun/52 188,104 0.01
250,000 Province of Manitoba 2.850% - 5/Sep/46 183,377 0.01
1,000,000 Province of Manitoba 3.000% - 2/Jun/28 747,719 0.03
350,000 Province of Manitoba 4.050% - 5/Sep/45 308,418 0.01
250,000 Province of Manitoba 5.700% - 5/Mar/37 246,150 0.01
500,000 Province of New Brunswick 3.100% - 14/Aug/28 375,524 0.01
250,000 Province of New Brunswick 3.800% - 14/Aug/45 211,423 0.01
150,000 Province of New Brunswick 4.800% - 26/Sep/39 138,484 0.01
500,000 Province of Newfoundland and Labrador 1.750% - 2/Jun/30 338,355 0.01
300,000 Province of Newfoundland and Labrador 3.000% - 2/Jun/26 221,089 0.01
250,000 Province of Newfoundland and Labrador 3.300% - 17/Oct/46 189,192 0.01
250,000 Province of Nova Scotia 4.400% - 1/Jun/42 225,470 0.01
300,000 Province of Nova Scotia 4.500% - 1/Jun/37 264,399 0.01
700,000 Province of Ontario 1.900% - 2/Dec/51 430,616 0.02
590,000 Province of Ontario 2.650% - 2/Dec/50 427,296 0.02
1,100,000 Province of Ontario 2.900% - 2/Dec/46 824,538 0.04
540,000 Province of Saskatchewan 3.100% - 2/Jun/50 419,663 0.02
16,651,915 0.70
55,500,000 Agricultural Development Bank of China 2.200% - 1/Apr/23 7,655,633 0.30
18,000,000 Agricultural Development Bank of China 3.350% - 24/Mar/26 2,543,521 0.10
70,000,000 Agricultural Development Bank of China 3.630% - 19/Jul/26 10,013,289 0.39
434
(expressed in EUR)

Nominal Value
CNH Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
10,000,000 Agricultural Development Bank of China 3.740% - 12/Jul/29 1,443,374 0.06
128,500,000 China (Govt of ) 1.990% - 9/Apr/25 17,501,184 0.69
180,000,000 China (Govt of ) 2.360% - 2/Jul/23 24,912,381 0.98
76,500,000 China (Govt of ) 2.680% - 21/May/30 10,518,628 0.41
144,100,000 China (Govt of ) 2.850% - 4/Jun/27 20,128,359 0.79
70,000,000 China (Govt of ) 3.290% - 23/May/29 10,015,623 0.39
86,400,000 China (Govt of ) 3.390% - 16/Mar/50 11,935,874 0.46
12,010,000 China (Govt of ) 3.730% - 25/May/70 1,803,684 0.07
11,990,000 China (Govt of ) 3.760% - 22/Mar/71 1,794,923 0.07
7,000,000 China (Govt of ) 3.810% - 14/Sep/50 1,040,213 0.04
50,000,000 China (Govt of ) 3.860% - 22/Jul/49 7,493,876 0.29
13,000,000 China Development Bank 1.860% - 9/Apr/23 1,786,988 0.07
6,000,000 China Development Bank 3.070% - 10/Mar/30 827,744 0.03
25,000,000 China Development Bank 3.390% - 10/Jul/27 3,540,219 0.14
25,000,000 China Development Bank 3.420% - 2/Jul/24 3,533,205 0.14
60,000,000 China Development Bank 3.680% - 26/Feb/26 8,604,227 0.33
32,000,000 China Development Bank 3.700% - 20/Oct/30 4,619,313 0.18
40,000,000 China Development Bank 4.880% - 9/Feb/28 6,136,018 0.24
30,000,000 Export-Import Bank of China 2.170% - 7/Apr/23 4,134,016 0.16
50,000,000 Export-Import Bank of China 2.930% - 2/Mar/25 6,968,948 0.27
7,000,000 Export-Import Bank of China 3.230% - 23/Mar/30 976,525 0.04
27,500,000 Export-Import Bank of China 3.430% - 23/Oct/25 3,895,717 0.15
10,000,000 Export-Import Bank of China 3.740% - 16/Nov/30 1,447,851 0.06
30,000,000 Export-Import Bank of China 3.860% - 20/May/29 4,365,368 0.17
211,393,015 8.24
3,000,000 Malaysia (Govt of ) 3.465% - 15/Oct/30 626,029 0.02
2,500,000 Malaysia (Govt of ) 3.844% - 15/Apr/33 527,825 0.02
1,500,000 Malaysia (Govt of ) 4.065% - 15/Jun/50 310,207 0.01
2,500,000 Malaysia (Govt of ) 4.232% - 30/Jun/31 551,684 0.02
5,000,000 Malaysia (Govt of ) 4.258% - 26/Jul/27 1,101,503 0.04
6,000,000 Malaysia (Govt of ) 4.444% - 22/May/24 1,314,948 0.05
3,760,000 Malaysia (Govt of ) 4.467% - 15/Sep/39 819,738 0.03
8,563,697 0.32
1,000,000 Romania (Govt of ) 4.150% - 26/Jan/28 194,776 0.01
194,776 0.01
60,000,000 Russia (Govt of ) 4.500% - 16/Jul/25 623,529 0.02
50,000,000 Russia (Govt of ) 6.000% - 6/Oct/27 525,094 0.02
50,000,000 Russia (Govt of ) 7.250% - 10/May/34 542,124 0.02
100,000,000 Russia (Govt of ) 7.650% - 10/Apr/30 1,131,063 0.04
435
(expressed in EUR)

Nominal Value
RUB Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
55,000,000 Russia (Govt of ) 7.750% - 16/Sep/26 631,494 0.02
3,988,734 0.14
52,000,000 Thailand (Govt of ) 2.000% - 17/Dec/31 1,383,918 0.05
7,667,229 0.29
300,000 American Municipal Power Inc. 5.939% - 15/Feb/47 399,146 0.02
500,000 Bay Area Toll Authority 6.263% - 1/Apr/49 720,643 0.03
200,000 Board of Regents of the University of Texas System 3.354% - 15/Aug/47 205,040 0.01
1,000,000 Fannie Mae 0.375% - 25/Aug/25 857,250 0.03
1,000,000 Fannie Mae 0.500% - 7/Nov/25 858,761 0.03
500,000 Fannie Mae 0.875% - 5/Aug/30 414,158 0.02
1,000,000 Federal Home Loan Banks 2.500% - 13/Feb/24 911,251 0.04
1,000,000 Freddie Mac 0.375% - 23/Sep/25 855,466 0.03
300,000 Metropolitan Transportation Authority Inc. 6.668% - 15/Nov/39 376,723 0.01
387,000 Municipal Electric Authority of Georgia 6.655% - 1/Apr/57 527,561 0.02
400,000 New Jersey State Turnpike Authority 7.414% - 1/Jan/40 572,399 0.02
200,000 New York State Dormitory Authority 2.202% - 15/Mar/34 171,192 0.01
100,000 Permanent University Fund - Texas A&M University System 3.660% - 1/Jul/47 95,167 0.00
100,000 Permanent University Fund - University of Texas System 3.376% - 1/Jul/47 100,999 0.00
600,000 Port Authority of New York New Jersey 4.926% - 1/Oct/51 731,967 0.02
500,000 Regents of the University of California Medical Center Pooled Revenue 6.548% - 15/May/48 679,318 0.03
400,000 State of California 3.500% - 1/Apr/28 386,212 0.01
600,000 State of California P.P. 144A 7.550% - 1/Apr/39 882,815 0.03
750,000 State of Illinois 5.100% - 1/Jun/33 762,339 0.03
400,000 Texas Transportation Commission 2.472% - 1/Oct/44 347,467 0.01
200,000 University of Southern California 3.028% - 1/Oct/39 186,646 0.01
11,042,520 0.41
CAD Bonds
100,000 Bell Telephone Company 3.500% - 30/Sep/50 67,111 0.00
500,000 Hydro One Inc. 2.970% - 26/Jun/25 363,166 0.01
430,277 0.01
CNH Bonds
8,000,000 Agricultural Development Bank of China 3.300% - 5/Nov/31 1,121,940 0.04
20,000,000 Agricultural Development Bank of China 3.520% - 24/May/31 2,850,458 0.11
30,000,000 China Development Bank 2.890% - 22/Jun/25 4,182,893 0.17
7,000,000 China Development Bank 3.090% - 18/Jun/30 966,442 0.04
9,121,733 0.36
436
(expressed in EUR)

Nominal Value
USD Bonds
400,000 AbbVie Inc. 3.450% - 15/Mar/22 353,409 0.01
400,000 AbbVie Inc. 4.550% - 15/Mar/35 421,975 0.02
500,000 AES Panama Generation Holdings SRL 4.375% - 31/May/30 461,396 0.02
100,000 AT&T Inc. 4.650% - 1/Jun/44 104,010 0.00
100,000 AT&T Inc. 4.850% - 15/Jul/45 105,412 0.00
1,500,000 Australia & New Zealand Banking Group Limited 2.625% - 9/Nov/22 1,339,525 0.04
500,000 Bank of Montreal FRN - 22/Jan/27 426,449 0.02
800,000 Berry Global Inc. 1.650% - 15/Jan/27 688,244 0.02
500,000 Bristol-Myers Squibb Company 4.550% - 20/Feb/48 563,527 0.02
400,000 Broadcom Inc. 3.750% - 15/Feb/51 368,988 0.01
1,052,000 Broadcom Inc. 4.110% - 15/Sep/28 1,018,650 0.04
700,000 Canadian National Railway Company 2.950% - 21/Nov/24 643,902 0.03
1,000,000 Carrier Global Corp. 2.722% - 15/Feb/30 900,057 0.04
600,000 Cheniere Corpus Christi Holdings LLC 3.700% - 15/Nov/29 565,285 0.02
500,000 Cigna Corp. 3.250% - 15/Apr/25 464,032 0.02
250,000 Cigna Corp. 4.800% - 15/Jul/46 277,861 0.01
1,399,000 Comcast Corp. 2.887% - 1/Nov/51 1,192,594 0.05
504,000 Comcast Corp. 2.937% - 1/Nov/56 424,579 0.02
500,000 Commonwealth Edison Company 3.700% - 1/Mar/45 491,565 0.02
500,000 Conocophillips 2.400% - 15/Feb/31 443,262 0.02
344,000 Discovery Communications LLC 4.000% - 15/Sep/55 320,298 0.01
150,000 Exelon Generation Company LLC 5.750% - 1/Oct/41 157,877 0.01
400,000 Fifth Third Bancorp 4.300% - 16/Jan/24 371,939 0.01
300,000 Fox Corp. 5.576% - 25/Jan/49 360,453 0.01
500,000 GLP Capital LP 4.000% - 15/Jan/31 470,243 0.02
300,000 Kaiser Foundation Hospitals 3.002% - 1/Jun/51 271,976 0.01
200,000 Manulife Financial Corp. FRN - 24/Feb/32 189,404 0.01
250,000 Massachusetts Institute of Technology 3.885% - 1/Jul/16 278,325 0.01
500,000 Northern States Power Company 5.350% - 1/Nov/39 601,080 0.02
200,000 Oglethorpe Power Corp. 5.250% - 1/Sep/50 227,571 0.01
200,000 Oncor Electric Delivery Company LLC 5.250% - 30/Sep/40 234,739 0.01
800,000 Otis Worldwide Corp. 2.565% - 15/Feb/30 714,321 0.02
300,000 Peco Energy Company 2.800% - 15/Jun/50 261,094 0.01
500,000 Plains All American Pipeline LP 5.150% - 1/Jun/42 485,328 0.02
500,000 Principal Financial Group Inc. 3.300% - 15/Sep/22 447,766 0.02
200,000 Puget Sound Energy Inc. 5.795% - 15/Mar/40 241,439 0.01
500,000 Southwestern Electric Power Company 6.200% - 15/Mar/40 613,102 0.02
100,000 Southwestern Public Service Company 3.150% - 1/May/50 92,180 0.00
500,000 Truist Bank 2.250% - 11/Mar/30 438,598 0.02
1,000,000 Truist Financial Corp. FRN - 2/Mar/27 863,290 0.03
250,000 Union Pacific Corp. 3.799% - 6/Apr/71 255,626 0.01
400,000 Viatris Inc. 4.000% - 22/Jun/50 375,887 0.01
500,000 WRKCo Inc. 4.000% - 15/Mar/28 485,554 0.02
21,170,253 0.80
437
(expressed in EUR)

Nominal Value
Total Bonds 30,722,263 1.17


800,000 PSP Capital Inc. 0.900% - 15/Jun/26 541,636 0.02
200,000 Toronto-Dominion Bank FRN - 25/Jul/29 143,804 0.01
685,440 0.03
Total Supranationals, Governments and Local Public Authorities, Debt Instruments 685,440 0.03
CAD Bonds
500,000 407 International Inc. 2.590% - 25/May/32 351,567 0.01
300,000 Aeroports de Montreal 3.441% - 26/Apr/51 225,805 0.01
500,000 Algonquin Power Company 2.850% - 15/Jul/31 351,460 0.01
300,000 Alimentation Couche-Tard Inc. 3.056% - 26/Jul/24 215,223 0.01
500,000 Allied Properties Real Estate Investment Trust 3.131% - 15/May/28 357,087 0.01
500,000 AltaLink LP 3.990% - 30/Jun/42 404,205 0.02
1,000,000 Bank of Montreal 3.190% - 1/Mar/28 745,532 0.03
1,000,000 Bank of Nova Scotia 2.290% - 28/Jun/24 710,149 0.03
500,000 Bank of Nova Scotia 2.620% - 2/Dec/26 361,347 0.01
500,000 BCI Quadreal Realty 1.073% - 4/Feb/26 337,813 0.01
400,000 Bell Telephone Company 2.900% - 12/Aug/26 287,880 0.01
500,000 Bell Telephone Company 2.900% - 10/Sep/29 356,269 0.01
300,000 Canadian Imperial Bank of Commerce FRN - 21/Apr/31 206,141 0.01
1,000,000 Canadian Imperial Bank of Commerce 2.470% - 5/Dec/22 706,144 0.03
150,000 Canadian National Railway Company 3.600% - 8/Feb/49 113,660 0.00
1,000,000 Canadian Natural Resources Limited 3.420% - 1/Dec/26 728,452 0.02
500,000 Choice Properties Real Estate Investment Trust 4.178% - 8/Mar/28 380,195 0.01
300,000 CU Inc. 2.963% - 7/Sep/49 207,045 0.01
200,000 CU Inc. 4.722% - 9/Sep/43 176,076 0.01
600,000 Enbridge Gas Inc. 2.900% - 1/Apr/30 436,750 0.02
1,000,000 Fairfax Financial Holdings Limited 4.250% - 6/Dec/27 747,093 0.02
1,000,000 Fortis Inc. 2.850% - 12/Dec/23 713,339 0.03
0* Greater Toronto 6.450% - 30/Jul/29 0 0.00
500,000 Greater Toronto Airports Authority 3.260% - 1/Jun/37 367,643 0.01
250,000 Hydro One Inc. 5.360% - 20/May/36 226,858 0.01
300,000 Intact Financial Corp. 2.954% - 16/Dec/50 196,670 0.01
500,000 Inter Pipeline Limited 4.637% - 30/May/44 348,515 0.01
500,000 Loblaw Cos Limited 2.284% - 7/May/30 342,718 0.01
300,000 North West Redwater Partnership 3.700% - 23/Feb/43 216,393 0.01
500,000 Ontario Power Generation Inc. 3.215% - 8/Apr/30 370,550 0.01
400,000 Pembina Pipeline Corp. 3.620% - 3/Apr/29 293,252 0.01
800,000 Royal Bank of Canada 1.936% - 1/May/25 559,048 0.02
400,000 Royal Bank of Canada FRN - 3/Nov/31 276,131 0.01
300,000 Saputo Inc. 2.297% - 22/Jun/28 206,495 0.01
350,000 Sun Life Financial Inc. FRN - 10/May/32 248,499 0.01
500,000 Suncor Energy Inc. 5.000% - 9/Apr/30 402,807 0.02
*
438
(expressed in EUR)

Nominal Value
CAD Bonds (continued)

500,000 Telus Corp. 2.350% - 27/Jan/28 347,684 0.01
400,000 Toronto-Dominion Bank FRN - 22/Apr/30 287,595 0.01
300,000 Transcanada Pipelines Limited 4.330% - 16/Sep/47 222,984 0.01
1,000,000 United Parcel Service Inc. 2.125% - 21/May/24 705,300 0.03
14,738,374 0.54
USD Bonds
500,000 7-Eleven Inc. 1.800% - 10/Feb/31 417,327 0.02
200,000 AIA Group Limited 4.500% - 16/Mar/46 220,999 0.01
300,000 Alimentation Couche-Tard Inc. 3.550% - 26/Jul/27 282,473 0.01
300,000 Alliant Energy Finance LLC 4.250% - 15/Jun/28 293,254 0.01
500,000 Athene Global Funding 2.500% - 24/Mar/28 442,794 0.02
200,000 Australia & New Zealand Banking Group Limited 4.400% - 19/May/26 192,716 0.01
250,000 Australia & New Zealand Banking Group Limited 4.500% - 19/Mar/24 234,352 0.01
500,000 Aviation Capital Group LLC 1.950% - 30/Jan/26 430,350 0.02
500,000 Avolon Holdings Funding Limited 3.950% - 1/Jul/24 460,411 0.02
350,000 Bayer US Finance II LLC 3.375% - 15/Jul/24 320,627 0.01
150,000 Bayer US Finance II LLC 4.400% - 15/Jul/44 150,922 0.01
100,000 Blackstone Holdings Finance Company LLC 5.000% - 15/Jun/44 115,172 0.00
500,000 BMW US Capital LLC 2.800% - 11/Apr/26 460,549 0.02
500,000 BNP Paribas 4.375% - 28/Sep/25 476,798 0.02
1,000,000 BNP Paribas 4.625% - 13/Mar/27 975,105 0.04
500,000 BNP Paribas SA FRN - 30/Jun/27 432,760 0.02
300,000 BNP Paribas SA 4.400% - 14/Aug/28 296,409 0.01
250,000 BPCE SA FRN - 20/Jan/32 212,195 0.01
350,000 BPCE SA 3.500% - 23/Oct/27 325,944 0.01
300,000 BPCE SA 5.700% - 22/Oct/23 283,746 0.01
600,000 Cargill Inc. 2.125% - 23/Apr/30 523,134 0.02
150,000 Carlyle Holdings II Finance LLC 5.625% - 30/Mar/43 173,040 0.01
600,000 CDP Financial 3.150% - 24/Jul/24 556,174 0.02
500,000 Colonial Enterprises Inc. 3.250% - 15/May/30 464,437 0.02
1,500,000 Commonwealth Bank of Australia 2.500% - 18/Sep/22 1,337,802 0.05
175,000 Commonwealth Bank of Australia 2.850% - 18/May/26 162,667 0.01
400,000 Commonwealth Bank of Australia 3.305% - 11/Mar/41 356,543 0.01
400,000 Commonwealth Bank of Australia 3.900% - 12/Jul/47 426,940 0.02
500,000 Cooperatieve Rabobank UA FRN - 24/Jun/26 434,678 0.02
500,000 Cox Companymunications Inc. 4.800% - 1/Feb/35 521,969 0.02
200,000 CRH America Inc. 3.875% - 18/May/25 188,186 0.01
500,000 Daimler Finance North America LLC 3.100% - 15/Aug/29 465,806 0.02
1,000,000 Delta Air Lines Inc. 4.750% - 20/Oct/28 962,408 0.04
750,000 Deutsche Telekom 3.600% - 19/Jan/27 707,972 0.03
400,000 DNB Bank ASA FRN - 30/Sep/25 347,221 0.01
350,000 E.ON International Finance BV 6.650% - 30/Apr/38 439,221 0.02
100,000 East Ohio Gas Company 3.000% - 15/Jun/50 86,941 0.00
439
(expressed in EUR)

Nominal Value

500,000 Electricite de France SA 4.875% - 22/Jan/44 544,778 0.02
400,000 Emd Finance LLC 2.950% - 19/Mar/22 353,287 0.01
200,000 Enel Finance International NV 4.750% - 25/May/47 215,967 0.01
500,000 ERAC USA Finance LLC P.P. 144A 3.800% - 1/Nov/25 473,549 0.01
900,000 Georgia-Pacific LLC P.P. 144A 3.600% - 1/Mar/25 839,813 0.03
500,000 Glencore Funding LLC 3.875% - 27/Oct/27 473,463 0.02
600,000 Hyundai Capital America 1.300% - 8/Jan/26 513,448 0.02
800,000 International Flavors & Fragrances Inc. 2.300% - 1/Nov/30 690,964 0.03
1,000,000 Keyspan Gas East Corp. 2.742% - 15/Aug/26 899,974 0.03
150,000 KKR Group Finance Company III LLC 5.125% - 1/Jun/44 169,872 0.01
250,000 Liberty Mutual Group Inc. 3.951% - 15/Oct/50 245,166 0.01
200,000 Macquarie Bank Limited 3.624% - 3/Jun/30 183,247 0.01
500,000 Macquarie Group Limited FRN - 12/Jan/27 428,389 0.02
400,000 Macquarie Group Limited FRN - 23/Jun/32 351,338 0.01
300,000 Mars Inc. 3.950% - 1/Apr/49 317,091 0.01
74,000 Massachusetts Mutual Life Insurance Company 3.729% - 15/Oct/70 72,163 0.00
500,000 Massmutual Global Funding II 1.200% - 16/Jul/26 430,817 0.02
500,000 Metropolitan Life Global Funding 3.450% - 18/Dec/26 474,516 0.02
200,000 Mileage Plus Holdings LLC 6.500% - 20/Jun/27 188,399 0.01
500,000 Mylan Inc. P.P. 144A 3.125% - 15/Jan/23 448,920 0.02
250,000 Nationwide Mutual Insurance Company 9.375% - 15/Aug/39 378,788 0.01
500,000 Nestle Holdings Inc. 1.250% - 15/Sep/30 415,609 0.02
500,000 New York Life Global Funding 0.950% - 24/Jun/25 434,091 0.02
150,000 New York Life Insurance Company P.P. 144A 6.750% - 15/Nov/39 198,889 0.01
200,000 Niagara Mohawk Power Corp. 4.119% - 28/Nov/42 199,036 0.01
284,000 Northwestern Mutual Life Insurance Company 3.625% - 30/Sep/59 275,951 0.01
500,000 NXP BV 3.400% - 1/May/30 469,790 0.02
500,000 Pacific Life Global Funding II 1.375% - 14/Apr/26 437,402 0.02
300,000 Pacific Life Insurance FRN - 24/Oct/67 306,852 0.01
400,000 Pine Street Trust I 4.572% - 15/Feb/29 397,288 0.02
300,000 Principal Life Global Funding II 1.625% - 19/Nov/30 250,466 0.01
500,000 Protective Life Global Funding 0.781% - 5/Jul/24 434,002 0.02
300,000 Protective Life Global Funding 1.900% - 6/Jul/28 258,402 0.01
400,000 Scentre Group Trust 1 3.500% - 12/Feb/25 370,593 0.01
400,000 Scentre Group Trust 2 FRN - 24/Sep/80 368,487 0.01
1,000,000 Siemens Financieringsmaatschappij NV 3.400% - 16/Mar/27 949,305 0.04
500,000 Siemens Financieringsmaatschappij NV 4.400% - 27/May/45 554,405 0.02
300,000 Teachers Insurance & Annuity Association of America 4.270% - 15/May/47 316,737 0.01
22,000 Teachers Insurance & Annuity Association of America P.P. 144A 6.850% - 16/Dec/39 28,846 0.00
750,000 Trans-Allegheny Interstate Line Company P.P. 144A 3.850% - 1/Jun/25 699,228 0.03
440
(expressed in EUR)

Nominal Value

300,000 Woodside Finance Limited 4.500% - 4/Mar/29 295,074 0.01
35,460,144 1.42
Total Bonds 50,198,518 1.96
Total Net Assets 2,574,850,278 100.00
441
Sector % NAV
Governments 73.50
Banks 5.66
Insurance 1.06
Transportation 0.68
Software 0.57
Real estate 0.49
Retail 0.47
Beverages 0.45
Pipelines 0.44
Food 0.38
Chemicals 0.37
Semiconductors 0.28
Machinery 0.26
Tobacco 0.25
Medical 0.25
Media 0.19
Biotechnology 0.13
Municipal 0.13
Gas 0.11
Restaurants 0.11
Airlines 0.07
Industrials 0.05
442
Sector % NAV
Materials and Commodities 0.04
Food services 0.04
Consumer goods 0.04
Lodging 0.02
Agriculture 0.02
Advertising 0.02
Apparel 0.02
Open-ended Funds 0.02
Telephone 0.01
Iron and steel 0.01
443
(expressed in EUR)

Nominal Value
BRL Supranationals, Governments and Local Public Authorities, Debt Instruments
40,162 Brazil (Govt of ) 0.000% - 1/Jul/23 5,383,120 1.96
40,150 Brazil (Govt of ) 0.000% - 1/Jan/24 5,139,377 1.88
2,000 Brazil (Govt of ) 0.000% - 1/Jul/24 244,282 0.09
6,463 Brazil (Govt of ) 10.000% - 1/Jan/31 977,769 0.36
21,483,019 7.84
CLP Supranationals, Governments and Local Public Authorities, Debt Instruments
250,000,000 Chile (Govt of ) 2.300% - 1/Oct/28 212,119 0.08
200,000,000 Chile (Govt of ) 4.700% - 1/Sep/30 193,943 0.07
1,625,000,000 Chile (Govt of ) 5.000% - 1/Mar/35 1,576,319 0.58
555,000,000 Chile (Govt of ) 6.000% - 1/Jan/43 578,661 0.21
2,561,042 0.94
11,642,200,000 Colombia (Govt of ) 5.750% - 3/Nov/27 2,276,258 0.83
7,694,900,000 Colombia (Govt of ) 6.000% - 28/Apr/28 1,506,172 0.55
3,000,000,000 Colombia (Govt of ) 6.250% - 9/Jul/36 534,277 0.19
6,210,800,000 Colombia (Govt of ) 7.000% - 30/Jun/32 1,225,141 0.45
5,269,900,000 Colombia (Govt of ) 7.250% - 18/Oct/34 1,043,112 0.38
3,168,300,000 Colombia (Govt of ) 7.500% - 26/Aug/26 680,958 0.25
5,787,500,000 Colombia (Govt of ) 7.750% - 18/Sep/30 1,220,233 0.45
7,550,000,000 Colombia (Govt of ) 10.000% - 24/Jul/24 1,751,479 0.64
10,973,011 4.01
9,510,000 Czech Republic (Govt of ) 0.000% - 12/Dec/24 347,606 0.13
25,000,000 Czech Republic (Govt of ) 0.950% - 15/May/30 862,282 0.31
39,800,000 Czech Republic (Govt of ) 1.000% - 26/Jun/26 1,451,152 0.53
33,480,000 Czech Republic (Govt of ) 1.200% - 13/Mar/31 1,161,369 0.42
11,000,000 Czech Republic (Govt of ) 1.500% - 24/Apr/40 361,777 0.13
25,470,000 Czech Republic (Govt of ) 2.000% - 13/Oct/33 940,349 0.34
28,160,000 Czech Republic (Govt of ) 2.400% - 17/Sep/25 1,097,230 0.40
26,100,000 Czech Republic (Govt of ) 2.500% - 25/Aug/28 1,013,028 0.37
26,200,000 Czech Republic (Govt of ) 2.750% - 23/Jul/29 1,031,610 0.38
11,754,221 4.28
444
(expressed in EUR)

Nominal Value
DOP Supranationals, Governments and Local Public Authorities, Debt Instruments

24,500,000 Dominican Republic (Govt of ) 9.750% - 5/Jun/26 417,232 0.15
417,232 0.15
323,030,000 Hungary (Govt of ) 1.000% - 26/Nov/25 779,393 0.28
300,000,000 Hungary (Govt of ) 1.500% - 22/Apr/26 725,708 0.26
795,240,000 Hungary (Govt of ) 2.500% - 24/Oct/24 2,064,354 0.75
300,000,000 Hungary (Govt of ) 2.750% - 22/Dec/26 756,554 0.28
402,560,000 Hungary (Govt of ) 6.000% - 24/Nov/23 1,129,627 0.41
6,580,684 2.39
18,498,000,000 Indonesia (Govt of ) 7.500% - 15/Aug/32 1,215,680 0.44
959,000,000 Indonesia (Govt of ) 7.500% - 15/May/38 62,507 0.02
60,576,000,000 Indonesia (Govt of ) 8.375% - 15/Mar/34 4,198,854 1.53
7,409,000,000 Indonesia (Govt of ) 8.750% - 15/May/31 526,830 0.19
30,969,000,000 Indonesia (Govt of ) 9.500% - 15/Jul/31 2,309,897 0.84
22,944,904 8.36
650,000 Mexico (Govt of ) 5.750% - 5/Mar/26 2,635,643 0.96
490,650 Mexico (Govt of ) 7.750% - 13/Nov/42 2,055,014 0.75
300,000 Mexico (Govt of ) 8.000% - 5/Sep/24 1,312,181 0.48
27,080,392 9.89
1,538,000 Peru (Govt of ) 5.350% - 12/Aug/40 289,339 0.11
2,362,000 Peru (Govt of ) 5.940% - 12/Feb/29 534,079 0.19
2,703,000 Peru (Govt of ) 6.150% - 12/Aug/32 599,702 0.22
2,439,000 Peru (Govt of ) 6.950% - 12/Aug/31 577,905 0.21
2,001,025 0.73
445
(expressed in EUR)

Nominal Value

4,426,000 Poland (Govt of ) 0.250% - 25/Oct/26 812,244 0.30
4,500,000 Poland (Govt of ) 2.250% - 25/Oct/24 947,666 0.35
5,898,000 Poland (Govt of ) 2.500% - 25/Apr/24 1,258,321 0.46
9,539,435 3.49
7,705,000 Romania (Govt of ) 3.250% - 29/Apr/24 1,517,121 0.55
2,300,000 Romania (Govt of ) 3.650% - 24/Sep/31 413,207 0.15
4,000,000 Romania (Govt of ) 4.250% - 28/Jun/23 807,526 0.29
7,000,000 Romania (Govt of ) 4.400% - 25/Sep/23 1,415,221 0.52
3,000,000 Romania (Govt of ) 4.750% - 24/Feb/25 609,094 0.22
1,965,000 Romania (Govt of ) 4.850% - 22/Apr/26 398,477 0.15
4,850,000 Romania (Govt of ) 5.800% - 26/Jul/27 1,025,481 0.37
7,692,596 2.80
RSD Supranationals, Governments and Local Public Authorities, Debt Instruments
33,000,000 Serbia (Govt of ) 4.500% - 11/Jan/26 290,702 0.11
290,702 0.11
90,000,000 Russia (Govt of ) 7.000% - 25/Jan/23 1,044,071 0.38
233,861,000 Russia (Govt of ) 7.700% - 23/Mar/33 2,635,821 0.96
6,247,541 2.28
1,322,238 0.48
TRY Supranationals, Governments and Local Public Authorities, Debt Instruments
9,000,000 Turkey (Govt of ) 10.400% - 20/Mar/24 468,127 0.17
4,383,452 Turkey (Govt of ) 10.600% - 11/Feb/26 191,334 0.07
7,000,000 Turkey (Govt of ) 12.600% - 1/Oct/25 339,530 0.12
998,991 0.36
UYU Supranationals, Governments and Local Public Authorities, Debt Instruments
10,000,000 Uruguay (Govt of ) 8.500% - 15/Mar/28 195,987 0.07
195,987 0.07
ZAR Supranationals, Governments and Local Public Authorities, Debt Instruments
20,553,000 South Africa (Govt of ) 6.500% - 28/Feb/41 755,438 0.28
22,339,001 South Africa (Govt of ) 7.000% - 28/Feb/31 1,037,159 0.38
171,660,460 South Africa (Govt of ) 8.000% - 31/Jan/30 8,715,148 3.17
32,148,064 South Africa (Govt of ) 8.250% - 31/Mar/32 1,595,570 0.58
446
(expressed in EUR)

Nominal Value
ZAR Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
131,307,039 South Africa (Govt of ) 10.500% - 21/Dec/26 8,005,500 2.92
30,404,549 11.08
126,540,000 China (Govt of ) 1.990% - 9/Apr/25 17,234,240 6.28
15,850,000 China (Govt of ) 2.680% - 21/May/30 2,179,350 0.80
41,500,000 China (Govt of ) 2.850% - 4/Jun/27 5,796,855 2.11
6,810,000 China (Govt of ) 3.020% - 22/Oct/25 958,520 0.35
38,630,000 China (Govt of ) 3.030% - 11/Mar/26 5,442,826 1.99
38,500,000 China (Govt of ) 3.280% - 3/Dec/27 5,487,814 2.00
7,300,000 China (Govt of ) 3.810% - 14/Sep/50 1,084,794 0.40
38,184,399 13.93
12,610,000 Malaysia (Govt of ) 3.480% - 15/Mar/23 2,702,513 0.99
20,752,000 Malaysia (Govt of ) 3.733% - 15/Jun/28 4,466,756 1.63
3,110,000 Malaysia (Govt of ) 3.828% - 5/Jul/34 649,654 0.24
9,693,000 Malaysia (Govt of ) 3.899% - 16/Nov/27 2,112,478 0.77
23,342,561 8.53
4,000,000 Peru (Govt of ) 5.700% - 12/Aug/24 911,228 0.33
3,750,000 Peru (Govt of ) 6.350% - 12/Aug/28 871,015 0.32
5,600,000 Peru (Govt of ) 6.900% - 12/Aug/37 1,257,791 0.46
4,310,000 Peru (Govt of ) 8.200% - 12/Aug/26 1,083,104 0.40
4,123,138 1.51
243,470 0.09
135,000,000 Russia (Govt of ) 6.000% - 6/Oct/27 1,417,754 0.52
117,104,000 Russia (Govt of ) 6.100% - 18/Jul/35 1,135,709 0.41
191,569,000 Russia (Govt of ) 7.250% - 10/May/34 2,077,083 0.76
63,000,000 Russia (Govt of ) 7.400% - 7/Dec/22 734,874 0.27
447
(expressed in EUR)

Nominal Value
RUB Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
260,000,000 Russia (Govt of ) 7.400% - 17/Jul/24 2,988,314 1.09
97,000,000 Russia (Govt of ) 7.650% - 10/Apr/30 1,097,131 0.40
14,115,000 Russia (Govt of ) 7.700% - 16/Mar/39 157,134 0.06
15,708,919 5.73
18,290,627 6.68
448
Sector % NAV
Governments 95.73
449
(expressed in EUR)

Nominal Value
BRL Supranationals, Governments and Local Public Authorities, Debt Instruments
22,999,578 8.55
CLP Supranationals, Governments and Local Public Authorities, Debt Instruments
470,000,000 Chile (Govt of ) 2.300% - 1/Oct/28 398,784 0.15
400,000,000 Chile (Govt of ) 2.500% - 1/Mar/25 374,043 0.14
725,000,000 Chile (Govt of ) 4.000% - 1/Mar/23 735,468 0.27
1,170,000,000 Chile (Govt of ) 4.500% - 1/Mar/26 1,164,028 0.43
425,000,000 Chile (Govt of ) 4.700% - 1/Sep/30 412,129 0.15
1,375,000,000 Chile (Govt of ) 5.000% - 1/Mar/35 1,333,808 0.50
675,000,000 Chile (Govt of ) 6.000% - 1/Jan/43 703,777 0.26
5,122,037 1.90
3,663,000,000 Colombia (Govt of ) 4.375% - 21/Mar/23 785,971 0.29
11,377,200,000 Colombia (Govt of ) 6.000% - 28/Apr/28 2,226,932 0.83
903,800,000 Colombia (Govt of ) 6.250% - 9/Jul/36 160,960 0.06
6,507,900,000 Colombia (Govt of ) 7.000% - 30/Jun/32 1,283,747 0.48
6,727,900,000 Colombia (Govt of ) 7.500% - 26/Aug/26 1,446,017 0.54
6,238,800,000 Colombia (Govt of ) 7.750% - 18/Sep/30 1,315,385 0.49
2,550,000,000 Colombia (Govt of ) 9.850% - 28/Jun/27 625,199 0.23
3,464,900,000 Colombia (Govt of ) 10.000% - 24/Jul/24 803,801 0.30
10,584,686 3.93
56,190,000 Czech Republic (Govt of ) 0.250% - 10/Feb/27 1,954,533 0.73
34,880,000 Czech Republic (Govt of ) 0.450% - 25/Oct/23 1,329,712 0.49
10,790,000 Czech Republic (Govt of ) 1.500% - 24/Apr/40 354,871 0.13
47,520,000 Czech Republic (Govt of ) 2.000% - 13/Oct/33 1,754,432 0.65
21,850,000 Czech Republic (Govt of ) 4.200% - 4/Dec/36 1,037,159 0.39
450
(expressed in EUR)

Nominal Value
CZK Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
12,379,634 4.61
DOP Supranationals, Governments and Local Public Authorities, Debt Instruments
18,800,000 Dominican Republic (Govt of ) 8.900% - 15/Feb/23 298,994 0.11
15,450,000 Dominican Republic (Govt of ) 9.750% - 5/Jun/26 263,111 0.10
562,105 0.21
97,300,000 Hungary (Govt of ) 2.000% - 23/May/29 223,221 0.08
420,720,000 Hungary (Govt of ) 2.750% - 22/Dec/26 1,060,992 0.39
494,490,000 Hungary (Govt of ) 3.000% - 26/Jun/24 1,306,388 0.49
811,240,000 Hungary (Govt of ) 3.000% - 27/Oct/27 2,044,228 0.76
331,950,000 Hungary (Govt of ) 5.500% - 24/Jun/25 937,468 0.35
338,720,000 Hungary (Govt of ) 6.000% - 24/Nov/23 950,485 0.35
9,113,910 3.38
1,396,000,000 Indonesia (Govt of ) 5.500% - 15/Apr/26 87,301 0.03
248,000,000 Indonesia (Govt of ) 6.125% - 15/May/28 15,559 0.01
1,400,000,000 Indonesia (Govt of ) 7.500% - 15/Aug/32 92,007 0.03
2,731,000,000 Indonesia (Govt of ) 7.500% - 15/Apr/40 176,001 0.07
13,048,000,000 Indonesia (Govt of ) 9.000% - 15/Mar/29 939,543 0.35
8,135,000,000 Indonesia (Govt of ) 9.500% - 15/Jul/31 606,768 0.23
11,721,000,000 Indonesia (Govt of ) 10.500% - 15/Aug/30 923,050 0.34
2,586,000,000 Indonesia (Govt of ) 11.000% - 15/Sep/25 192,019 0.07
2,500,000,000 Perusahaan Penerbit Sbsn Indonesia 8.875% - 15/Nov/31 181,442 0.07
26,198,404 9.76
451
(expressed in EUR)

Nominal Value

22,330,000 Mexico (Govt of ) 5.500% - 4/Mar/27 880,979 0.33
553,010 Mexico (Govt of ) 5.750% - 5/Mar/26 2,242,364 0.83
435,384 Mexico (Govt of ) 8.000% - 5/Sep/24 1,904,341 0.71
25,901,583 9.60
215,000 Peru (Govt of ) 5.350% - 12/Aug/40 40,447 0.02
1,949,000 Peru (Govt of ) 5.400% - 12/Aug/34 391,959 0.15
2,948,000 Peru (Govt of ) 5.940% - 12/Feb/29 666,581 0.25
2,514,000 Peru (Govt of ) 6.150% - 12/Aug/32 557,770 0.21
7,177,000 Peru (Govt of ) 6.950% - 12/Aug/31 1,700,542 0.63
3,357,299 1.26
PHP Supranationals, Governments and Local Public Authorities, Debt Instruments
25,000,000 Philippine (Govt of ) 6.250% - 14/Jan/36 482,665 0.18
482,665 0.18
956,000 Poland (Govt of ) 2.250% - 25/Oct/24 201,326 0.07
16,770,000 Poland (Govt of ) 2.750% - 25/Apr/28 3,450,776 1.28
2,331,000 Poland (Govt of ) 5.750% - 23/Sep/22 522,076 0.19
18,838,762 7.01
1,000,000 Romania (Govt of ) 3.650% - 28/Jul/25 195,716 0.07
3,110,000 Romania (Govt of ) 3.650% - 24/Sep/31 558,728 0.21
1,240,000 Romania (Govt of ) 3.700% - 25/Nov/24 245,326 0.09
435,000 Romania (Govt of ) 4.500% - 17/Jun/24 87,849 0.03
6,625,000 Romania (Govt of ) 4.750% - 24/Feb/25 1,345,082 0.50
452
(expressed in EUR)

Nominal Value
RON Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
9,180,000 Romania (Govt of ) 5.800% - 26/Jul/27 1,941,014 0.72
7,900,000 Romania (Govt of ) 5.850% - 26/Apr/23 1,628,072 0.61
7,313,882 2.73
RSD Supranationals, Governments and Local Public Authorities, Debt Instruments
31,400,000 Serbia (Govt of ) 4.500% - 11/Jan/26 276,608 0.10
28,100,000 Serbia (Govt of ) 4.500% - 20/Aug/32 245,078 0.09
23,000,000 Serbia (Govt of ) 5.875% - 8/Feb/28 217,996 0.08
739,682 0.27
118,015,000 Russia (Govt of ) 7.000% - 16/Aug/23 1,361,658 0.51
265,449,000 Russia (Govt of ) 7.050% - 19/Jan/28 2,925,918 1.09
47,900,000 Russia (Govt of ) 7.150% - 12/Nov/25 541,082 0.20
123,910,000 Russia (Govt of ) 7.700% - 23/Mar/33 1,396,575 0.52
43,511,000 Russia (Govt of ) 8.150% - 3/Feb/27 507,672 0.19
8,936,157 3.33
646,098 0.24
TRY Supranationals, Governments and Local Public Authorities, Debt Instruments
2,741,000 Turkey (Govt of ) 8.500% - 14/Sep/22 167,301 0.06
11,240,000 Turkey (Govt of ) 9.000% - 24/Jul/24 545,564 0.20
255,272 Turkey (Govt of ) 9.500% - 12/Jan/22 16,878 0.01
4,575,000 Turkey (Govt of ) 10.500% - 11/Aug/27 178,889 0.07
1,678,000 Turkey (Govt of ) 11.700% - 13/Nov/30 63,556 0.02
5,010,000 Turkey (Govt of ) 12.200% - 18/Jan/23 303,868 0.11
355,000 Turkey (Govt of ) 16.200% - 14/Jun/23 21,885 0.01
2,982,238 1.11
UYU Supranationals, Governments and Local Public Authorities, Debt Instruments
9,765,000 Uruguay (Govt of ) 8.500% - 15/Mar/28 191,381 0.07
8,782,000 Uruguay (Govt of ) 9.875% - 20/Jun/22 175,323 0.07
366,704 0.14
ZAR Supranationals, Governments and Local Public Authorities, Debt Instruments
23,311,000 South Africa (Govt of ) 6.500% - 28/Feb/41 856,810 0.32
453
(expressed in EUR)

Nominal Value
ZAR Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
15,881,000 South Africa (Govt of ) 8.000% - 31/Jan/30 806,273 0.30
13,101,000 South Africa (Govt of ) 9.000% - 31/Jan/40 628,501 0.23
53,675,046 South Africa (Govt of ) 10.500% - 21/Dec/26 3,272,450 1.22
21,979,416 8.17
60,000,000 China (Govt of ) 3.130% - 21/Nov/29 8,477,469 3.14
31,230,000 China (Govt of ) 3.190% - 11/Apr/24 4,393,943 1.62
39,000,000 China (Govt of ) 3.220% - 6/Dec/25 5,530,266 2.05
40,000,000 China (Govt of ) 3.280% - 3/Dec/27 5,701,626 2.11
12,000,000 China (Govt of ) 3.810% - 14/Sep/50 1,783,222 0.66
25,886,526 9.58
460,000 Malaysia (Govt of ) 2.632% - 15/Apr/31 89,911 0.03
835,000 Malaysia (Govt of ) 3.447% - 15/Jul/36 166,322 0.06
8,875,000 Malaysia (Govt of ) 3.465% - 15/Oct/30 1,852,004 0.69
2,750,000 Malaysia (Govt of ) 3.828% - 5/Jul/34 574,453 0.21
2,619,000 Malaysia (Govt of ) 3.885% - 15/Aug/29 564,032 0.21
6,885,000 Malaysia (Govt of ) 3.955% - 15/Sep/25 1,500,840 0.56
1,680,000 Malaysia (Govt of ) 4.254% - 31/May/35 367,175 0.14
765,000 Malaysia (Govt of ) 4.258% - 26/Jul/27 168,530 0.06
2,000,000 Malaysia GII 3.655% - 15/Oct/24 430,608 0.16
22,659,304 8.43
3,174,000 Peru (Govt of ) 6.350% - 12/Aug/28 737,227 0.27
1,884,000 Peru (Govt of ) 6.900% - 12/Aug/37 423,157 0.16
454
(expressed in EUR)

Nominal Value
PEN Supranationals, Governments and Local Public Authorities, Debt Instruments (continued)
4,252,000 Peru (Govt of ) 8.200% - 12/Aug/26 1,068,528 0.40
2,228,912 0.83
621,336 0.23
244,400,000 Russia (Govt of ) 7.250% - 10/May/34 2,649,902 0.99
66,052,000 Russia (Govt of ) 7.400% - 7/Dec/22 770,474 0.29
86,780,000 Russia (Govt of ) 7.700% - 16/Mar/39 966,071 0.36
10,177,739 3.80
23,049,252 8.58
455
Sector % NAV
Governments 97.83
456
(expressed in EUR)

Nominal Value
EUR Bonds
2,405,000 ABN Amro Bank NV 5.000% - 9/Feb/22 2,417,673 1.39
3,000,000 Banco Bilbao Vizcaya Argentaria SA FRN - 12/Apr/22 3,004,508 1.73
3,000,000 Banco Bilbao Vizcaya Argentaria SA FRN - 3/Dec/23 3,046,140 1.75
900,000 Banco Bilbao Vizcaya Argentaria SA FRN - 9/Sep/23 913,295 0.53
1,000,000 Banque Federative du Credit Mutuel SA 0.375% - 13/Jan/22 1,000,243 0.58
2,000,000 BPCE SA FRN - 14/Feb/22 2,001,297 1.15
3,000,000 BPCE SA FRN - 2/Sep/22 3,013,322 1.74
5,700,000 Credit Agricole SA FRN - 17/Jan/22 5,701,154 3.28
1,000,000 Gecina SA FRN - 30/Jun/22 1,002,664 0.58
1,800,000 KBC Group NV 0.750% - 1/Mar/22 1,803,578 1.04
3,300,000 Legrand SA 3.375% - 19/Apr/22 3,337,531 1.92
2,000,000 Orange SA 3.375% - 16/Sep/22 2,054,161 1.18
3,300,000 Procter & Gamble Company 2.000% - 16/Aug/22 3,351,530 1.93
1,400,000 Telstra Corp. Limited 3.500% - 21/Sep/22 1,439,477 0.83
2,000,000 Telstra Corp. Limited 3.750% - 16/May/22 2,030,469 1.17
36,117,042 20.80
Total Bonds 36,117,042 20.80
EUR Equities
132 Immofinanz AG 2,975 0.00
2,975 0.00
Total Equities 2,975 0.00
EUR Commercial Papers and Other Short-term Instruments
2,000,000 APRR SA 0.000% - 17/Jun/22 2,004,643 1.15
3,000,000 APRR SA 0.000% - 23/Jun/22 3,007,214 1.73
3,000,000 APRR SA 0.000% - 30/Sep/22 3,011,318 1.73
3,000,000 Banque Federative du Credit Mutuel SA 0.000% - 19/Aug/22 3,009,966 1.73
3,000,000 Berliner Effektengese 0.000% - 10/Mar/22 3,002,969 1.73
1,000,000 Berliner Effektengese 0.000% - 25/Apr/22 1,001,682 0.58
4,000,000 BFCM 0.000% - 28/Jan/22 4,001,674 2.30
2,000,000 BPCE 0.000% - 11/Mar/22 2,001,915 1.15
2,000,000 Caixabank SA 0.000% - 6/Jan/22 2,000,171 1.15
3,000,000 Caixabank SA 0.000% - 14/Apr/22 3,004,093 1.73
3,000,000 Caixabank SA 0.000% - 12/Sep/22 3,010,679 1.73
1,500,000 Credit Agricole SA 0.000% - 7/Jul/22 1,504,016 0.87
2,000,000 Danaher Corp. 0.000% - 12/Jan/22 2,000,314 1.15
3,000,000 Danone 0.000% - 31/Jan/22 3,001,409 1.73
4,000,000 Danone 0.000% - 8/Mar/22 4,003,988 2.31
1,000,000 Danone 0.000% - 20/Apr/22 1,001,547 0.58
4,000,000 Deutsche Borse AG 0.000% - 17/Feb/22 4,002,672 2.31
2,000,000 Electricite de France SA 0.000% - 4/Jan/22 2,000,112 1.15
2,000,000 Electricite de France SA 0.000% - 27/Jul/22 2,005,866 1.16
5,000,000 EnBW International Finance BV 0.000% - 8/Apr/22 5,005,660 2.88
457
(expressed in EUR)

Nominal Value
EUR Commercial Papers and Other Short-term Instruments (continued)

1,000,000 Engie SA 0.000% - 21/Jan/22 1,000,293 0.58
1,000,000 Engie SA 0.000% - 24/Jan/22 1,000,345 0.58
2,500,000 Engie SA 0.000% - 14/Sep/22 2,508,967 1.44
2,000,000 Gecina SA 0.000% - 2/May/22 2,003,568 1.15
1,000,000 Iberdrola International BV 0.000% - 15/Feb/22 1,000,610 0.58
2,000,000 Iberdrola International BV 0.000% - 24/Feb/22 2,001,505 1.15
2,000,000 Iberdrola International BV 0.000% - 11/Jul/22 2,005,248 1.15
2,000,000 Klepierre SA 0.000% - 26/Jan/22 2,000,745 1.15
1,000,000 Klepierre SA 0.000% - 29/Aug/22 1,003,192 0.58
2,000,000 Klepierre SA 0.000% - 22/Sep/22 2,006,878 1.16
4,000,000 Legrand France 0.000% - 4/Feb/22 4,001,966 2.30
3,000,000 Nordea Bank Abp 0.000% - 19/Aug/22 3,009,850 1.73
4,000,000 Nordea Bank Abp 0.000% - 25/Aug/22 4,013,500 2.31
1,000,000 Nordea Bank Abp 0.000% - 30/Sep/22 1,003,810 0.58
3,000,000 Orange 0.000% - 14/Oct/22 3,012,140 1.73
5,000,000 Regie Autonome des Transports Parisiens 0.000% - 23/Mar/22 5,005,715 2.88
3,000,000 Region Ile de France 0.000% - 14/Mar/22 3,003,172 1.73
2,000,000 Schneider Electric SE 0.000% - 15/Feb/22 2,001,369 1.15
2,000,000 Schneider Electric SE 0.000% - 8/Mar/22 2,001,994 1.15
1,000,000 Societe Generale 0.000% - 18/Oct/22 1,004,062 0.58
5,000,000 Svenska Handelsbanken AB 0.000% - 21/Mar/22 5,005,528 2.88
1,000,000 Svenska Handelsbanken AB 0.000% - 5/May/22 1,001,745 0.58
2,000,000 Svenska Handelsbanken AB 0.000% - 22/Sep/22 2,007,473 1.16
1,000,000 Thermo Fisher Scientific Inc. 0.000% - 7/Jan/22 1,000,107 0.58
5,000,000 UBS 0.000% - 15/Nov/22 5,021,817 2.90
1,000,000 UBS AG 0.000% - 17/Mar/22 1,001,018 0.58
2,000,000 UBS AG 0.000% - 19/Apr/22 2,003,154 1.15
3,000,000 Vattenfall AB 0.000% - 5/Jan/22 3,000,190 1.73
5,000,000 Zuercher Kantonalbank 0.000% - 19/May/22 5,010,931 2.89
2,000,000 Zuercher Kantonalbank 0.000% - 23/May/22 2,004,499 1.15
135,239,911 77.89
Total Commercial Papers and Other Short-term Instruments 135,239,911 77.89
458
Sector % NAV
Commercial papers and other short term instruments 71.54
Banks 17.23
Telephone 1.17
459
(expressed in EUR)

USD Equities
12,924 Prologis Targeted US Logistics 30,994,810 7.83
30,994,810 7.83
Investment funds
AUD Funds
27,349,914 Charter Hall Prime Industrial Fund 28,517,452 7.21
28,517,452 7.21
EUR Funds
263,356 Goodman European Logistics Fund 20,046,948 5.07
159,847 M&G European Property Fund 27,194,709 6.87
2,431,031 Prologis European Logis 32,689,267 8.26
217 Standard Life European Property 30,308,303 7.66
110,239,227 27.86
GBP Funds
14,436,151 Unite UK Student Accommodation 23,691,297 5.99
23,691,297 5.99
NOK Funds
951 DNB Specialised Investment Fund 13,403,595 3.39
13,403,595 3.39
USD Funds
18,599 Clarion Lion Properties Fund 29,738,465 7.51
23,362 Harrison Street Core Property 31,015,796 7.84
1,325 Morgan Stanley Prime Property 25,539,809 6.45
1,651 Morgan Stanley Prime Property Asia 19,361,386 4.89
18,534 US Cities Industrial Fund LP 38,180,722 9.65
1,000 US Government Building Fund 22,001,929 5.56
165,838,107 41.90
Total Funds 341,689,678 86.35
Total Investment funds 341,689,678 86.35
460
Sector % NAV
Closed-ended Funds 9.65
461
(expressed in EUR)

USD Equities
21,949 Prologis Targeted US Logistics 54,919,921 11.20
54,919,921 11.20
Investment funds
AUD Funds
24,114,775 Charter Hall Prime Industrial Fund 25,144,209 5.13
25,144,209 5.13
EUR Funds
178,394 Ardstone Partners Icavrdstone R 18,967,158 3.87
316,180 Barings European Core Property Fund ScSp 32,335,729 6.59
20,264 Irish Property Unit Trust Fim2 22,087,440 4.50
19,862,822 Nrep Income+ Fund Re Scsp 19,862,822 4.05
162,700 Vcrf Holding BV 33,880,033 6.91
127,133,182 25.92
GBP Funds
15,801,472 Unite UK Student Accommodation 25,931,937 5.29
25,931,937 5.29
JPY Funds
28,681,333 Goodman Japan Core Fund 26,834,084 5.47
26,834,084 5.47
USD Funds
33,205 CIM UII Onshore 41,804,597 8.52
20,032 Clarion Lion Properties Fund 32,029,918 6.53
15,676 Clarion Partners Lion Industrial Trust 46,414,023 9.46
27,444 Harrison Street Core Property 36,435,046 7.43
1,962 Morgan Stanley Prime Property Fund 37,815,700 7.71
289,867 Strategic Property Fund Asia 29,682,517 6.05
224,181,801 45.70
Total Funds 429,225,213 87.51
Total Investment funds 429,225,213 87.51
462
Sector % NAV
463

Sicav Annual Report Final Audited and Signed 2021

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Sicav Annual Report Final Audited and Signed 2021

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Fonds de Compensation

Annual Report, including audited financial

R.C.S. Luxembourg B 129 879

Société d’Investissement à Capital Variable –

Annual Report, including audited financial statements

FDC SICAV EMMA Bonds - Indexed 450

FDC SICAV EUR Money Market - Active 1 457

FDC SICAV Global Real Estate - Active 1 460

FDC SICAV Global Real Estate - Active 2 462

Registered Office Mr Carlos Pereira

Mr Yves Mass FDC SICAV Global Equities - Active 1

Arendt & Medernach S.A.

Tout cela n’est qu’une question de temps.

Basis for Opinion

Ernst & Young

Luxembourg, 28 April 2022

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

FDC SICAV FDC SICAV FDC SICAV FDC SICAV Combined

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

The accompanying notes form an integral part of these financial statements.

FDC SICAV FDC SICAV FDC SICAV FDC SICAV Combined

The accompanying notes form an integral part of these financial statements.

Net asset value per share

Net asset value per share

The accompanying notes form an integral part of these financial statements.

Net asset value per share

Net asset value per share

The accompanying notes form an integral part of these financial statements.

FDC SICAV FDC SICAV FDC SICAV FDC SICAV

Net asset value per share

The accompanying notes form an integral part of these financial statements.

Money Market Sub-Fund

Real Estate Sub-Funds

b) Foreign currency translation

Exchange rates used as of 31 December 2021 are as follows:

Currency Exchange Rate Currency Exchange Rate

c) Investment Securities (continued)

f ) Realised Gains and Losses

g) Derivatives Valuation (continued)

h) Margin Cash and Cash Collateral

3. Custodian and Administration Fees

7. Forward Foreign Exchange Contracts

FDC SICAV Global Equities Small Cap - Active 1

FDC SICAV Global Bonds - Active 1

FDC SICAV Global Bonds - Active 2

FDC SICAV Global Bonds - Active 3

FDC SICAV Global Bonds - Active 3 (continued)

FDC SICAV Global Bonds - Active 3 (continued)

FDC SICAV Global Bonds - Indexed

FDC SICAV Global Bonds - Indexed (continued)

FDC SICAV Global Bonds - Indexed (continued)

FDC SICAV EMMA Bonds - Active 1

FDC SICAV EMMA Bonds - Active 1 (continued)

FDC SICAV EMMA Bonds - Active 1 (continued)

FDC SICAV EMMA Bonds - Indexed

FDC SICAV Global Equities - Active 1

FDC SICAV Global Equities - Indexed